Airbnb Market Analytics, Statistics and Data in Bangor, Maine, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Bangor? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Bangor:
How much do Airbnb hosts make on average per month in Bangor?
The short-term rental market in Bangor shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $3,657 per month
- Strong performing properties (top 25%) make $5,204 or more
- Best-in-class properties (top 10%) achieve $5,974+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,770
Revenue Variations by Month
Occupancy Rates Throughout the Year in Bangor
The market in Bangor shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 52% occupancy rates
- Strong performing properties (top 25%) achieve 70% or higher
- Best-in-class properties (top 10%) reach 83%+occupancy
- Entry-level properties (bottom 25%) average around 31%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Bangor
Daily rates in Bangor vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $166 per night
- Strong performing properties (top 25%) secure $217 or more
- Best-in-class properties (top 10%) pull in $272+ per night
- Entry-level properties (bottom 25%) earn around $101
Daily Rate Variations by Month
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Seasonality patterns in Bangor
Peak Season (June, May, August)
- Revenue peaks at $5226.68 per month
- Occupancy rates reach 69.86%
- Daily rates average $190.08
Shoulder Season
- Revenue averages $3696.73 per month
- Occupancy maintains 50.91%
- Daily rates hold at $171.58
Low Season (November, December, January)
- Revenue drops to $1544.80 per month
- Occupancy decreases to 34.93%
- Daily rates adjust to $148.35
Is it still profitable to do Airbnb in Bangor in 2025?
Yes! Bangor demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 51% and strong monthly revenue averaging $3697 and The market's 124 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Bangor
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Bangor | The heart of Bangor with a vibrant arts scene, restaurants, and shopping options. It's a great place for tourists looking to explore local culture and enjoy events year-round. | Penobscot Theatre Company, Bangor Waterfront, University of Maine Museum of Art, Stephen King's House, Bangor Breweries |
| West Market Square | A charming area filled with shops, cafes, and local businesses. It's lively and attracts both locals and visitors, making it a desirable spot for short-term rentals. | West Market Square, Bangor Public Library, Downtown Bangor Shopping, City Park, The Bangor Arts Exchange |
| Eastern Maine Medical Center | Proximity to the hospital and medical facilities makes this area ideal for traveling medical professionals and families visiting patients, ensuring a steady demand. | Eastern Maine Medical Center, Nearby parks, Restaurants and cafes, Local shops |
| The Waterfront | This area along the Penobscot River offers stunning views and activities like kayaking and picnicking. It's popular during the summer and ideal for lake-lovers. | Bangor Waterfront, Parks and recreational areas, Concerts and festivals, Waterfront activities |
| Hampden | A nearby suburban area that is family-friendly and provides a peaceful stay while still being close to Bangor. It attracts families looking for a quieter escape. | Hermon Pond, Local parks, Hampden schools, Family-friendly restaurants |
| Orono | Home to the University of Maine, this town attracts students, faculty, and sports fans. There’s year-round demand for rentals, especially during the school year. | University of Maine, Orono Village, Local trails, St. John’s Episcopal Church |
| Old Town | Rich in history and local stories, it’s a quieter area with access to the river and nature trails, appealing to nature lovers and those seeking a retreat. | Old Town Historical Society, Pushaw Lake, Local trails, Wildlife viewing |
| Brewer | Just across the river from Bangor, Brewer offers a nice mix of residential and commercial, making it appealing for those who want easy access to Bangor but prefer a suburban feel. | Brewer Riverwalk, Local parks, Dining options, Brewer Historical Society |
Do you need a license for Airbnb in Bangor?
We recommend checking directly with Bangor's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Bangor
Your Home away from home
Entire Place • 3 bedrooms
Cozy, fun, 3 bedroom home with a pool and Hot Tub.
Entire Place • 3 bedrooms
NEW! Beautiful Modern Farmhouse
Entire Place • 3 bedrooms
Historic 3-Story Walkable to Downtown
Entire Place • 4 bedrooms
2 King Bed|Historic DTWN Hotel|Steps 2 Restaurants
Entire Place • 1 bedroom
Canal View|DTWN Bangor|Steps to great Restaurants
Entire Place • N/A
Top Performing Professional Hosts in Bangor
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| The Phenix | 37 | $2,096,416 | 3547 | 4.86/5.0 |
| Ryan | 3 | $235,457 | 394 | 4.96/5.0 |
| Lloyd | 3 | $153,796 | 246 | 4.94/5.0 |
| Christina | 3 | $121,345 | 318 | 4.90/5.0 |
| Keelan | 2 | $100,559 | 98 | 4.85/5.0 |
| Lindsae | 2 | $97,722 | 59 | 5.00/5.0 |
| Jake | 2 | $88,297 | 191 | 4.93/5.0 |
| Rori | 2 | $86,515 | 511 | 4.75/5.0 |
| Alex | 1 | $83,941 | 68 | 5.00/5.0 |
| Natalia | 2 | $64,871 | 794 | 4.78/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Bangor
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (88.7%), with apartment & condo and house properties comprising 99.2% of inventory
- Untapped potential in others segments (0.8% combined)
Room Capacity Distribution
Analysis of 124 properties in Bangor shows that 1 bedroom properties are most prevalent, making up 22.6% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 42.7% of all listings.
Key Insights
- Most common: 1 bedroom (22.6%)
- Least common: 4 bedrooms (7.3%)
- Market concentration: 42.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 124 properties in Bangor reveals that 2 guests properties dominate the market, representing 42.7% of all listings. The average property accommodates 3.3 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 62.9% of the market.
Key Insights
- Most common capacity: 2 guests (42.7% of market)
- Least common capacity: 1 guest (1.6% of market)
- Average guest capacity: 3.3 guests per property
- Market concentration: 62.9% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 124 properties in Bangor, the most common availability pattern is 91-180 days (45.2% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (42.7% of properties).
Key Insights
- Most common availability window: 91-180 days (45.2%)
- Most common booking duration: 181-270 days (42.7%)
- Properties with high availability (180+ days): 39.5%
- Properties with long-term bookings (180+ days): 61.3%
Minimum Stay Distributions
1 Night
59 listings
51.3% of total
2 Nights
17 listings
14.8% of total
3 Nights
5 listings
4.3% of total
4-6 Nights
3 listings
2.6% of total
7-29 Nights
7 listings
6.1% of total
30+ Nights
24 listings
20.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 66.1%
- Mid-length stays (4-6 nights) represent 2.6% of listings
- Monthly+ stays (20.9%) suggest a stable extended-stay market
- High market flexibility with 70.4% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
48 listings
41.4% of total
Moderate
31 listings
26.7% of total
Firm
24 listings
20.7% of total
Strict
13 listings
11.2% of total
Key Insights
- Flexible is the preferred policy at 41.4% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 68.1% of the market
- Strong market consensus around Flexible policies
- Strict policies are least common at 11.2% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 90 days
- Shortest booking windows are in Jan, Dec, Feb, averaging 34 days
- Summer shows the longest average booking window at 89 days, while Winter has the shortest at 34 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 89 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Jan-Feb when lead times are shortest
Popular Airbnb Amenities in Bangor
Every property in Bangor comes standard with TV, and Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 86.1% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (10.8%) and United Kingdom (0.6%)
- English is the top language at 79.4%, followed by Spanish (8.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.1%
Recommendations
- Target marketing campaigns for New York and Boston markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Bangor. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Manchester | 10 | $5,798 | $389.75 | 48% |
| Trenton | 79 | $5,226 | $421.15 | 58% |
| Bar Harbor | 446 | $4,708 | $381.92 | 59% |
| Tremont | 144 | $4,448 | $358.61 | 58% |
| Southwest Harbor | 225 | $4,267 | $371.16 | 57% |
| Mount Desert | 185 | $4,056 | $370.00 | 51% |
| Wakefield | 56 | $3,916 | $338.21 | 44% |
| Dedham | 37 | $3,774 | $344.28 | 50% |
| Taunton & Raynham Academy Grant | 12 | $3,744 | $236.09 | 52% |
| Lamoine | 89 | $3,576 | $288.79 | 56% |
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