27 State Street
27 State St,
Bangor, ME 04401
1 Bed | $1,850
Rental Market Trends in Bangor, ME
Updated July 2026
The average rent in Bangor, ME is $1,253/month.
Rent in Bangor is 25% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,253/month
Average Rent
601 Sq Ft
Average Size
+2%
Change / Year
117
Available Apartments
Bangor rent varies by unit size and layout:
- Studio apartments in Bangor average $905 per month.
- One-bedroom apartments in Bangor average $1,253 per month.
- Two-bedroom apartments in Bangor average $1,309 per month.
- Three-bedroom apartments in Bangor average $1,424 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Bangor, ME?
In the past year, rent has increased by 2%, which averages out to $25 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Bangor, ME
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
30%
$700 - $1,000/month
25%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Bangor?
Based on current rent prices, Downtown Bangor is the most affordable neighborhood in Bangor.
Neighborhood
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 $1,253, you’ll want to make about $4,176 per month or $50,112 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.
View the Bangor Area GuideStudio
$868/month
$868/month
One Bedroom
$1,361/month
$1,361/month
Two Bedroom
$1,446/month
$1,446/month
Three Bedroom
$2,785/month
$2,785/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Bangor We Think You'll Love
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Frequently Asked Questions
What is the average rent in Bangor?
The average rent in Bangor is $1,253 per month, which is 24.7% lower than the national average of $1,663.
What is the average rent for a house in Bangor?
The average rent for a house in Bangor, ME is $1,812 per month.
Are rents going up or down in Bangor?
Rents in Bangor, ME are increasing, with prices up 2.0% year-over-year and $25 more per month.
What rent range is most common in Bangor?
In Bangor, ME, 30% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.