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Updated 5+ Days Ago

Location

88 Elm St, Waterville, ME 04901, USA
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Contact

Management

Spectrum Property Management

Leasing office

(207) 360-4283

Property Overview

88 Elm St offers strong value overall, with a high Zumper expert rating of 8.3/10, excellent price value, and a solid amenities and location score. It is professionally managed and stands out for its top-tier value for money, with convenient access to nearby schools and local points of interest.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 88 Elm St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 88 Elm St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Floor plans

88 Elm St1 bed1 bath$900 /mo1 unit available

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Amenities for 88 Elm St

Grounds

Assigned Parking
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

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 88 Elm St

HomeApartments in Waterville 88 Elm St

SCHEDULE A SHOWING ONLINE AT: showmojo. com lz 12a11c0088 ---- For Rent – 88 Elm Street, Unit 2 Recently remodeled first-floor apartment available now! This 1-bedroom, 1-bath unit combines modern updates with comfortable living. Features: 1 bedroom, 1 bathroom Fully remodeled interior Hot water included in rent Tenant responsible for heat (natural gas) and electricity 2 dedicated off-street parking spaces Rent: $900/month Security Deposit: $1,000 Located in a convenient neighborhood, this bright and updated unit is ready for immediate move-in.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 88 Elm St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 88 Elm St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 88 Elm St
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
88 Elm St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 88 Elm St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
88 Elm St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 88 Elm St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
88 Elm St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 88 Elm St compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

No central heat
Fewer climate control options

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Rent trends in Waterville

1-bedroom apartments at 88 Elm St cost about 12% less than the average rent price for 1-bedroom apartments in Waterville.

Median rents as of Aug 22 2026.
Waterville
A table of studio rental data trends in Waterville
MonthMedian Rent
January 2026$1,600
February 2026$1,600
April 2026$800
May 2026$800
July 2026$987
August 2026$1,044

Affordability calculator

Can I afford to live at 88 Elm St?

Bedrooms

1 bedroom

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

$36,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 1-bedroom monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.

Schools near 88 Elm St

Albert S. Hall School

27 pleasant st

waterville, ME, 4901

4-5Public
C

George J. Mitchell School

58 drummond ave

waterville, ME, 4901

PK, K-3Public
C+
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Internet available near 88 Elm St

Getting around Waterville near 88 Elm St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 88 Elm St, Waterville

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

4/10
Variety of cafés within a short drive

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Nightlife

9/10
Wide variety of bars within a few minutes' walk

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