
Cheap Apartments for Rent in Waterboro, ME from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterboro.


Linden Apartments

Saco Island

Riverview Falls Apartments

Colindale Estates
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Sullivan School Apartments

162 Narragansett St

397 Alfred Rd

34 Birch St

McDuffee Brook Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Waterboro, ME Local Guide

How much does it cost to rent an apartment in Waterboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterboro Studio Apartments | $1,938 | $1,750 | $2,150 |
| Waterboro 1 Bedroom Apartments | $2,199 | $765 | $2,604 |
| Waterboro 2 Bedroom Apartments | $2,379 | $825 | $3,000 |
| Waterboro 3 Bedroom Apartments | $2,683 | $2,150 | $3,400 |
| Waterboro 4 Bedroom Apartments | $3,195 | $3,195 | $3,195 |
Browse Top Apartments in Waterboro
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Waterboro, ME Local Guide
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Cheapest Available Waterboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterboro, ME is a 2 Beds unit found at Saco Island priced from $1,080. Riverview Falls Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Waterboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saco Island | 2 Bedroom | 2BR,1BA | $1,080 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,095 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,680 |
Best Value Apartments for Rent in Waterboro, ME and Nearby
As of February 18, 2026 the best value apartment in the Waterboro area is the $1.58 price per square foot 3BR2.5BA Model at Highfield Townhome Available for Rent! in the in the South Rochester neighborhood starting from $2,650. The second greatest value Waterboro apartment is the 38 Patriots Ln #3804 Model at Sanford Pointe starting at $1,700 with a $1.42 price per square foot . Here is today’s list of the best values for Waterboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highfield Townhome Available for Rent! | 3BR2.5BA | 3BR,2.5BA | $1.58 |
| Sanford Pointe | 38 Patriots Ln #3804 | 2BR,1BA | $1.42 |
| Liberty Commons | THE EISENHOWER | 2BR,2BA | $2.32 |
| Saco Woods | #25 | 2BR,1.5BA | $1.64 |
| The Residences at Spaulding Place, Large 2 bed 1 bath modern apartment with W/D Hook ups. | 2 Bedroom End Unit with Balcony | 2BR,1BA | $1.95 |
| Lafayette St Rochester NH | 5 Lafayette Street | 3BR,1BA | $2.65 |
| The Reserve at Windham | The Sebago | 2BR,1BA | $2.36 |
| The Howard | 2 Bed/2 Bath B1 | 2BR,2BA | $2.42 |
| The Thomas Apartments | One Bedroom plus Den | 1BR,1BA | $2.47 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.39 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Waterboro, ME
Waterboro Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterboro, ME Rentals by Map
See the most popular apartments and homes in Waterboro, ME
Frequently Asked Questions about Cheap Waterboro Apartments
What is the Cheapest Studio apartment in Waterboro?
Currently the most affordable Cheap Studio Apartment in Waterboro is at Clark Brook Apartments listed at $1,750.
How much is rent for a Cheap One Bedroom Waterboro Apartment?
The lowest price for a Cheap One Bedroom Waterboro Apartment is $1,095 at Riverview Falls Apartments.
What is the lowest price for a Cheap Two Bedroom Waterboro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterboro is starting from $1,080 at Saco Island.
What is the most affordable Waterboro Three Bedroom Apartment?
The best deal on a cheap Waterboro Three Bedroom Apartment rental is at Redbank Village and starts from $2,350.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.