Cedarwoods Apartments
818-830 Ohio St,
Bangor, ME 04401
$1,325 - $1,400
1-2 Beds
Rental Market Trends in Bangor, ME
What is the average rent in Bangor, ME?
$1,149/month
Average Rent
623 Sq Ft
Average Apartment Size
-2.1%
Decrease in the Last Year
As of September 2025, the average rent in Bangor, ME is $1,149 per month. This is 30% lower than the national average rent of $1,640/month, making renting in Bangor more affordable than most cities in the US. When you rent an apartment in Bangor, you can expect to pay about $789 per month for a studio, $1,149 for a one-bedroom apartment, and around $1,248 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,393 or more.
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Average Rent
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Floor Plan Type
Average Rent
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How much has average rent changed in Bangor, ME?
In the past year, rent has decreased by 2.1%, which averages out to $24 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bangor?
Based on current rent prices, Downtown Bangor is the most affordable neighborhood in Bangor.
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Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bangor?
Based on current rent prices, Downtown Bangor is the most expensive neighborhood in Bangor.
Neighborhood
Average Rent
Average Sq Ft
Which Bangor neighborhoods have the most rentals available?
The neighborhood in Bangor with the most apartments available is Downtown Bangor .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bangor, ME?
Because the average rent in Bangor is $1,149, you’ll want to make about $3,830 per month or $45,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Bangor, ME compare to other nearby cities and neighborhoods?
Use the tool below to compare Bangor, ME to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$726/month
$726/month
One Bedroom
$1,144/month
$1,144/month
Two Bedroom
$1,276/month
$1,276/month
Three Bedroom
$2,744/month
$2,744/month
Nearby City Rent Trends
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Methodology
† 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 September 2025.
* Percentages may not total 100 due to rounding.