Cheap Apartments for Rent in Waterford, ME from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.

Princeton Pines

2820 E Conway Rd

Rumery Lofts
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.

162 Narragansett St

Princeton on Back Cove

25 Maine Ave

15 Eco Way

24 Union St

195 Holland St
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.

24 Reginald Ln

155 Town Hall Rd

18 Sandtrap Loop
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.

217 Bailey Rd
Waterford, ME Local Guide

How much does it cost to rent an apartment in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford Studio Apartments | $1,869 | $1,174 | $3,580 |
Waterford 1 Bedroom Apartments | $2,250 | $800 | $4,000 |
Waterford 2 Bedroom Apartments | $2,532 | $800 | $5,580 |
Waterford 3 Bedroom Apartments | $2,140 | $925 | $4,400 |
Waterford 4 Bedroom Apartments | $1,890 | $1,500 | $2,836 |
Browse Top Apartments in Waterford
See all Apartments in WaterfordExplore Waterford
Waterford, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $800 |
162 Narragansett St | Studio | Studio,1BA | $1,450 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,700 |
Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,708 |
Birchlane | #1 | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Birchlane | #21 | 3BR,2BA | $2.67 |
Cumberland Foreside Village Apartments | 2 Bedroom 1 Bath Cumberland | 2BR,1BA | $2.53 |
Island View | Island View ADA | 1BR,1BA | $2.21 |
Mount Auburn Apartments | Two Bedroom-D | 2BR,2BA | $2.46 |
Liberty Commons | THE KENNEDY | 1BR,1BA | $2.97 |
Kittyhawk Apartments II | 1 Bedroom | 1BR,1BA | $2.43 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
Brunswick Station Apartments | 16 Nobel Street | 1BR,1BA | $2.48 |
Blue Spruce Farm Apartments | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.70 |
95-99 Maine Ave | 1 Bed/ 1 Bath | 1BR,1BA | $1.14 |
Quick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterford, ME Rentals by Map
See the most popular apartments and homes in Waterford, ME
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.