Cheap Apartments for Rent in the Downtown Bangor Neighborhood of Bangor, ME from $700 (59 Rentals)

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

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.

property at 283 Union St

$1,700 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,300

Total Monthly Price
$1,700 - $2,300

Studio To 1 Bedroom Townhomes for Rent

Available Now

283 Union St

BangorME04401

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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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
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Ledgewood Apartments
2 to 3 Bedroom Apartments

Ledgewood Apartments

682 Ohio StBangor, ME 04401
  • Utilities Included

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.

Downtown Bangor, Bangor, ME Local Guide

Cheapest Available Downtown 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 Downtown Bangor, ME

As of April 28, 2026 the best value apartment in the Downtown 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 Downtown 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 Downtown 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
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
116 Larkin St, Unit #2116 Larkin St2BR,1BA$1.96

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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Frequently Asked Questions about Cheap Downtown Bangor Apartments

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

The lowest price for a Cheap One Bedroom Downtown Bangor Apartment is $1,700 at 33 State.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown 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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.