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City Report · ME

Bangor

Pop. 31,938·20th most expensive in Maine·Bangor rents are up 12.7% over the past year
Median rent (all units)
$1,592/mo
Year-over-Year
+12.7%
Month-over-Month
+0.8%
vs US Median
-$373
Rising (Monthly)
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Most AffordableMost Expensive
Bangor · $1,592
More affordable than 70% of US cities · National median $1,965/mo
Rent Reality Score
49/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Bangor's 10-year trend predicts.

Actual rent
$1,592/mo
Expected by trend
$1,586/mo
The Rent Reality Score compares today's median rent to where Bangor's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,090
2 BR
$1,390
3 BR
$1,780
4 BR+
$1,850
Research median
$1,390/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,104/yr
At $1,592/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.7% YoY, +0.8% MoM), not inventory.
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Demographics

Who lives here

Bangor, ME is roughly split between renters and owners, has a median income below the national average, 35.1% of residents hold a bachelor's degree or higher.

Population
31,938
Median income
$59,942
Median age
41
Renters
52.8%
Age distribution
16.7%
25.8%
25.1%
12.5%
19.9%
Under 1816.7%
18–3425.8%
35–5425.1%
55–6412.5%
65+19.9%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
88.3%
White88.3%
Black3%
Hispanic3.1%
Asian1.7%
Other3.9%
Education (25+)
29.8%
31.1%
35.1%
No HS diploma4%
HS diploma29.8%
Some college31.1%
Bachelor's+35.1%
Housing tenure
47.2%
52.8%
Owner47.2%
Renter52.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bangor, ME has changed in 5 years

Rent
$1,081 → $1,592
up 47.3%
Income
$49,652 → $59,942
up 20.7%
Population
31,920 → 31,938
up 0.1%
Renter share
52.7% → 52.8%
+0.1 pts
Bachelor's+
37.1% → 35.1%
-2.0 pts
Median age
39 → 41
+2.0 yrs

Across the past five years, the going rent in Bangor, ME has shifted from $1,081 to $1,592, up 47.3% since 2021. Household income in the area moved from $49,652 to $59,942 across the same window, up 20.7% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 37.1% to 35.1% across the same window. Reading these numbers side by side helps frame whether current listings in Bangor, ME look reasonable against where the market sat half a decade ago.

Community

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View Bangor rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bangor on your salary?

At $1,592/mo, how Bangor rent compares to typical pay (30% rule).

By apartment size

Bangor rent by bedroom count

Median rent for each apartment size in Bangor. Click any size for full breakdown.

Local insights

Tips for renters in Bangor

About renting in Bangor, ME

Last updated: July 20, 2026

The median rent in Bangor is $1,592/mo as of July 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,390/mo. One-bedroom apartments average $1,090/mo and 3-bedroom units go for $1,780/mo.

At 32% of local median household income ($59,942/yr), Bangor ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.7% over the past year.

FAQ

Frequently asked questions

Is Bangor an affordable city for renters?

Bangor is considered moderate for renters. At $1,592/mo, rent takes approximately 32% of the local median household income ($59,942/yr). The standard benchmark is 30%. Bangor slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Bangor?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,592/mo in Bangor. The local median household income is $59,942/yr, meaning the typical Bangor household falls short of that threshold.

Is rent going up or down in Bangor?

Rent in Bangor has increased 12.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Bangor rent compare to other cities in Maine?

Bangor is one of the more affordable cities in Maine for rent, ranking #20 out of 25 tracked cities at $1,592/mo.

What percentage of Bangor residents rent vs. own?

According to Census data, approximately 52.8% of Bangor households are renters, while 47.2% are owner-occupied. With a majority renter population, Bangor has a strong rental market.

How does Bangor rent compare to the national average?

Bangor's median rent of $1,592/mo is $373 (19%) below the US national median of $1,965/mo. Within Maine, it ranks #20 out of 25 tracked cities.
Income Affordability
32%
MODERATE

At $1,592/mo, rent takes ~32% of Bangor's median household income ($59,942/yr). The standard benchmark is 30%.

Bangor 32%Benchmark 30%
State income tax5.8–7.15%
Run the Bangor affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bangor, ME

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