City Report · ME

Bangor

Pop. 31,938·19th most expensive in Maine·Rental market data updated monthly for Bangor, ME
Median rent (all units)
$1,509/mo
Year-over-Year
+3.7%
Month-over-Month
Stable
vs US Median
-$423
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Bangor · $1,509
More affordable than 75% of US cities · National median $1,932/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Bangor's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,509/mo
Expected by trend
$1,592/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
Fair Market Rent (HUD)
$1,390/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,509 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Bangor is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Maine

Rent in Bangor changed +3.7% over the year to September 2026. Across the 14 Maine cities Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($59,942) is $1,499 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,390); a 3-bedroom is $1,780.

From Zillow's monthly rent index (ZORI) for Bangor. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,108/yr
At $1,509/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.1% MoM), not inventory.
Rent check

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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
$1,095 → $1,509
up 37.8%
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 $1,095 to $1,509, up 37.8% 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 $1,509/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: October 17, 2026

The median rent in Bangor is $1,509/mo as of October 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 30% of local median household income ($59,942/yr), Bangor ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

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 $60,000/year (about $29/hour full-time) to afford the median rent of $1,509/mo in Bangor. The local median household income is $59,942/yr, so the typical household falls short of that bar.

Is rent going up or down in Bangor?

Rent in Bangor has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

How does Bangor rent compare to other cities in Maine?

Bangor is one of the more affordable among Maine cities for rent, ranking #19 of 20 tracked cities at $1,509/mo. Over the year to September 2026, rent in Bangor changed +3.7%, against a typical +3.0% across the 14 Maine cities Zillow tracks.
Income Affordability
30%
MODERATE

At $1,509/mo, rent takes ~30% of Bangor's median household income ($59,942/yr). The standard benchmark is 30%.

Bangor 30%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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