
Cheap Homes for Rent in Waterville, ME from $1,000 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Waterville.


276 Main St

172 College Ave

30 Park Dr

33 Howard St
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.

3 Deeb St

1582 Hill Rd

1 Greeley St

73 Kennedy Memorial Dr

3 Carey Ln
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.

48 Clinton Ave

8 LaSalle St

13 Center St

4 Iron Mine Hill MHP

1 Jefferson 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.
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 | $1,462 | $1,050 | $2,150 |
| Waterville 3 Bedroom Homes for Rent | $2,090 | $1,150 | $3,200 |
| Waterville 4 Bedroom Homes for Rent | $3,380 | $1,500 | $7,800 |
| Waterville 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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
 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 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| 16 Sherwin Street | 2 Bedroom | 2BR,1BA | $1,275 |
| Lombard Estate | 1 Bedroom | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Waterville, ME
As of March 13, 2026 the best value apartment in the Waterville area is the $1.52 price per square foot 4 Queens Way Model at 4 Queens Way, Unit # 1 in the starting from $1,900. The second greatest value Waterville apartment is the 3 S Garand St Model at 3 S Garand St, Unit 2 starting at $1,500 with a $1.36 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. |
|---|---|---|---|
| 4 Queens Way, Unit # 1 | 4 Queens Way | 3BR,1BA | $1.52 |
| 3 S Garand St, Unit 2 | 3 S Garand St | 2BR,1BA | $1.36 |
| 5 Pleasant St, Unit 3 | 5 Pleasant St | 2BR,1BA | $1.40 |
| 50 Silver St, Unit 52-2 | 50 Silver St | 1BR,1BA | $1.00 |
| 14 Elm St, Unit 1 | 14 Elm St | 3BR,1BA | $1.44 |
| 14 Percival Ct, Unit 2 | 14 Percival Ct | 2BR,1BA | $1.34 |
| 48 Clinton Ave, Unit #3 | 48 Clinton Ave | 2BR,1BA | $1.44 |
| 94 Western Ave, Unit 2 | 94 Western Ave | 2BR,1BA | $1.88 |
| Lombard Estate | 1 Bedroom | 1BR,1BA | $1.73 |
| 47 Clinton Ave, Unit #1 | 47 Clinton Ave | Studio ,1BA | $1.71 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Waterville, ME
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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 $1,900. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterville ranging from $1,050 to $7,800.
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 $1,050 to $7,800 with an average monthly rent of $1,972.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.