Homes for Rent in 04401

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What to Know About

Life in Bangor & Beyond

Bangor shares many of the great qualities that make Maine a desirable place to live.

Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Bangor, ME

As of March 2026, Bangor's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bangor's average rent is 29.0% ($559) lower than the Maine average of $1,928 and 22.6% ($400) lower than the U.S. average of $1,769.

Average Rent
$1,369
Monthly ChangeMonth Over Month Change
Decreased1.5% ($21)
Yearly ChangeYear Over Year Change
Decreased4.5% ($64)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,088 Decreased2.8% ($31) Increased3.5% ($37)
2 Beds $1,371 Decreased2.8% ($39) Decreased10% ($153)
3 Beds $1,540 Decreased2.8% ($44) Decreased9.7% ($166)
Nearby Cities Average Rent Avg. Rent vs. BangorAverage Rent vs. Bangor Avg. Days on MarketAverage Days on Market
Brewer $1,379 Increased0.7% ($10) 35 days
Orono $1,553 Increased13.4% ($184) 35 days
Hampden $1,497 Increased9.3% ($128) 39 days
Holden $975 Decreased28.8% ($394) 37 days
Old Town $1,505 Increased9.9% ($136) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Bangor Rental Market FAQs

Explore rental prices, market trends, and availability in Bangor, ME.

The average rent in Bangor, ME is $1,369 per month.
Homes in Bangor typically rent for between $762 and $2,002 per month, with an average of $1,369 per month.
In Bangor, the average rent for a 1-bedroom home is $1,088 per month, for a 2-bedroom home, $1,371 per month, and a 3-bedroom home is $1,540 per month.
The average rent in Bangor is 22.6% ($400) lower than the national average of $1,769 per month.
The average rent in Bangor has decreased by 1.5% ($21) in the last month and decreased by 4.5% ($64) over the past year.
The rental market in Bangor, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Bangor, ME, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 65 rental properties available in Bangor, ME.
Based on the current averages, a household would need an annual income of $54,840 to comfortably afford a 2-bedroom home in Bangor.
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