salaryRent is lower than in 72% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (83.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $50,000 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Maine cities?
Yes. Rent here is cheaper than in most of Maine. It is number 10 of 34 cities from cheapest to most expensive.
How much do households earn in Hampden?
Share of households by yearly income. 45.8% of households earn $100,000 or more.
Rent by apartment size in Hampden
| Size | Hampden | U.S. average |
|---|---|---|
| 1 bedroom | $689 | $1,324 |
| 2 bedrooms | $1,714 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hampden overall?
Everyday prices in Maine overall are 3% below the U.S. average (index 97.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hampden, so the Maine figure is shown.
Taxes and bills in Hampden
Life in Hampden
Is it cheaper to rent or buy in Hampden?
Renting is cheaper right now: about $734 a month less.
Owning assumes a typical $285,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,590 for the down payment.
Frequently asked questions
What is the average rent in Hampden, ME?
Renting in Hampden costs a median of about $1,250 a month in 2026, including utilities. The Maine median is $1,452.
How much do I need to make to live in Hampden?
To keep rent under 30% of income, you need about $50,000 a year, or $24 an hour at a full-time job.
Is Hampden cheap or expensive?
Hampden is rated Cheap: rent takes 12.4% of the typical household income of $121,038. It ranks 10th cheapest of 34 Maine cities we track.
How much are property taxes in Hampden?
The median homeowner in Hampden pays $3,863 a year in property taxes, about 1.35% of the median home value.
Is Hampden more expensive than the national average?
Overall prices in Maine are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hampden?
The median home value in Hampden is $285,900, about 2.4 times the typical yearly household income.
5,161 people live in Hampden. Numbers are typical (middle) values.