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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Bangor, ME Housing Affordability Index

Bangor, Maine has an MBR Housing Affordability Index score of 95.9 (Near National Average) as of October 30, 2026, ranking 81st most affordable of 128 scored Maine cities, compared with 95.4 statewide and 97.4 nationally. On a median-priced $219,600 home with 20% down, the Maine average 30-year fixed rate of 7.19% means a monthly principal and interest payment of about $1,191, or 24% of the city’s $59,942 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Bangor is updated every night from live Maine mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Bangor MBR-HAI 95.9 Near National Average
Rank in Maine 81 of 128 1 = most affordable
Maine 95.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.19% Maine lenders
Median home value $219,600 U.S. Census Bureau

Bangor is 0.5 points above the Maine score. Scores as of October 30, 2026. See the Maine index

View Bangor Mortgage Rates

What It Takes to Buy in Bangor

$1,191/mo
Principal & Interest
Median home, 20% down, 7.19%
$51,000
Income Needed
To keep the payment at 28% of income
$59,942
Median Household Income
Maine: $74,733
3.7x
Price-to-Income Ratio
Maine: 4.0x
$1,185/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,482/yr
Median Property Tax
1.59% of median value
27.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
50.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Bangor, Maine. The rate is the Maine average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Bangor Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Bangor, Maine score: 95.9 (Near National Average), ranked 81 of 128 Maine cities. monitorbankrates.com/housing-affordability-index/maine/bangor”