Cheap Apartments for Rent in Waterford, ME from $800 (15 Rentals)

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

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.

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.

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Bayview Court
Studio to 1 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included
property at 155 Town Hall Rd

155 Town Hall Rd

BartlettNH03845
property at 18 Sandtrap Loop

18 Sandtrap Loop

BartlettNH03838

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 217 Bailey Rd

217 Bailey Rd

EffinghamNH03882

Waterford, ME Local Guide

Cheapest Available Waterford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterford, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. 162 Narragansett St has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
162 Narragansett StStudioStudio,1BA$1,450
Terrace Pond2 Bed 1 Bath2BR,1BA$1,700
Mount Auburn ApartmentsOne Bedroom-AA1BR,1BA$1,708
Birchlane#13BR,1BA$1,800

Best Value Apartments for Rent in Waterford, ME and Nearby

As of June 21, 2025 the best value apartment in the Waterford area is the $2.67 price per square foot #21 Model at Birchlane in the in the North Deering neighborhood starting from $3,200. The second greatest value Waterford apartment is the 2 Bedroom 1 Bath Cumberland Model at Cumberland Foreside Village Apartments starting at $2,395 with a $2.53 price per square foot . Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchlane#213BR,2BA$2.67
Cumberland Foreside Village Apartments2 Bedroom 1 Bath Cumberland2BR,1BA$2.53
Island ViewIsland View ADA1BR,1BA$2.21
Mount Auburn ApartmentsTwo Bedroom-D2BR,2BA$2.46
Liberty CommonsTHE KENNEDY1BR,1BA$2.97
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.43
Terrace Pond2 Bed 1 Bath2BR,1BA$2.13
Brunswick Station Apartments16 Nobel Street1BR,1BA$2.48
Blue Spruce Farm Apartments1 Bedroom 1 Bath BSF1BR,1BA$2.70
95-99 Maine Ave1 Bed/ 1 Bath1BR,1BA$1.14

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterford, ME Rentals by Map

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Getting Around Waterford, ME

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Waterford Apartments

What is the Cheapest Studio apartment in Waterford?

Currently the most affordable Cheap Studio Apartment in Waterford is at 162 Narragansett St listed at $1,450.

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

The lowest price for a Cheap One Bedroom Waterford Apartment is $800 at 95-99 Maine Ave.

What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $800 at 95-99 Maine Ave.

What is the most affordable Waterford Three Bedroom Apartment?

The best deal on a cheap Waterford Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $925.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.