Bangor, ME housing market
Typical home value
$283K
▲ 0.6% 1 yr
Typical rent
$1,509/mo
▲ 3.6% 1 yr
Gross rent yield
6.4%
U.S. 6.3%
5-year home value change
+34%
U.S. +20%
Key takeaways
- 1The typical home in Bangor is worth $283,105, up 0.6% over the past year and up 34% over five years.
- 2Typical rent is $1,509 a month (+3.6% YoY), a gross rent yield of 6.4% (below the Bangor, ME metro's 6.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,556/mo, $47 more than typical rent.
- 4Zillow forecasts the Bangor, ME metro's home values to change +2.1% over the next 12 months.
Market temperature (Bangor, ME metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 33/100, #397 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Bangor compares
| Measure | Bangor | Bangor, ME metro | United States |
|---|---|---|---|
| Typical home value | $283,105 | $277,445 | $366,157 |
| Home value, 1-yr change | +0.6% | +2.0% | +1.2% |
| Typical rent | $1,509 | $1,512 | $1,932 |
| Rent, 1-yr change | +3.6% | +4.3% | +2.7% |
| Gross rent yield | 6.4% | 6.5% | 6.3% |
| Price-to-rent ratio | 15.6 | 15.3 | 15.8 |
| Mortgage P&I, typical home | $1,556 | $1,525 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Bangor rental, pre-filled.
Rent vs buy in Bangor
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $283K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.