The Exchange Building
27 State St,
Bangor, ME 04401
$1,850 - $2,600
1-2 Beds
Downtown Bangor has that old-world, New England charm you'll love. Elegant, historic buildings sit along cobblestone sidewalks, filled with shops and restaurants. All of this, set in the beautiful Maine landscape along the Penobscot River. Downtown Bangor is close to several colleges and universities, including the University of Maine at Augusta, Husson University, and Eastern Maine Community College. Downtown Bangor is home to the Maine Discovery Museum, the University of Maine Museum of Art, and the Bangor Waterfront, a large greenspace along the river with walking trails, picnic areas, concert space, and more.
Maine's motto, "the way life should be," is reflected in Downtown Bangor's atmosphere. In addition to a beautiful neighborhood with sidewalk cafes, art galleries, and cozy bistros, residents have fast access to mountains for skiing and to the river and canals for boating and fishing. Nearby trails provide hiking, mountain biking, and other outdoor adventures. The Bangor State Fairgrounds and the Bangor Raceway, both located in Bass Park, provide other adventures.
As of May 2026, the average apartment rent in Downtown Bangor is $733 for a studio, $1,374 for one bedroom, $1,428 for two bedrooms, and $2,772 for three bedrooms. Apartment rent in Downtown Bangor has decreased by -7.2% in the past year.
Studio
0 sq ft
Average Sq Ft
$733/month
Average Rent
1 BR
539 sq ft
Average Sq Ft
$1,374/month
Average Rent
2 BR
926 sq ft
Average Sq Ft
$1,428/month
Average Rent
3 BR
0 sq ft
Average Sq Ft
$2,772/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Bangor - Bangor, ME is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Downtown Bangor - Bangor, ME offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Get a sense of what it’s like to live in Downtown Bangor - Bangor, ME from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.