Bangor, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Bangor short-term rental market based on reliable data.

Listings

228 / 509

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$24,720

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$274,796

Median Home Sale Price

Top Earners

$57,239

Top-Earners Revenue

Bangor

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bangor.

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C

Challenging to Investors

Bangor Regulations

Bangor explicitly allows STRs but imposes strict limits (1% overall cap and a 157‑unit cap on non‑hosted rentals) plus individual‑owner caps and annual licensing with safety inspections—creating meaningful constraints that raise compliance costs and reduce supply.

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About Bangor

Bangor ( BANG-gor) is a city in and the county seat of Penobscot County, Maine, United States. The city proper has a population of 31,753, making it the state's third-most populous city, behind Portland (68,408) and Lewiston (37,121). Bangor is known as the “Queen City.” Modern Bangor was established in the mid-19th century with the lumber and shipbuilding industries. Lying on the Penobscot River, logs could be floated downstream from the Maine North Woods and processed at the city's water-powered sawmills, then shipped from Bangor's port to the Atlantic Ocean 30 miles (48 km) downstream, and from there to any port in the world. Evidence of this is still visible in the lumber barons' elaborate Greek Revival and Victorian mansions and the 31-foot-high (9.4 m) statue of Paul Bunyan. Today, Bangor's economy is based on services and retail, healthcare, and education. Bangor has a port of entry at Bangor International Airport, also home to the Bangor Air National Guard Base. Historically Bangor was an important stopover on the Great Circle Air Route between the U.S. East Coast and Europe. Bangor has a humid continental climate, with cold, snowy winters, and warm summers.

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