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ZIP Code · ME

ZIP 04401

Part of Bangor, ME
Pop. 44,854·Penobscot County·21st most expensive ZIP in Maine
Median rent (all units)
$1,621/mo
Year-over-Year
+12.0%
Month-over-Month
+0.6%
vs US Median
-$344
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 04401 · $1,621
More affordable than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,330
2 BR
$1,680
3 BR
$2,160
4 BR+
$2,270
Research median
$1,680/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
$19,452/yr
At $1,621/mo median
Location
CityBangor
StateME
CountyPenobscot County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.0% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 04401 (Bangor, ME) is roughly split between renters and owners, 34.7% of residents hold a bachelor's degree or higher.

Population
44,854
Median income
$66,932
Median age
41.4
Renters
45.1%
Age distribution
17.6%
23.6%
25.6%
13.7%
19.4%
Under 1817.6%
18–3423.6%
35–5425.6%
55–6413.7%
65+19.4%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
90.1%
White90.1%
Black2.2%
Hispanic3.2%
Asian1.4%
Other3.1%
Education (25+)
27.9%
33.1%
34.7%
No HS diploma4.2%
HS diploma27.9%
Some college33.1%
Bachelor's+34.7%
Housing tenure
54.9%
45.1%
Owner54.9%
Renter45.1%

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

2021 vs 2026

How ZIP 04401 in Bangor, ME has changed in 5 years

Rent
$1,088 → $1,621
up 49.0%
Income
$57,428 → $66,932
up 16.5%
Population
44,184 → 44,854
up 1.5%
Renter share
44.7% → 45.1%
+0.4 pts
Bachelor's+
37.6% → 34.7%
-2.9 pts
Median age
39.8 → 41.4
+1.6 yrs

Compared with 2021, rent in ZIP 04401 in Bangor, ME has increased by $533 per month, settling near $1,621 after starting the period at $1,088. Local incomes tracked alongside that move, going from a median of $57,428 in 2021 to $66,932 more recently. Rent outpaced income growth by roughly 32.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 44,184 to 44,854 between 2021 and 2024, a 1.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 37.6% to 34.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 04401 in Bangor, ME market of 2021.

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Local insights

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About renting in ZIP 04401

Last updated: July 20, 2026

ZIP code 04401 covers Bangor, ME. The median rent here is $1,621/mo as of July 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,680/mo.

At 29% of local median household income ($66,932/yr), ZIP 04401 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 04401?

As of July 20, 2026, the median monthly rent in ZIP 04401 (Bangor, ME) is $1,621. This is based on aggregated data from public sources and community submissions.

How does ZIP 04401 rent compare to the US average?

ZIP 04401's median rent of $1,621/mo is $344 (18%) below the US national median of $1,965/mo.

How does ZIP 04401 compare to other ZIPs in Maine?

ZIP 04401 is among the more affordable ZIP codes in Maine, ranking #21 out of 26 ZIPs at $1,621/mo.

How much income do you need to rent in ZIP 04401?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,621/mo in ZIP 04401. The local median household income is $66,932/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 04401?

Rent in ZIP 04401 has increased 12.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 04401 an affordable place to rent?

ZIP 04401 is considered affordable for renters. At $1,621/mo, rent takes approximately 29% of the local median household income ($66,932/yr). The standard benchmark is 30%. ZIP 04401 falls comfortably within that range.

What percentage of ZIP 04401 residents rent vs. own?

According to Census data, approximately 45.1% of ZIP 04401 households are renters, while 54.9% are owner-occupied. ZIP 04401 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 04401 compare to the rest of Bangor?

ZIP 04401 is pricier than Bangor as a whole. At $1,621/mo, it's $29 above the Bangor citywide median of $1,592/mo.

When was rent data for ZIP 04401 last updated?

Rent data for ZIP 04401 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,621/mo, rent takes ~29% of ZIP 04401's median household income ($66,932/yr). The standard benchmark is 30%.

ZIP 04401 29%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04401 (Bangor, ME)

Recent submissions

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