Homes for Rent in 04402

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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 July 2025, Bangor's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bangor's average rent is 28.2% ($527) lower than the Maine average of $1,868 and 24.5% ($434) lower than the U.S. average of $1,775.

Average Rent
$1,341
Monthly ChangeMonth Over Month Change
Decreased0.4% ($6)
Yearly ChangeYear Over Year Change
Decreased9% ($132)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,021 Decreased0.4% ($4) Decreased21.2% ($274)
2 Beds $1,510 Decreased2.3% ($35) Increased0.9% ($14)
3 Beds $1,814 Decreased4.8% ($92) Increased1.1% ($19)
Nearby Cities Average Rent Avg. Rent vs. BangorAverage Rent vs. Bangor Avg. Days on MarketAverage Days on Market
Brewer $1,432 Increased6.8% ($91) 35 days
Orono $1,748 Increased30.4% ($407) 35 days
Hampden $1,363 Increased1.6% ($22) 39 days
Old Town $1,408 Increased5% ($67) 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 $1,341 per month.
Homes in Bangor typically rent for between $715 and $2,358 per month, with an average of $1,341 per month.
In Bangor, the average rent for a 1-bedroom home is $1,021 per month, for a 2-bedroom home, $1,510 per month, and a 3-bedroom home is $1,814 per month.
The average rent in Bangor is 24.5% ($434) lower than the national average of $1,775 per month.
The average rent in Bangor has decreased by 0.4% ($6) in the last month and decreased by 9.0% ($132) 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 35 rental properties available in Bangor, ME.
Based on the current averages, a household would need an annual income of $60,400 to comfortably afford a 2-bedroom home in Bangor.
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