
Cheap Homes for Rent in Waterville, ME from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Waterville.


90 Clinton Ave, Unit 3

37 Main St

60 Spring St

126 Western Ave, Unit B

13 Kidder St, Unit 3
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3 Newhall St, Unit 1

13 Kidder St, Unit 2

282 Main St, Unit 6

1592 Hill Rd

400 Friendship Rd

29 Bellevue St, Unit 4
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3 Hinckley Rd

115 Albion Rd

60 Pleasant St, Unit 2

131 College Ave, Unit 4

74 Front St

670 Benton Ave
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.

8 Bellevue St, Unit 2
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 | $1,536 | $1,150 | $2,050 |
| Waterville 3 Bedroom Homes for Rent | $2,021 | $1,100 | $2,900 |
| Waterville 4 Bedroom Homes for Rent | $1,964 | $1,500 | $2,600 |
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 July 27, 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 starting at $1,200 with a $1.20 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. |
|---|---|---|---|
| 15 Winchester St, Unit #1 | 15 Winchester St | 2BR,1BA | $1.15 |
| 77 Clinton Ave | 77 Clinton Ave | 2BR,1BA | $1.20 |
| 76 Main St, Unit Charming 2-Bedroom | 76 Main St | 2BR,1BA | $2.00 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.93 |
| 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 |
| 13 Pleasant Pl, Unit 3 | 13 Pleasant Pl | 1BR,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.
Read ArticleReal 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.
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 116 Apartments for Rent in Waterville, ME with pricing that ranges from $800 to $2,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterville ranging from $650 to $2,900.
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 $650 to $2,900 with an average monthly rent of $1,537.
How much are larger Three and Four Bedroom Rentals in Waterville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterville range from $1,300 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,750.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.