Average Rent in Waterville, ME and Rent Price Trends

Rent trends in Waterville, ME

Average rent prices in Waterville have decreased by 3% over the last month and have increased by 2% 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 $1,262, whereas a house costs $2,250. 1-bedroom apartments in Waterville run $1,050 on average, while 2-bedroom apartments are $1,300.


Studio	$875	53%	-
1 bedroom	$1,050	1%	2%
2 bedroom	$1,300	1%	5%
3 bedroom	$1,528	6%	10%
4 bedroom	$2,475	No Change	2%


Apartments	$1,262	3%	No Change
Condos	$1,675	8%	-
Houses	$2,250	4%	No Change

Studio

Average rent

$875

Last 30 days

53%

1 bedroom

Average rent

$1,050

Last 30 days

Last year

2 bedroom

Average rent

$1,300

Last 30 days

Last year

3 bedroom

Average rent

$1,528

Last 30 days

Last year

10%

4 bedroom

Average rent

$2,475

Last 30 days

No Change

Last year

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$1,275

33%

lower than the national median

Median rent price$1,800

lower than the national median

Takeaway

The median rent for all rentals in Waterville, ME is 29% lower than the median rent in Auburn, ME.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,800

$1,500

$1,495

$1,195

$1,500

$1,437

$1,499

$1,395

$1,325

$2,259

$1,337

$1,375

Discover rentals in Waterville, ME

4d ago

Very good

129 College Ave

129 College Ave, Waterville, ME 04901

2 beds

1 bath

$995

5d+ ago

Apartment for rent in Waterville

42 Summer St #2, Waterville, ME 04901

2 beds

1 bath

$1,100

5d+ ago

Very good

65 KMD

65 Kennedy Memorial Dr, Waterville, ME 04901

3 beds

1 bath

$1,195

4d ago

8.5

Very good

3 King Court

3 King Ct, Waterville, ME 04901

2 beds

1 bath

$1,200

5d+ ago

Apartment for rent in Waterville

2 beds

1 bath

$1,200

5d+ ago

Apartment for rent in Waterville

2 beds

1 bath

$1,200

2 Lawrence st Waterville ME - Photo 1 of 1

2d ago

8.6

Very good

2 Lawrence st Waterville ME

2 Lawrence St, Waterville, ME 04901

2 beds

1 bath

$1,250

4d ago

8.6

Very good

8 Silver Terrace

8 Silver Ter, Waterville, ME 04901

2 beds

1 bath

$1,250

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,275 per month as of September 26, 2026.

Is rent up or down in Waterville?

Average rent prices in Waterville have decreased by 3% over the last month and have increased by 2% since last year.

How does Waterville rent compare to the national average?

Rent in Waterville is 33% below the national average, which means renters are paying approximately $625 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 $51,000/year, based on spending no more than 30% of your income on rent.

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

February offers the lowest rents in Waterville, with prices running approximately 16% lower than October, which sees the highest rents of the year.

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).