ZIP reports / ME / 04401
ZIP rental intelligence · 2026-06

ZIP 04401, Bangor, ME

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 04401?

The latest Zillow ZORI for ZIP 04401 is $1,621 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,6212026-06 · up 4.4% year over year
ACS median gross rent$1,076ACS 2024 5-year survey · ±$37 margin of error
HUD two-bedroom standard$1,392Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 04401
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,144ZORI scaled by the local HUD bedroom ladder$982HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,236ZORI scaled by the local HUD bedroom ladder$1,061HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,621ZORI scaled by the local HUD bedroom ladder$1,392HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,095ZORI scaled by the local HUD bedroom ladder$1,799HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,341ZORI scaled by the local HUD bedroom ladder$2,010HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$66,932ACS 2024 5-year · ±$3,344 MOE
Renter share45.1%8,942 renter households
Rent burden 30%+49.2%4,396 observed households
Housing vacancy8.2%1,770 of 21,613 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 04401Zillow asking-rent index$1,621ACS median gross rent$1,076HUD two-bedroom standard$1,392

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 04401ACS median household income$66,932Income at 30% of ZIP ZORI$64,840

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 04401Studio$1,144One bedroom$1,236Two bedrooms$1,621Three bedrooms$2,095Four bedrooms$2,341

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 0440130% or more of income4,396 householdsBelow 30%4,546 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 04401ZIP 04401$1,621Bangor city$1,592Penobscot County county$1,563Bangor, ME metro$1,563

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 04401; missing months remain gaps$1,677$1,506$1,334$1,1622021-062023-122026-06
Five-year change
33.1%exact same-month endpoints
Largest observed drawdown
1.7%peak to a later observed month
Annualized monthly variability
2.7%66 consecutive returns
Monthly coverage
100.0%67 of 67 months
Decision brief

What the evidence says for ZIP 04401

The distinctive decision in 04401 is not simply whether rent is high, but how a current blended asking-rent signal that is well above the area’s surveyed occupied-home rent should be translated into bedroom-specific and household-specific checks. Zillow ZORI is $1,621 for 2026-06, up 4.44% year over year. It is a typical observed asking-rent index blended across rental types, not a quote for an available unit or a measure of what every tenant pays. The five-digit label serves here as both a Zillow ZIP market identifier and a matched Census ZCTA. A ZCTA is a statistical area and is not identical to a USPS delivery ZIP, so address-level fit still needs confirmation.

The largest interpretive gap is between data universes. ACS median gross rent is $1,076 in the ACS 2024 five-year survey, with a $37 margin of error. That statistic describes occupied renter homes and includes selected utilities; it is not a current asking-rent index. Zillow’s $1,621 is 50.65% above the ACS estimate, but the difference cannot be treated entirely as rent growth because timing, population, rental-type blending and utility treatment differ. The local HUD two-bedroom FMR or SAFMR is $1,392 for FY2026, making ZORI 16.45% higher. HUD supplies an administrative bedroom-specific standard, not observed asking rent. These benchmarks should therefore remain parallel rather than being merged into one market-rent measure.

The supplied wider rent context reports $1,592 for the Bangor city scope, $1,563 for the Penobscot County scope and $1,563 for the Bangor, ME metro scope. The current ZIP signal is above each, although those broader values are context rather than property-level comparables. The supplied occupancy context also changes with the boundary: the Bangor city scope shows a 52.82% renter share and 9.11% vacancy, while the Penobscot County scope shows a 29.46% renter share and 13.82% vacancy. The Bangor, ME metro scope’s rent-to-income context is 28.27%. These contrasts show why city, county and metro statistics must be named with their scopes and cannot establish a ZIP ranking, a cause for the difference or the terms of a specific lease.

For unit-size decisions, the modelled ladder runs from a $1,144 studio to $1,236 for one bedroom, $1,621 for two bedrooms, $2,095 for three bedrooms and $2,341 for four bedrooms. These are modelled estimates created by scaling ZIP ZORI with the local HUD bedroom ladder; they are never measured bedroom rents. The studio-to-four-bedroom span is $1,197, while moving from two to three bedrooms adds $474 and moving from three to four adds $246. The nonuniform steps reflect the administrative ladder used in the model, not observed price increments among current listings. Because the base ZORI blends rental types, actual unit size, property type, concessions, condition, fees and included utilities can all produce a different result.

Income evidence makes the current index look near a common arithmetic threshold without establishing household eligibility. ACS median household income is $66,932, while the annual income required to place the current index at 30% of gross income is $64,840. Annualized ZORI equals 29.06% of that median income. This is arithmetic, not advice or an applicant qualification rule, and the ACS household median is not specifically the income of a renter applying for a unit. Renters account for 45.06% of occupied homes. Separately, 49.16% of surveyed renter homes reported gross-rent burden at or above the threshold. That is an observed five-year survey statistic with sampling uncertainty, not proof that a particular applicant is burdened or can afford a listed unit.

The housing-stock evidence cautions against reading the broad vacancy rate as available rental supply. ACS counts 21,613 housing units and 1,770 vacant units, producing an 8.19% overall vacancy rate. Within the vacancy composition, 467 units were classified as for rent, compared with 106 for sale and 145 for seasonal use; other vacant units fall into other classifications. Thus, only one part of total vacancy is explicitly identified as for-rent stock, and even that classification does not confirm current availability, condition or lease terms. The structure profile includes 11,210 single-family units and 1,340 units in the source’s large-multifamily grouping. Those are total-stock categories, not counts of rentals currently being marketed.

Before applying any benchmark to a property, confirm that its exact address falls within the intended Census ZCTA and separately verify its USPS delivery ZIP. Obtain the current advertised rent, bedroom count, lease length, move-in date, deposit, recurring fees, utility responsibilities and any concession affecting effective rent. Confirm whether the relevant HUD standard is a ZIP SAFMR or a county-derived ladder and whether the administrative use matches the intended purpose. Review the listing and proposed lease rather than substituting ZORI, ACS gross rent or a modelled bedroom estimate. The survey figures carry margins of error, the wider geographies are context only, and neither aggregate burden nor vacancy composition determines the circumstances of a particular unit or household.

Decision signals

What deserves a closer property-level check

The benchmarks answer different questions

Zillow ZORI places the ZIP’s typical observed blended asking-rent signal at $1,621, 50.65% above the ACS median gross rent and 16.45% above the HUD two-bedroom standard. Those gaps are useful as definition checks, not as one unified price comparison: ACS describes occupied renter homes with selected utilities, while HUD supplies an administrative bedroom standard.

Bedroom figures are modelled scenarios

Scaling ZIP ZORI by the local HUD ladder produces modelled estimates from $1,144 for a studio to $2,341 for four bedrooms. The increments are not uniform, and none is a measured bedroom-specific asking rent. The sequence can frame listing checks, but actual rent, concessions, fees, property type and utility responsibilities must replace it for a property decision.

Income arithmetic is near the area median

At the 30% arithmetic screen, the current index corresponds to $64,840 in annual income. The ACS median household income is $66,932, exceeding that requirement by $2,092. This is not applicant underwriting because the ACS median covers households generally. Separately, 49.16% of surveyed renter homes were burdened, an observed population statistic with survey uncertainty.

Total vacancy overstates identified rental vacancy

Only 467 vacant units were classified as for rent, compared with 1,770 total vacancies, so the broad vacancy rate should not be treated as rental availability. The wider context also varies by boundary: the ZIP’s renter share falls below Bangor city’s share but remains above Penobscot County’s, reinforcing the need to keep geography and scope explicit.

  • The matched Census ZCTA is statistical and may not align perfectly with a property’s USPS delivery ZIP, creating a geography mismatch if the address is not checked directly.
  • Comparing current Zillow asking-rent observations with the ACS five-year occupied-home measure can overstate apparent change because period, population, rental mix and utility treatment differ.
  • The bedroom ladder inherits both ZORI blending and HUD administrative ratios, so its modelled values may diverge materially from actual listings for particular property types or lease terms.
  • Aggregate vacancy and rent-burden statistics cannot establish whether a specific unit is available, competitively priced or affordable to a particular applicant with distinct income and expenses.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 04401

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$324,927+8.3% year over year
Homes sold139rolling three-month observation
Median days on market45 daysfor-sale listing absorption
Months of supply3.6resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 04401Active listings299Inventory163Pending sales162Homes sold139

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

163 observed inventory · +2.8% year over year.

Price realization

97.7% average sale-to-list ratio · 16.3% sold above original list.

Early absorption

42.6% went off market within two weeks; compare this with 45 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Penobscot County listing conditions

534 active Realtor.com listings · 45 median days on market · 18.8% price-reduced share · 2026-06.

Bangor, ME resale supply

5.0 months of supply · 58 median days on market · 31.8% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

n/a reported apartment vacancy · n/a. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 04401. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

What exactly does the $1,621 figure represent?

ZORI is Zillow’s typical observed asking-rent index blended across rental types, not a median for current listings or a promise for a specific unit. The $1,621 figure is the ZIP-level index for 2026-06. Actual rent should be checked against the listing, lease term, concessions, fees and utility allocation.

Why is ACS median gross rent much lower than Zillow ZORI?

The measures observe different universes. ACS reports a five-year survey estimate for occupied renter homes and includes selected utilities, while ZORI tracks typical observed asking rent across rental types. The 50.65% gap is real arithmetic, but it cannot be assigned entirely to market change or any single cause.

Are the bedroom estimates observed rents for units in the ZIP?

No. They are modelled estimates that scale the blended ZIP ZORI using the local HUD bedroom ladder. HUD’s values are administrative standards rather than asking rents. The estimates are useful for consistent size scenarios, but measured listing rent, fees, concessions, property type and utilities remain necessary.

What do the income, burden and vacancy figures say about a specific unit?

They provide screening context only. The required-income figure is arithmetic based on the 30% threshold, not advice or an applicant qualification rule. Surveyed burden does not identify a particular household, and total vacancy includes multiple classifications. A unit’s availability, effective price and household fit require current property and applicant information.