Updated 5+ Days Ago
Location
88 Elm St, Waterville, ME 04901, USA
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Property Overview
88 Elm St earns a strong overall rating with standout scores for location, amenities, and value, plus a solid price-to-benefit balance. Professionally managed and positioned near top-rated elementary and middle schools, it offers convenient access and strong value for renters.
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.
Things you’ll love
Less expensive- Elementary school nearby
- Middle school nearby
Floor plans
| 88 Elm St | 1 bed | 1 bath | $800 /mo | 1 unit available |
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Amenities for 88 Elm St
Services
| On-Site Management |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 1 |
|---|
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About 88 Elm St
SCHEDULE A SHOWING ONLINE AT: showmojo. com lz ee64f6d040 ---- 88 Elm Street, Unit 8 – Waterville, ME Rent: $800/month Cozy and affordable 1-bedroom, 1-bathroom apartment conveniently located at 88 Elm Street in Waterville. This unit offers comfortable living in a convenient location close to shopping, dining, public transportation, and local amenities. Features: 1 Bedroom 1 Bathroom Hot water included Tenant pays heat and electricity Off-street parking On-site laundromat Convenient in-town location Pets may be considered with an additional pet fee Monthly Rent: $800 Security Deposit: $800 For more information or to schedule a showing, please contact Spectrum Property Management.
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.
7.7
/10
Very Good88 Elm St is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 88 Elm St is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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
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Rent trends in Waterville
1-bedroom apartments at 88 Elm St cost about 20% less than the average rent price for 1-bedroom apartments in Waterville.
Median rents as of Jul 18 2026.
Waterville
| Month | Median Rent |
|---|---|
| January 2026 | $1,600 |
| February 2026 | $1,600 |
| April 2026 | $800 |
| May 2026 | $800 |
| July 2026 | $991 |
Affordability calculator
Can I afford to live at 88 Elm St?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
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
8/10
Wide variety of bars within a few minutes' walk
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