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Apartments for Rent in Waterville, ME

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What to Know About

Life in Waterville & Beyond

Waterville shares many of the great qualities that make Maine a desirable place to live.

Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Waterville, ME

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As of November 2026, Waterville's rental market is cooling, with rentals spending about 38 days on the market, slower than in Maine (27), and rents down 5.4% over the past year. Waterville's average rent is 30.5% ($599) lower than the Maine average of $1,963 and 33.0% ($672) lower than the U.S. average of $2,036.

Average Rent
$1,364
Monthly ChangeMonth Over Month Change
Decreased1.60% ($22)
Yearly ChangeYear Over Year Change
Decreased5.4% ($78)
Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,172 Decreased0.57% ($7) Decreased3.1% ($38)
2 Beds $1,375 Decreased1.16% ($16) Decreased7.3% ($108)
3 Beds $1,753 Decreased1.04% ($18) Decreased6.6% ($124)
Nearby Cities Average Rent Avg. Rent vs. WatervilleAverage Rent vs. Waterville Days on Market
Oakland $1,419 Increased4.0% ($55) 33 days
Clinton $1,265 Decreased7.3% ($99) 33 days
Fairfield $1,230 Decreased9.8% ($134) 27 days
Belgrade $2,023 Increased48.3% ($659) 32 days
Unity $1,500 Increased10.0% ($136) 27 days
Based on rentals advertised on RentalSource in and around Waterville.
Frequently Asked Questions
Waterville Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waterville, ME.

The average rent in Waterville, ME is $1,364 per month.
In Waterville, the average rent is $1,172 per month for a 1-bedroom apartment, $1,375 for a 2-bedroom apartment and about $1,753 for a 3-bedroom apartment.
The average rent in Waterville is 33% ($672) lower than the national average of $2,036 per month.
The rental market in Waterville, ME is currently cooling, with rentals spending about 38 days on the market, slower than in Maine (27), and rents down 5.4% over the past year.
Based on the current averages, a household would need an annual income of $55,000 to comfortably afford a 2-bedroom apartment in Waterville.
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