Cheap Apartments for Rent near Waterville, VT from $850 (35 Rentals)

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

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.

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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.

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46 School Street
Studio to 2 Bedroom Apartments

46 School Street

46 School StreetJohnson, VT 05656
  • Utilities Included

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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property at 105 S Union St

$1,730 - $5,020

1 To 4 Bedroom Rentals

Available Jun 1, 2027

105 S Union St

BurlingtonVT05401

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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Hillview Off Campus Housing
Studio to 1 Bedroom Apartments

Hillview Off Campus Housing

85 E Spring StWinooski, VT 05404
Student Housing
  • Utilities Included
  • Smoke Free
Showing Results 1-35, Page 1 of 1

Waterville, VT Local Guide

Cheapest Available Waterville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterville, VT is a 2 Beds unit found at Cedar Hill Townhouses priced from $1,295. Keen's Crossing in the Centennial neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Hill Townhouses2-Bedroom2BR,1BA$1,295
Keen's CrossingCedar2BR,2BA$1,400
30 City Hall PlOne Bedroom1BR,1BA$1,475
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
103-105 Puckerbrush East RdNo Availability1BR,$1,500
Schoolhouse Apartments at 17 Park StreetStudioStudio,1BA$1,600
Winooski BlockWinooski Block | 1 Bed with den (33 East Alle1BR,1BA$1,600
11 Park Street ApartmentsStudioStudio,1BA$1,600
5 Corners1 bed 1 bath1BR,1BA$1,650
Riverside In the Village1 Bedroom with coin opp laundry1BR,1BA$1,650

Best Value Apartments for Rent in Waterville, VT and Nearby

As of August 26, 2026 the best value apartment in the Waterville area is the $1.87 price per square foot 2BR/1.5BA Model at Fenimore Townhouses in the starting from $2,200. The second greatest value Waterville apartment is the 2BR/2.0BA Model at Village at Autumn Pond starting at $2,525 with a $2.24 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.
Fenimore Townhouses2BR/1.5BA2BR,1.5BA$1.87
Village at Autumn Pond2BR/2.0BA2BR,2BA$2.24
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
110 Sunset DrNo Availibility2BR,1.5BA$1.93
5 Corners2 Bed 2 Bath2BR,2BA$2.13
Falcon Manor Senior Housing2 bed 1 bath2BR,1BA$2.05
Mansfield ApartmentsOne Bedroom One Bath1BR,1BA$2.24
Cedar Hill Townhouses2-Bedroom2BR,1BA$1.64
Millhouse WestWest 2 Bedroom2BR,1BA$2.32
30 City Hall PlOne Bedroom1BR,1BA$2.11

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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Quick 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.

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

Explore Waterville, VT Rentals by Map

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See the most popular apartments and homes in Waterville, VT

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Frequently Asked Questions about Cheap Waterville Apartments

What is the Cheapest Studio apartment in Waterville?

Currently the most affordable Cheap Studio Apartment in Waterville is at Quarry Hill Club & Condominiums listed at $1,495.

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

The lowest price for a Cheap One Bedroom Waterville Apartment is $1,475 at 30 City Hall Pl.

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 $1,295 at Cedar Hill Townhouses.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.