Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Hardwood flooring
  • Vinyl flooring
  • Open concept floor plan
  • One off-street parking spot
  • Pet-friendly
  • Large eat-in kitchen

Location

131 College Ave #5, Waterville, ME 04901, USA

Tour 131 College Ave #5

Contact

MREM Leasing

Maine Real Estate Management, LLC

(207) 962-2626

Property Overview

Featuring hardwood and vinyl flooring, the property offers an inviting open concept floor plan and a spacious eat-in kitchen. It includes one off-street parking spot and is pet-friendly, providing added convenience and comfort. Ideal for individuals seeking a blend of modern living and functionality.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Elementary school nearby
  • Images available

Great for

  • Pet owners

Amenities for 131 College Ave #5

Apartment Amenities

Gas IncludedHardwood Floor
Water & Sewer Included

Appliances

In-Unit LaundryRefrigerator

Building

Cats OKDogs OK
Onsite Laundry

Other

Dogs OK Up to 25 Pounds
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 131 College Ave #5

HomeApartments in Waterville 131 College Ave #5, Waterville, ME 04901, USA

Spacious 2Bed-1Bath Apartment in Waterville! Available Now! - Large open concept floor plan with eat in kitchen! - Many updates with the apartment while keeping classic style throughout. - Close to Downtown Waterville and a short drive to shopping and all other amenities! - Close to Colby and Thomas College! $1,250/Month. 6 Month Lease with the option to renew for 12 months. Tenants are responsible for electric. Heat, water, hot water and sewer are included. Non-smoking unit. Cats and dogs are considered with applicable pet fee. 1-2 off-street parking spots. First month's rent and equal security deposit is due at occupancy. Free Electronic Payment or Cash Card Required for Monthly Rent Payment. Income Guidelines: Ideal income level of a potential tenant is a minimum of three times the amount of rent. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum guidelines. Application Fee Does Apply. Contact For Lease Details Garbage included Sewage included Coin Op Floor Level: 3rd Or Higher Hardwood Flooring One Off Street Parking Spot Pet Friendly Range Oven Vinyl Flooring


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 131 College Ave, Waterville, ME 04901, USA compares to other nearby properties.

Positives

More space
The 2-bedroom is 160 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

Address details

Zip code04901
TypeApartment for rent

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Rent trends in Waterville

2-bedroom apartments at 131 College Ave #5 cost about the same as the average rent price for 2-bedroom apartments in Waterville.

Median rents as of Dec 27 2025.
Waterville
A table of 2-bedroom apartment rental data trends in Waterville
MonthMedian Rent
January 2024$1,300
February 2024$1,406
March 2024$1,344
April 2024$1,303
May 2024$1,380
June 2024$1,230
July 2024$1,250
August 2024$1,390
September 2024$1,368
October 2024$1,318
November 2024$1,275
December 2024$1,362
January 2025$1,381
February 2025$1,328
March 2025$1,260
April 2025$1,403
May 2025$1,300
June 2025$1,274
July 2025$1,289
August 2025$1,317
September 2025$1,297
October 2025$1,285
November 2025$1,250
December 2025$1,263

Affordability calculator

Can I afford to live at 131 College Ave #5?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 131 College Ave, Waterville, ME.
4 months ago$1,2301 bed1 bath
1 year ago$1,3502 bed1 bath
1 year ago$1,3502 bed1 bath

Schools near 131 College Ave #5

George J. Mitchell School

58 drummond ave

waterville, ME, 4901

PK, K-3Public
C+

Albert S. Hall School

27 pleasant st

waterville, ME, 4901

4-5Public
C
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Internet available near 131 College Ave #5

Getting around Waterville near 131 College Ave #5

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 131 College Ave #5, Waterville

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

Other units at this address

131 College Ave Waterville, ME

Occupied

4

Our team has verified this company

2 Beds

1 Bath

$1,275

Listed by MREM Leasing
Days on market: 632
Available Now - Spacious 2BR/1BA Second Floor Apartment in Waterville! - Private Entry w/Covered Porch. - Updated Flooring and Large Rooms. - Coin-Op Laundry On-Site. $1,275/month. Heat, Water, and Sewer, Trash, Lawn Care and Plowing Included. 12-Month Lease. Off-Street Parking. Pet Negotiable. Non Smoking. Income Guidelines: Ideal income level of a potential tenant is a minimum of 3 times the amount of rent. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines. Garbage included Sewage included Coin Op Floor Level: 2nd Floor Unit Laminate Flooring On Street Parking One Off Street Parking Spot Pet Friendly Private Entrance Range Oven Vinyl Flooring

Occupied

2

Our team has verified this company

2 Beds

1 Bath

$1,350

Listed by MREM Leasing
Days on market: 640
Available Now - Spacious 2BR/1BA First Floor Apartment in Waterville! - Private Entry w/Covered Porch. - Updated Flooring and Large Rooms. - Coin-Op Laundry On-Site. $1,350/month. Heat, Water, and Sewer, Trash, Lawn Care and Plowing Included. 12-Month Lease. Off-Street Parking. Pet Negotiable. Non Smoking. Income Guidelines: Ideal income level of a potential tenant is a minimum of 3 times the amount of rent. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines. Garbage included Sewage included Carpet Coin Op Floor Level: 1st Floor Unit Laminate Flooring On Street Parking One Off Street Parking Spot Pet Friendly Private Entrance Range Oven Tile Vinyl Flooring

Occupied

1

1 Bed

1 Bath

$1,230

Listed by MREM Leasing
Days on market: 130
Spacious 1 Bedroom - 1 Bathroom Apartment in Waterville! Available Now! - Large Eat-In Kitchen with Plenty of Cabinet Space - Walking Distance to Downtown Waterville! - On-Site Coin-Op Laundry Machines! - Large Living Room with Lots of Natural Light Coming through the windows! $1,230/Month. 9 Month Lease with the option to renew for 12 Months. Cat and Dog considered with monthly fee. Non-Smoking Unit. Tenants are responsible for electric and hot water. Water, sewer, heat and garbage is included. First month's rent and equal security deposit due at occupancy. One off-street parking spot. First Month's Rent and Equal Security Deposit due at Occupancy. Free Electronic Payment or Cash Card is Required for Monthly Rent Payment. Income Guidelines: Ideal income level of a potential tenant is a minimum of 3 times the amount of rent. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines. Application Fee Applies. 9 months Garbage included Sewage included Coin Op Floor Level: 1st Floor Unit Laminate Flooring One Off Street Parking Spot Pet Friendly Range Oven Vinyl Flooring

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