Cheap Apartments for Rent in Bangor, ME from $700 (55 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
property at 97 Broadway

$1,050 - $1,200

Studio To 1 Bedroom Rentals

Available Aug 1

97 Broadway

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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167 Broadway
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,500
Total Monthly Price
$1,200 - $1,500
Studio to 1 Bedroom Apartment Available Now

167 Broadway

167 BroadwayBangor, ME 04401
Furnished
  • Smoke Free

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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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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Bangor, ME Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Bangor, ME

Pricing Updated: 04/27/2026

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$3,250$1,00031

Cheapest Available Bangor Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,350

Best Value Apartments for Rent in Bangor, ME

As of April 28, 2026 the best value apartment in the Bangor area is the $1.91 price per square foot 33 Charles St Model at 33 Charles St, Unit 33 charles st. in the in the Downtown Bangor neighborhood starting from $3,250. The second greatest value Bangor apartment is the 89 State St Model at 89 State St, Unit 89 State Street Apt. 2 starting at $1,900 with a $1.19 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.
33 Charles St, Unit 33 charles st.33 Charles St5BR,1BA$1.91
89 State St, Unit 89 State Street Apt. 289 State St3BR,1BA$1.19
439 Essex St, Unit Essex st Apartment439 Essex St3BR,1BA$1.48
267 Ohio St267 Ohio St2BR,1BA$1.67
1434 Ohio St, Unit 1434 Ohio Street Unit 481434 Ohio St2BR,1.5BA$1.65
Old County EstatesApartment2BR,1.5BA$1.54
167 Wilson St, Unit 167 Wilson St Brewer ME167 Wilson St1BR,1BA$1.50
824 State St, Unit 6824 State St2BR,1BA$1.60
834 State St, Unit 3834 State St2BR,1BA$1.63
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1.73

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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See the most popular apartments and homes in Bangor, ME

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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 $1,700 at 33 State.

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 $1,350 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.