Cheap Apartments for Rent in Bangor, ME from $700 (77 Rentals)

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

property at 66 Second St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

4 Bedroom, 1 Bath Home for Rent

Available Jun 14

66 Second St

BangorME04401
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

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.

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property at 64 Second St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

64 Second St, Unit #1

64 Second St
BangorME04401
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65 1st St, Unit Apt 2
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

65 1st St, Unit Apt 2

65 1st StBangor, ME 04401
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38 6th St, Unit 2
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

38 6th St, Unit 2

38 6th StBangor, ME 04401
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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Bangor, ME Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Bangor, ME

Pricing Updated: 06/12/2026

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$2,700$95037

Cheapest Available Bangor Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1,375

Best Value Apartments for Rent in Bangor, ME

As of June 12, 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 65 1st St Model at 65 1st St, Unit Apt 2 starting at $1,200 with a $1.00 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
65 1st St, Unit Apt 265 1st St2BR,1BA$1.00
Old County EstatesApartment2BR,1.5BA$1.54
317 S Main St317 S Main St2BR,1BA$1.50
166 Essex St, Unit A166 Essex St2BR,1BA$1.35
312 Union St, Unit 4312 Union St2BR,1BA$1.90
167 Wilson St, Unit 167 Wilson St Brewer ME167 Wilson St1BR,1BA$1.50
163 Broadway, Unit 2163 Broadway2BR,1BA$1.94
Cedarwoods Apartments2 Bedroom (units 89-112)2BR,1BA$1.75
38 6th St, Unit 238 6th St1BR,1BA$1.82

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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.

Best Local Schools in
Bangor, ME

School data provided by Great Schools

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

Explore Bangor, ME Rentals by Map

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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 27 State Street.

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 $1,375 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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.