Average Rent in Waterville, ME and Rent Price Trends

Rent trends in Waterville, ME

Average rent prices in Waterville have increased by 3% over the last month and have increased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Waterville, ME

Rent prices in Waterville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waterville is $1,350, whereas a house costs $2,100. 1-bedroom apartments in Waterville run $1,050 on average, while 2-bedroom apartments are $1,375.


Studio	$900	8%	23%
1 bedroom	$1,125	2%	27%
2 bedroom	$1,385	No Change	7%
3 bedroom	$1,712	6%	6%
4 bedroom	$2,300	2%	39%


Apartments	$1,350	3%	No Change
Condos	$1,600	No Change	-
Houses	$2,100	11%	No Change

Studio

Average rent

$900

Last 30 days

Last year

23%

1 bedroom

Average rent

$1,125

Last 30 days

Last year

27%

2 bedroom

Average rent

$1,385

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,712

Last 30 days

Last year

4 bedroom

Average rent

$2,300

Last 30 days

Last year

39%

The table above reflects average rent prices in Waterville, ME, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Waterville, ME compare to other cities?

Compare median rent prices in Waterville and Auburn by all bedroom counts and property types.

Waterville

Median rent price$1,350

31%

lower than the national median

Median rent price$1,600

18%

lower than the national median

Takeaway

The median rent for all rentals in Waterville, ME is 16% lower than the median rent in Auburn, ME.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,600

$1,550

$1,500

$1,550

$1,350

$1,522

$1,499

$1,825

$1,400

$1,925

$1,300

$1,600

Discover rentals in Waterville, ME

1d ago

Apartment for rent in Waterville

53 Water St #2A, Waterville, ME 04901

2 beds

1 bath

$1,200

Apartment for rent

Available May 25

1d ago

8.3

Very good

3 King Court

3 King Ct, Waterville, ME 04901

2 beds

1 bath

$1,200

Apartment for rent

16 west street Waterville ME - Photo 1 of 1

2d ago

8.6

Very good

16 west street Waterville ME

16 West St, Waterville, ME 04901

2 beds

1 bath

$1,275

Apartment for rent

5d+ ago

Apartment for rent in Waterville

8 Toward Street - 3

8 Toward St #3, Waterville, ME 04901

2 beds

1 bath

$1,295

Apartment for rent

Available Jun 1

5d+ ago

Apartment for rent in Waterville

17 Boutelle Ave #7, Waterville, ME 04901

2 beds

1 bath

$1,299

Apartment for rent

Available May 21

13h ago

8.8

Very good

195 Main St

195 Main St, Waterville, ME 04901

2 beds

1 bath

$1,300

Apartment for rent

2d ago

Apartment for rent in Waterville

16 Toward Street - 1

16 Toward St #1, Waterville, ME 04901

2 beds

1 bath

$1,335

Apartment for rent

Available Jun 1

3D tour

5d+ ago

Apartment for rent in Waterville

3 Summer St #3, Waterville, ME 04901

3 beds

1 bath

$1,425

$1,350

Price drop

Apartment for rent

Available Apr 9

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Frequently asked questions for Waterville, ME

Quick answers to common questions about the Waterville rental market.

How much is rent in Waterville?

The average rent in Waterville is $1,350 per month as of May 9, 2026.

Is rent up or down in Waterville?

Average rent prices in Waterville have increased by 3% over the last month and have increased by 8% since last year.

How does Waterville rent compare to the national average?

Rent in Waterville is 31% below the national average, which means renters are paying approximately $600 less per month.

What salary do I need to afford rent in Waterville?

To comfortably afford rent in Waterville, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Waterville?

Waterville's 2025 rental market shows one-bedroom apartments averaging around $1,100 per month, while two-bedroom units average around $1,300 monthly. These figures represent the current market rates across the city's rental inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).