Bangor, Maine Short-Term Rental Market
Bangor, Maine STRs averaged $175/night at 36.0% occupancy in April 2026, a regulated market with an 88.2 investability score.
Quick Answer: Bangor, Maine is an active short-term rental market. average occupancy in the Maine Area market area is 53%. average monthly revenue in the Maine Area market area is $2,758. average daily rate in the Maine Area market area is $228. the top operator in the Maine Area market area is Morton & Furbish Vacation Rentals with 332 listings. market score is 54/100 (grade D).
Market data reflects the Maine Area regional market, which includes Bangor. Regulations, taxes, and permit details below are specific to Bangor.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Bangor is the third-largest city in Maine and the regional hub for the state’s northern and eastern corridors. The city draws leisure travelers, visitors en route to Acadia and Baxter State Park, literary tourists (hometown of Stephen King), and event crowds at the Maine Savings Amphitheater and Cross Insurance Center. Bangor International Airport provides direct access from major Northeast and Midwest markets.
As of April 2026, the STR market recorded an average daily rate of $175, occupancy of 36.0%, and RevPAR of $63. Average monthly revenue per active listing was $1,805. April is a seasonally slow month for Bangor; full-year 2025 occupancy averaged 48.8% and average monthly revenue averaged $2,740. Year-over-year, April occupancy fell 12.1% and revenue declined 6.5%, while ADR rose 7.1%, indicating operators are holding rates on lower-demand inventory.
Entire-place listings represent 5,680 of 6,065 tracked units (93.7%). Private rooms account for 381 listings. By bedroom count, 1-bedroom properties lead at 1,781 units, followed by 2-bedroom (1,728), 3-bedroom (1,552), 4-bedroom (691), and 5-bedroom (310) listings. Airbnb is the dominant single channel with 3,199 listings, and 2,260 properties hold dual Airbnb and VRBO presence.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 46% |
| Feb | 58% |
| Mar | 45% |
| Apr | 41% |
| May | 47% |
| Jun | 57% |
| Jul | 68% |
| Aug | 67% |
| Sep | 48% |
| Oct | 48% |
| Nov | 40% |
| Dec | 47% |
Month-by-month nightly rates and revenue figures for Bangor are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Maine Area market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Maine Area market as a whole, which includes Bangor, so these counts are not Bangor-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Morton & Furbish Vacation Rentals | 332 | 4,697 | ★ 4.78 |
| 2 | Vacasa | 123 | 4,683 | ★ 4.62 |
| 3 | Evolve | 99 | 2,736 | ★ 4.68 |
| 4 | North Woods Maine Cabins Inc | 70 | 1,117 | ★ 4.84 |
| 5 | Sugarloaf Rentals LLC | 63 | 558 | ★ 4.89 |
What Kind of STR Should I Buy in Bangor?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Bangor are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 52.7% |
| vrbo | 10% |
| both | 37.3% |
Home Value Trends (Bangor)
Typical home values, median sale prices, and the 10-year price trend for Bangor are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Bangor — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Bangor adopted a formal STR ordinance effective October 23, 2023, creating one of Maine’s more structured local STR frameworks.
All STRs must be registered and licensed through the city’s online portal (str.deckard.com). There are two license categories: VR-1 for owner-occupied or primary-residence (hosted) rentals, requiring the host to document that the property is their primary residence (lived in 6 or more months, used for tax ID purposes); and VR-2 for non-owner-occupied, whole-unit rentals.
New licenses cost $250 plus processing fees; renewals are $100 unless an additional inspection is required, rising to $250 at the third renewal when re-inspection is due. Safety inspections are required before registration and every three years afterward. Hosts must provide a 24/7 emergency contact and at least $1 million in property and general liability insurance acknowledging STR use.
Critically for investors: VR-2 (non-hosted) licenses are capped citywide at 1% of total dwelling units, issued first-come, first-served. No operator may hold more than 5 STR units, and no more than 50% of a multi-family building’s units may be licensed as STRs. Minimum-stay requirements apply: 2 nights for VR-1, 4 nights for VR-2. Maine’s 9% state lodging tax applies; no separate Bangor city occupancy tax was identified. A 24/7 complaint hotline (207-378-3966) is active.
Market Comparison
Bangor’s April 2026 occupancy of 36.0% is well below the US STR median of approximately 55%, but this reflects April being a seasonally weak month. The 2025 full-year average occupancy of 48.8% is also below the national median, consistent with a northern Maine market where winters dampen year-round demand. ADR at $175 is below the national median of approximately $220.
The market is led by Morton and Furbish Vacation Rentals, a Maine-specialized operator with 332 listings and 4,697 reviews (4.78 average rating). Vacasa holds 123 listings with a 4.62 average rating, and Evolve manages 99 listings with a 4.68 rating. North Woods Maine Cabins (70 listings, 4.84 rating) and Sugarloaf Rentals (63 listings, 4.89 rating) round out the top five. The top five operators collectively hold approximately 11.0% of the 6,065 total market listings, making Bangor more professionally managed than many comparable-sized markets.
Bangor’s investability score of 88.2 is the second-highest among the current batch, suggesting the market is attractively priced relative to its demand fundamentals despite the regulatory complexity introduced by the 2023 ordinance.
Frequently Asked Questions About Bangor, Maine
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