Bangor
Maine · Ranked #94 of 373 metros
86Affordable
💡
Housing in Bangor costs 3.45× the median income, below the national average of 4.5×. The median home price is $229K and median rent is $1,105/month. Bangor ranks #94 of 373 metros for affordability.
Median Home Price
🏠$229K
Need $68K income
Median Rent
🔑$1,105
Need $44K income
Building Permits
🔨450
annual
Median Income
💰$66K
Pop: 168,387
Rent Burden
⚠️18.2%
of renters paying >30%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bangor | National |
|---|---|---|
| Price-to-Income Ratio | 3.45x | 6.1x |
| Rent Burden | 18.2% | 31.5% |
| Homeownership Rate | 72.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +80%Since 2000: +211.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,244/mo
1 Bedroom$1,313/mo
2 Bedroom$1,659/mo
3 Bedroom$2,133/mo
4 Bedroom$2,242/mo
Zillow Market Data
Home Value (ZHVI)
$266K
1yr: +0.9%5yr: +45.2%
Rent (ZORI)
$1,556/mo
1yr: +4.6%5yr: +38.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$287K
Active Inventory
430
Days on Market
78
Sold Above List
11.3%
Price Drops
19.1%