
Cheap Apartments for Rent in Waterford, ME from $800 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.


Princeton Pines

The Linden

645 Congress Apartments

Princeton on Back Cove

Tamarlane Apartments, LLC

117 Lofts

Mount Auburn Apartments

Yarmouth Pointe Apartment Homes

51 Northern Avenue Hts

Redbank Village

72 Sabattus St

25 Maine Ave

1 Progress Way

18 Weymouth Rd

117 Pierce St

105 Vale St

744 Milan Rd

7 Drummond St

5 Progress Wy

7 Howe St

205 Cumberland St

214 Sabattus St

271 Main St

19 Wood St
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 | $1,916 | $1,174 | $2,650 |
| Waterford 1 Bedroom Apartments | $2,194 | $1,264 | $3,349 |
| Waterford 2 Bedroom Apartments | $2,510 | $1,264 | $4,995 |
| Waterford 3 Bedroom Apartments | $2,767 | $1,264 | $4,500 |
| Waterford 4 Bedroom Apartments | $7,938 | $2,836 | $10,000+ |
Browse Top Apartments in Waterford
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Waterford, ME Local Guide
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Cheapest Available Waterford Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterford, ME is a Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,402. 263-265 Park St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | Studio | Studio,1BA | $1,402 |
| 263-265 Park St | 2 Bedroom 1 Bath | 2BR,1BA | $1,500 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,580 |
| 70 Church St | Units | 3BR,1BA | $1,600 |
| Yarmouth Pointe Apartment Homes | Studio | Studio,1BA | $1,630 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,650 |
| 51 Northern Avenue Hts | 2 Bedroom 1 Bath | 2BR,1BA | $1,650 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,694 |
| The Linden | One Bedroom | 1BR,1BA | $1,722 |
| Fallview at 186 Main Street | Studio | Studio,1BA | $1,725 |
Best Value Apartments for Rent in Waterford, ME and Nearby
As of November 12, 2025 the best value apartment in the Waterford area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. The second greatest value Waterford apartment is the 3 Bedroom 1 Bath Model at 326 Hancock St starting at $1,300 with a $0.93 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. |
|---|---|---|---|
| Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
| 326 Hancock St | 3 Bedroom 1 Bath | 3BR,1BA | $0.93 |
| 70 Church St | Units | 3BR,1BA | $1.14 |
| Foreside Estates | The Ellsworth | 2BR,2.5BA | $2.18 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.84 |
| 263-265 Park St | 2 Bedroom 1 Bath | 2BR,1BA | $1.50 |
| 51 Northern Avenue Hts | 2 Bedroom 1 Bath | 2BR,1BA | $1.65 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.75 |
| Back Bay Tower | 2 Bed 2 Bath | 2BR,2BA | $2.11 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.10 |
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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
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 645 Congress Apartments listed at $1,402.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $1,580 at Mount Auburn Apartments.
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 $1,500 at 263-265 Park St.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at 70 Church St and starts from $1,600.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






