Cheap Apartments for Rent in Waterville, ME from $700 (59 Rentals)

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

property at 25 Winter St

$1,150 - $1,200

1 Bedroom Rentals

Available Now

25 Winter St

WatervilleME04901

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.

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property at 77 North St

$1,200 - $1,450

1 To 2 Bedroom Rentals

Available Now

77 North St

WatervilleME04901

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.

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35-45 Redington Street
1 to 4 Bedroom Apartments

35-45 Redington Street

35-45 Redington StWaterville, ME 04901
  • Utilities Included
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10 Sherwin St
2 Bedroom Apartments

10 Sherwin St

10 Sherwin StWaterville, ME 04901
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38 Redington St
1 to 4 Bedroom Apartments

38 Redington St

38 Redington StWaterville, ME 04901
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12 Hathaway Street
1 to 2 Bedroom Apartments

12 Hathaway Street

12 Hathaway StWaterville, ME 04901
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6 Leighton Street
1 to 2 Bedroom Apartments

6 Leighton Street

6 Leighton StWaterville, ME 04901
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6-8 Union St
1 to 3 Bedroom Apartments

6-8 Union St

6-8 Union StWaterville, ME 04901
  • Utilities Included
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6-8 Oxford Street
2 to 3 Bedroom Apartments

6-8 Oxford Street

6-8 Oxford StWaterville, ME 04901
  • Utilities Included

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.

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6 Hallowell St, Unit 3
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
2 Bedroom Apartment Available Jul 15

6 Hallowell St, Unit 3

6 Hallowell StWinslow, ME 04901
Cost Per Sq.Ft.
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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.

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46 Pleasant Street
1 Bedroom Apartments

46 Pleasant Street

46 Pleasant StOakland, ME 04963
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6-12 West Pleasant St
Studio to 3 Bedroom Apartments

6-12 West Pleasant St

6-12 W Pleasant StOakland, ME 04963
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503 Benton Avenue
1 Bedroom Apartments

503 Benton Avenue

503 Benton AveBenton, ME 04901
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25 Halifax Street
2 Bedroom Apartments

25 Halifax Street

25 Halifax StWinslow, ME 04901
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1 E Vigue St
2 to 3 Bedroom Apartments

1 E Vigue St

1 E Vigue StWinslow, ME 04901
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23 Clinton Ave
1 to 3 Bedroom Apartments

23 Clinton Ave

23 Clinton AveWinslow, ME 04901

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Waterville, ME Local Guide

Cheapest Available Waterville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterville, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Appleton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$850
Appleton ApartmentsStudioStudio,1BA$1,050
40 Monument Street1 Bedroom1BR,1BA$1,150
6-8 Oxford Street2 Bedroom2BR,1BA$1,225
23 Clinton Ave1 Bedroom1BR,1BA$1,250
Lombard Estate1 Bedroom1BR,1BA$1,300
Orchard Park Apartments1 Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in Waterville, ME and Nearby

As of June 21, 2026 the best value apartment in the Waterville area is the $1.15 price per square foot 15 Winchester St Model at 15 Winchester St, Unit #1 in the starting from $1,500. The second greatest value Waterville apartment is the 77 Clinton Ave Model at 77 Clinton Ave, Unit 106 starting at $1,200 with a $1.14 price per square foot . Here is today’s list of the best values for Waterville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15 Winchester St, Unit #115 Winchester St2BR,1BA$1.15
77 Clinton Ave, Unit 10677 Clinton Ave2BR,1BA$1.14
76 Main St, Unit Charming 2-Bedroom76 Main St2BR,1BA$2.00
Lombard Estate3 Bedroom3BR,2BA$1.75
94 Western Ave, Unit 294 Western Ave2BR,1BA$1.88
Orchard Park Apartments1 Bedroom1BR,1BA$1.89
40 Monument Street1 Bedroom1BR,1BA$1.77
23 Clinton Ave1 Bedroom1BR,1BA$1.92
Appleton ApartmentsStudioStudio ,1BA$2.33
13 Pleasant Pl, Unit 313 Pleasant Pl1BR,1BA$6.10

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.

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Real 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.

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Waterville, ME

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

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Frequently Asked Questions about Cheap Waterville Apartments

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

The lowest price for a Cheap One Bedroom Waterville Apartment is $850 at Mountain View Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waterville is starting from $1,025 at Mountain View Apartments.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.