Apartments in Bangor

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$225
Bangor, ME
Studio | Available Now
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$775
Bangor, ME
Studio | Available Now
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Heat Included
Dog Friendly
Cat Friendly
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$1,400
Bangor, ME
2 BR | Available Now
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Dog Friendly
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How much does it cost to rent an apartment in Bangor?

Bangor Apartments
Bed Type Average Rent Range
Studio $780 $230 - $950
1BR $850 $600 - $1,200
2BR $1,500 $970 - $1,900
3BR $1,600 $1,200 - $1,850
4+BR $2,500 $1,700 - $2,800

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Bangor:
April Rent Report

Welcome to the April 2024 Bangor Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Bangor rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Bangor and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Bangor average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Bangor Rent Prices Decrease From March to April

Bangor rent prices decreased over the last month. From March to April, the city experienced a -2.82% decrease for the price of a one-bedroom apartment. The rent price for a Bangor one-bedroom apartments currently stands at $964.0.

When we take a look at the two-bedroom comparison from March to April, Bangor experienced a -1.49% decrease for the price of a two-bedroom apartment. The rent price for a Bangor two-bedroom apartments currently stands at $1,318.0.

April Prices: Bangor vs. Surrounding Areas

Ellsworth, ME
Bangor, ME
$1,100
$981
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent

Rent Prices in Bangor and Surrounding Areas

Rent prices have decreased in Bangor over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Bangor suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Bangor suburbs

  • Rent decreased in Ellsworth, ME.

  • 1 suburb is currently priced higher than the city of Bangor.

April 2024 Pricing Trends: Bangor vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Bangor, ME
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$981
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Bangor Rent Prices More Affordable Than Major Cities

Rent growth in Bangor over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Bangor average rent prices appear to be relatively affordable for local residents.

The price for a Bangor one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Bangor and surrounding area rent prices, take a look at the complete data set below.

Data set for Bangor and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Bangor, ME $981.0 0.62% $1,338.0 -2.41%
Ellsworth, ME $1,100.0 0.00% $936.0 26.32%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.