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$1,000Studio Apartments Available Jun 21
13 Kidder St, Unit 3
13 Kidder StWinslow, ME 04901
Cheap Homes for Rent in Waterville, ME from $1,200 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Waterville.
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$1,0501 Bedroom Apartments Available Now
282 Main St, Unit 8
282 Main StWaterville, ME 04901
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$1,2001 Bedroom Apartments Available Now
28 Pleasant St, Unit 4
28 Pleasant StWaterville, ME 04901
25 Maine Ave
RumfordME04276
51 Glenwood Dr
BangorME04401
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$1,2501 Bedroom Apartments Available Now
269 Main St, Unit 2
269 Main StWaterville, ME 04901
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$1,2501 Bedroom Apartments Available Jul 21
131 College Ave, Unit 1
131 College AveWaterville, ME 04901
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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$1,2752 Bedroom Apartments Available Now
3 Newhall St, Unit 2
3 Newhall StFairfield, ME 04937
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$1,2992 Bedroom Apartments Available Now
17 Boutelle Ave, Unit 7
17 Boutelle AveWaterville, ME 04901
109 Birch St
LewistonME04240
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$1,3502 Bedroom Apartments Available Now
8 Bellevue St, Unit 2
8 Bellevue StWinslow, ME 04901
117 Pierce St
LewistonME04240
1337 Hammond St
BangorME04401
26 Brooklyn Heights Rd
ThomastonME04861
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.
322 Waldo St
RumfordME04276
205 Cumberland St
RumfordME04276
48 Knox St
LewistonME04240
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$1,6002 Bedroom Apartments Available Now
68 High St, Unit B
68 High StWaterville, ME 04901
21 Humming Bird Ln
SmithfieldME04978
8 Cherry Hill Terrace
WatervilleME04901
240 Pine St
BangorME04401
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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Waterville, ME Local Guide
How much does it cost to rent a home in Waterville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterville 2 Bedroom Homes for Rent | $1,739 | $1,200 | $3,800 |
| Waterville 3 Bedroom Homes for Rent | $2,055 | $1,500 | $2,700 |
| Waterville 4 Bedroom Homes for Rent | $1,950 | $1,650 | $2,600 |
| Waterville 5 Bedroom Homes for Rent | $8,750 | $8,750 | $8,750 |
Browse Top Homes for Rent in Waterville
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Waterville, ME Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| 40 Monument Street | 1 Bedroom | 1BR,1BA | $1,150 |
| 6-8 Oxford Street | 2 Bedroom | 2BR,1BA | $1,225 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Waterville, ME and Nearby
As of June 12, 2026 the best value apartment in the Waterville area is the $1.75 price per square foot 3 Bedroom Model at Lombard Estate in the starting from $1,750. The second greatest value Waterville apartment is the 94 Western Ave Model at 94 Western Ave, Unit 2 starting at $1,500 with a $1.88 price per square foot . Here is today’s list of the best values for Waterville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| 94 Western Ave, Unit 2 | 94 Western Ave | 2BR,1BA | $1.88 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
| 40 Monument Street | 1 Bedroom | 1BR,1BA | $1.77 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
| Appleton Apartments | Studio | Studio ,1BA | $2.33 |
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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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.
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Best Local Schools in Waterville, ME
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterville, ME Rentals by Map
See the most popular apartments and homes in Waterville, ME
Frequently Asked Questions about Waterville
What type of rentals are currently available in Waterville?
There are currently 106 Apartments for Rent in Waterville, ME with pricing that ranges from $850 to $2,000. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterville ranging from $1,200 to $8,750.
What is the current price range for Rental Homes in Waterville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterville ranges from $1,200 to $8,750 with an average monthly rent of $3,198.
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 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.
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.
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.