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Fair Market Rent Prices in Bangor, ME :
$802 $907 $1,166 $1,469 $1,672
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Bangor are high compared to the national average. This FMR area is more expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bangor is $1,166 per month.

The previous year, rent for a two-bedroom home was $1,103 per month. This is a 5.71% increase year-over-year.

This FMR rate applies to Winn, ME, Stacyville, ME, Burlington, ME, Passadumkeag, ME, Stillwater, ME, East Newport, ME, Lagrange, ME, Lee, ME, Exeter, ME, Garland, ME and other cities within the region. The Metro Code or CBSA code for this region is METRO12620MM0730.

Additionally, This Fair Market Rent (FMR) area Bangor, ME HUD Metro FMR Area spans fourteen counties or cities in Maine which ares listed in the table below. Estimated population of Bangor, ME HUD Metro FMR Area FMR area is 93,326 people based on latest Census data.

Compared to the rest of Maine, the Bangor FMR area is more expensive than 65% of the state.

Maine Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bangor. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bangor

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 844
1-BR 1-Bedroom $ 954
2-BR 2-Bedroom $ 1226
3-BR 3-Bedroom $ 1544
4-BR 4-Bedroom $ 1758
Change Year:

The counties, cities, towns, and regions listed below fall into the Bangor, ME HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Bangor.

County / Region Est. Population
Veazie town, ME Metro 1,900
Penobscot Indian Island Reservation, ME Metro 627
Orrington town, ME Metro 3,674
Orono town, ME Metro 10,751
Old Town city, ME Metro 7,453
Milford town, ME Metro 2,991
Kenduskeag town, ME Metro 1,441
Holden town, ME Metro 3,094
Hermon town, ME Metro 5,961
Hampden town, ME Metro 7,394
Glenburn town, ME Metro 4,546
Eddington town, ME Metro 2,439
Brewer city, ME Metro 9,026
Bangor city, ME Metro 32,029
Zip Codes in Bangor, ME HUD Metro FMR Area

There are 44 unique zip codes in this Fair Market Rent (FMR) area:

04401, 04402, 04410, 04411, 04412, 04417, 04418, 04419, 04422, 04427, 04428, 04430, 04434, 04435, 04444, 04448, 04449, 04450, 04453, 04455, 04456, 04457, 04460, 04461, 04462, 04468, 04469, 04473, 04474, 04475, 04479, 04488, 04489, 04493, 04495, 04765, 04777, 04928, 04930, 04932, 04933, 04939, 04953 and 04969

Lookup Fair Market Rent by Zip Code
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