
Cheap Apartments for Rent in Waterboro, ME from $700 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterboro.


Saco Island

Riverview Falls Apartments

Cummings Mill

Sanford Pointe

100 Main St

Nasson in the Pines | Fobes Hall

Clark Brook Apartments

Lofts on the Levee

The Eddy
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.

The Lofts @ 225

The Thomas Apartments

Cascade Falls Apartments

Cloverleaf Apartments

Foxcroft Apartments, LLC

The Edge at Berwick

North Village Apartments

The Residences at Spaulding Place, Large 2 bed 1 bath modern apartment with W/D Hook ups.

Gonic Estates at Brook Farm Village

Riverdam
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.

Redbank Village

Apartments at Blue Spruce Farm

The Howard

Hayloft Apartments

Cumberland Woods Apartments

Hackamore North Apartments

Linden Apartments

Colindale Estates

Sullivan School Apartments

162 Narragansett St
Cash 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.

McDuffee Brook Apartments

416 Main St

28 Chestnut St

The Eleven

Woodbridge

Saco Woods

The Edge at Berwick - 8 Main Street

37 Cottage St

Goodall Place

6 Smith Ct
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.

126 Sullivan St

The Plains

997 NH-11

Coach Lantern Apartments, LLC

38 Indian Brook Cir

210 Beach St

5 Birch Ln

14 Depot St

8 Normand Ct

2 Cardinal Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,969 | $1,700 | $2,245 |
| Waterboro 1 Bedroom Apartments | $2,250 | $890 | $2,692 |
| Waterboro 2 Bedroom Apartments | $2,561 | $1,080 | $3,557 |
| Waterboro 3 Bedroom Apartments | $2,954 | $2,350 | $3,485 |
Browse Top Apartments in Waterboro
See all Apartments in WaterboroExplore Waterboro
Waterboro, ME Local Guide
- Nearby Cities
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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 |
| Cummings Mill | 1 Bedroom | 1BR,1BA | $1,450 |
| Sanford Pointe | 38 Patriots Ln #3809 | 2BR,1BA | $1,700 |
| 100 Main St | 100 Main St #407 | Studio,1BA | $1,700 |
| Nasson in the Pines | Fobes Hall | 1BR/1.0BA | 1BR,1BA | $1,750 |
| The Eddy | Studio | Treeline View | Studio,1BA | $1,795 |
| Cloverleaf Apartments | Studio | Studio,1BA | $1,900 |
| Foxcroft Apartments, LLC | Fennec | 2BR,1BA | $1,900 |
| The Edge at Berwick | 1 Bed 1 Bath | 1BR,1BA | $1,925 |
Best Value Apartments for Rent in Waterboro, ME and Nearby
As of May 24, 2026 the best value apartment in the Waterboro area is the $1.72 price per square foot 3BR2.5BA Model at Highfield Commons in the in the South Rochester neighborhood starting from $2,886. The second greatest value Waterboro apartment is the Two-Floor Over Garden Model at Paul's Place starting at $2,750 with a $2.12 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highfield Commons | 3BR2.5BA | 3BR,2.5BA | $1.72 |
| Paul's Place | Two-Floor Over Garden | 3BR,2BA | $2.12 |
| Sanford Pointe | 38 Patriots Ln #3804 | 2BR,1BA | $1.42 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| The Howard | 2 Bed/2 Bath B1 | 2BR,2BA | $2.42 |
| The Thomas Apartments | One Bedroom plus Den | 1BR,1BA | $2.47 |
| Riverdam | 24 Pearl St. Apt 201 | 1BR,1BA | $2.51 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.39 |
| Clark Brook Apartments | 1 BDR | 1BR,1BA | $2.59 |
| Cummings Mill | 1 Bedroom | 1BR,1BA | $2.06 |
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 ArticleReal 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.
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 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 $1,095 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 $2,485.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.