Cheap Apartments for Rent in Bangor, ME from $700 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bangor.

property at 24 Merrimac St

$985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

1 Bedroom, 3 Bath Home for Rent

Available Now

24 Merrimac St

BangorME04401

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Washburn Place
2 Bedroom Apartments

Washburn Place

150 Husson AveBangor, ME 04401
  • Utilities Included
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The Terraces
1 to 2 Bedroom Apartments

The Terraces

200 Hancock StBangor, ME 04401
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bangor, ME Local Guide

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Cheapest Neighborhoods for Apartments in Bangor, ME

Pricing Updated: 07/27/2026

Current apartment rentals in the Bangor, ME area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Bangor Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Bangor$2,300$98511

Cheapest Available Bangor Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1,400
Old County EstatesApartment2BR,1BA$1,695

Best Value Apartments for Rent in Bangor, ME

As of July 27, 2026 the best value apartment in the Bangor area is the $1.54 price per square foot 46 Dillingham St Model at 46 Dillingham St, Unit 46 Dillingham in the in the Downtown Bangor neighborhood starting from $2,150. The second greatest value Bangor apartment is the 75 Market St Model at 75 Market St, Unit 75 market street starting at $2,350 with a $1.96 price per square foot in the Downtown Bangor neighborhood. Here is today’s list of the best values for Bangor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
46 Dillingham St, Unit 46 Dillingham46 Dillingham St3BR,1BA$1.54
75 Market St, Unit 75 market street75 Market St4BR,1BA$1.96
45 Mount Hope Ave, Unit 4545 Mount Hope Ave2BR,1BA$1.58
The Hammond2BR/1.0BA2BR,1BA$2.13
138 Church Rd, Unit 1138 Church Rd3BR,1BA$2.09
Old County EstatesApartment2BR,1.5BA$1.54
247 Center St, Unit 247 Center St, Apt 2A247 Center St3BR,1BA$1.55
313 River Rd313 River Rd2BR,1BA$1.78
413 Hammond St, Unit 5413 Hammond St2BR,1BA$1.72
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1.75

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Bangor Overview

Located in the center of picturesque Maine, theáBangor Region features some of the best coastal land, mountain views, farmland and forestland to the north. But, it is the city of Bangor, ME that is theáregion's financial and industrial hub and can boast of the local school's achievements ináacademic excellence, athletic programs, along with energeticácreative arts and drama programs. You will find apartments in Bangor, ME toáfit all incomes for both singles and family units nestled in a region with plenty of family activities, adult nightlife, and city services. Its quaint downtown features many locally owned shops and friendly eateries.

Why live in Bangor, ME?

At one time,áBangor was theálargest lumber port in the world. It was iná1881, that a local steamboat named Queen City gave way to waterway transport which bolted the area into an unbelievably successful economy that took advantage of the area's massive forestry and running sawmills. Today, Bangor is still known as the Queen City, but it is home to a very famous king-horror novelist, Stephen King. But, actually, it is the majestic architecture of Bangor that is very special and makes it a perfect place to call home. You can stroll down any number of community streets and see homes styled in major European periods, including ItalianateáQueen Anne, and Greek Revival homes.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Bangor Apartments

How much is rent for a Cheap One Bedroom Bangor Apartment?

The lowest price for a Cheap One Bedroom Bangor Apartment is $1,950 at Exchange Block.

What is the lowest price for a Cheap Two Bedroom Bangor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bangor is starting from $1,400 at Cedarwoods Apartments.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.