Housing

New homes permitted, home values and rents, and the housing stock, from federal data.

Checked . Each source updates once or twice a year.

Summary

New homes permitted

Homes approved for construction each year by building permit, counted in housing units: a duplex is two. Some permitted homes are never built, and others take years to finish.

YearHomesIn buildings of 5+
20258340
2024670
2023390
2022460
2021420
20208138
2019280
20184912
20179830
2016100

So far in 2026, through Aug 2026: 64 homes, partly estimated.

Cities and towns report permits to the Census Bureau monthly or once a year. For months without a report, the Bureau estimates the count; those years are marked "partly estimated". Source: U.S. Census Bureau, Building Permits Survey (opens in new tab).

Home values and rents

From the Census Bureau's American Community Survey, which samples households over five years (2020–2024). Each Bangor figure has a margin of error (±) because it comes from a sample.

MeasureBangorMaine
Median home value$219,600±$10,305$296,600
Median rent, per month$1,055±$43$1,139
Renters paying 30% or more of income on rent51.5%±6.548.4%
Renters paying 50% or more24.7%±4.121.8%

Home value is what owners estimate their home would sell for. Rent is gross rent, including utilities the renter pays. Source: U.S. Census Bureau, ACS 2024 5-year, via Census Reporter (opens in new tab).

Housing stock

Homes in Bangor by who lives in them, 2020–2024.

HomesNumberShare
Lived in by the owner6,88043%
Rented7,70148%
Vacant1,4619%
of which seasonal or vacation homes330%
All homes16,042100%

Estimates from the American Community Survey. Source: U.S. Census Bureau via Census Reporter (opens in new tab).