Last updated on August 16, 2026

Average rent in
Waterville, ME

Key takeaways for renters

  • The bottom line

    Rent in Waterville, ME is essentially flat year over year, with a current median of $1,295/month. The month-over-month rent is unchanged from last year.

  • Waterville is 32.7% more affordable than the $1,925/month national median, making it an accessible market for renters seeking value in a smaller metro with 52 total rentals.

  • Price ranges

    Studio rents in Waterville run about $1,100/month, 1-bedrooms are around $1,025/month, and 2-bedrooms sit at $1,295/month. Three-bedroom units rent for $1,725/month, while 4+ bedrooms command a median of $2,445/month.

Median rent

Median rent in Waterville

$1,295/mo

Flat

vs previous year

The average rent in Waterville is $1,295 per month as of August 2026. This is 33% below the national average rent, or $630 less per month.

$2.22

average price per square foot

Total rentals

Available rentals in Waterville

52

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Waterville rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Waterville, ME

Average rent prices in Waterville have remained the same over the last month and have remained the same 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 $1,290, whereas a house costs $2,100. 1-bedroom apartments in Waterville run $1,050 on average, while 2-bedroom apartments are $1,292.

Listings

Studio

$1,100

14%

-

1 bedroom

$1,025

No Change

2%

2 bedroom

$1,295

1%

10%

3 bedroom

$1,725

11%

9%

4 bedroom

$2,445

4%

45%

Studio

Average rent

$1,100

Last 30 days

14%

1 bedroom

Average rent

$1,025

Last 30 days

No Change

Last year

2%

2 bedroom

Average rent

$1,295

Last 30 days

1%

Last year

10%

3 bedroom

Average rent

$1,725

Last 30 days

11%

Last year

9%

4 bedroom

Average rent

$2,445

Last 30 days

4%

Last year

45%

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$1,295
decreased by33%

lower than the national median

Median rent price$1,800
decreased by6%

lower than the national median

Takeaway

The median rent for all rentals in Waterville, ME is 28% lower than the median rent in Auburn, ME.

Discover rentals in Waterville, ME

129 College Ave - Photo 1 of 1

1d ago

8.6

Very good

129 College Ave

129 College Ave, Waterville, ME 04901

2 beds

1 bath

$1,195

Apartment for rent

42 Summer St #2 - Photo 1 of 1

2d ago

Apartment for rent in Waterville

2 beds

1 bath

$1,300

$1,200

Price drop

Apartment for rent

Available Jul 21

10 Railroad Sq #201 - Photo 1 of 1

3d ago

Apartment for rent in Waterville

Apartment for rent

Available Sep 1

3 King Court - Photo 1 of 1

3d ago

8.3

Very good

3 King Court

3 King Ct, Waterville, ME 04901

2 beds

1 bath

$1,200

Apartment for rent

Stay up to date with rental market insights

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 $1,295 per month as of August 15, 2026.

Is rent up or down in Waterville?

Average rent prices in Waterville have remained the same over the last month and have remained the same 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 $630 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 $52,000/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).

Apartments for rent in Auburn