Cheap Apartments for Rent in Waterboro, ME from $885 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waterboro.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Linden Apartments
1 to 2 Bedroom Apartments

Linden Apartments

6 Linden AveSanford, ME 04073
Senior Living
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Colindale Estates
1 to 3 Bedroom Apartments

Colindale Estates

53 Smithwheel RdOld Orchard Beach, ME 04064
  • Utilities Included
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162 Narragansett St
Studio to 2 Bedroom Apartments

162 Narragansett St

162 Narragansett StGorham, ME 04038
Corporate Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 10 Friend St

$1,700

1 Bedroom Rentals

Available Now

10 Friend St

KennebunkME04043
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Saco Woods
2 to 3 Bedroom Apartments

Saco Woods

20 Garfield StSaco, ME 04072
  • Utilities Included
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Woodbridge
2 Bedroom Apartments

Woodbridge

125 Portland AveOld Orchard Beach, ME 04064
  • Utilities Included
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Goodall Place
2 Bedroom Apartments

Goodall Place

933 Main StSanford, ME 04073
Corporate Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-32, Page 1 of 1

Waterboro, ME Local Guide

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 in the York County neighborhood priced from $1,070. Riverview Falls Apartments in the York County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,310. Here is today’s list of the most affordable Waterboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saco Island2 Bedroom2BR,1BA$1,070
Riverview Falls ApartmentsTownhouse2BR,1BA$1,310
McDuffee Brook Apartments2 Bedroom2BR,1BA$1,600
Cummings Mill1 Bedroom1BR,1BA$1,650
Nasson in the Pines | Fobes Hall1BR/1.0BA1BR,1BA$1,650
Sanford Pointe38 Patriots Ln #38092BR,1BA$1,700
100 Main St100 Main St #407Studio,1BA$1,700
Redbank VillageThe Kennebunk1BR,1BA$1,735
The EddyStudio w/Nook | Treeline ViewStudio,1BA$1,795
Foxcroft Apartments, LLCFennec2BR,1BA$1,900

Best Value Apartments for Rent in Waterboro, ME and Nearby

As of August 23, 2026 the best value apartment in the Waterboro area is the $1.58 price per square foot 3BR2.5BA Model at Highfield Commons in the in the South Rochester neighborhood starting from $2,650. The second greatest value Waterboro apartment is the Jewett Plan Model at Paul's Place starting at $3,150 with a $2.03 price per square foot in the Crocketts Crossings neighborhood. Here is today’s list of the best values for Waterboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highfield Commons3BR2.5BA3BR,2.5BA$1.58
Paul's PlaceJewett Plan3BR,2.5BA$2.03
Sanford Pointe38 Patriots Ln #38042BR,1BA$1.42
Riverview Falls ApartmentsTownhouse2BR,1BA$1.26
The Residences at Spaulding Place2 Bedroom End Unit with Balcony2BR,1BA$2.00
Foxcroft Apartments, LLCSwift2BR,1.5BA$2.05
Island View2 Bedroom Island View2BR,1BA$2.53
The Thomas ApartmentsOne Bedroom1BR,1BA$2.46
McDuffee Brook Apartments2 Bedroom2BR,1BA$2.13
Cummings Mill1 Bedroom1BR,1BA$2.34

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Waterboro, ME

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Remember the 3 Rules of Real Estate:
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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 100 Main St listed at $1,700.

How much is rent for a Cheap One Bedroom Waterboro Apartment?

The lowest price for a Cheap One Bedroom Waterboro Apartment is $1,650 at Cummings Mill.

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 $1,070 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 $2,214.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.