
Cheap Homes for Rent in Waterboro, ME from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Waterboro.


38 Graham St

34 Birch St
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.

37 Cottage St

67 E Grand Ave

28 Bacon St
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 a home in Waterboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterboro 2 Bedroom Homes for Rent | $2,062 | $1,675 | $2,550 |
| Waterboro 3 Bedroom Homes for Rent | $2,800 | $2,050 | $4,500 |
| Waterboro 4 Bedroom Homes for Rent | $2,410 | $2,000 | $2,730 |
| Waterboro 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent 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 1 Bed unit found at Colindale Estates priced from $1,000. Saco Island has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,080. Here is today’s list of the most affordable Waterboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colindale Estates | 30 Washington Ave #7 | 1BR,1BA | $1,000 |
| Saco Island | 2 Bedroom | 2BR,1BA | $1,080 |
| Sullivan School Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Waterboro, ME and Nearby
As of December 29, 2025 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 2 Beds, 1 bath Model at Cummings Mill starting at $1,800 with a $1.56 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 Townhome Available for Rent! | 3BR2.5BA | 3BR,2.5BA | $1.58 |
| Cummings Mill | 2 Beds, 1 bath | 2BR,1BA | $1.56 |
| Saco Woods | 2 Bedroom Townhouse | 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 |
| Goodall Place | 2 Bedroom | 2BR,1BA | $2.11 |
| Liberty Commons | THE KENNEDY | 1BR,1BA | $2.31 |
| Colindale Estates | 1038 Portland Rd #7 | 2BR,1BA | $1.88 |
| Sanford Pointe | 132 Airport Rd #1 | 2BR,1BA | $1.75 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.39 |
| McDuffee Brook Apartments | 2 Bedroom | 2BR,1BA | $2.00 |
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!
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Frequently Asked Questions about Waterboro
What type of rentals are currently available in Waterboro?
There are currently 60 Apartments for Rent in Waterboro, ME with pricing that ranges from $765 to $4,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterboro ranging from $450 to $18,000.
What is the current price range for Rental Homes in Waterboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterboro ranges from $450 to $18,000 with an average monthly rent of $4,642.
How much are larger Three and Four Bedroom Rentals in Waterboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterboro range from $1,200 to $3,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,050 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,195.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!