Find Homes & Apartments for Rent in Wells, ME

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What to Know About

Life in Wells & Beyond

Wells 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

Wells, ME

As of March 2025, Wells's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Wells's average rent is 49.1% ($966) higher than the Maine average of $1,969 and 64.1% ($1,147) higher than the U.S. average of $1,788.

Average Rent
$2,935
Monthly ChangeMonth Over Month Change
Decreased7.4% ($235)
Yearly ChangeYear Over Year Change
Decreased7.4% ($235)
Avg. Days on MarketAverage Days on Market
61
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,487 Increased4.9% ($116) Increased4.9% ($116)
2 Beds $2,891 Increased4.9% ($135) Increased4.9% ($135)
3 Beds $3,394 Increased4.9% ($159) Increased4.9% ($159)
Nearby Cities Average Rent Avg. Rent vs. WellsAverage Rent vs. Wells Avg. Days on MarketAverage Days on Market
Kennebunk $2,771 Decreased5.6% ($164) 62 days
South Berwick $2,749 Decreased6.3% ($186) 59 days
Sanford $1,629 Decreased44.5% ($1306) 59 days
Berwick $2,472 Decreased15.8% ($463) 58 days
York $2,004 Decreased31.7% ($931) 62 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Wells Rental Market FAQs

Explore rental prices, market trends, and availability in Wells, ME.

The average rent in Wells, ME is $2,935 per month.
Homes in Wells typically rent for between $1,741 and $4,412 per month, with an average of $2,935 per month.
In Wells, the average rent for a 1-bedroom home is $2,487 per month, for a 2-bedroom home, $2,891 per month, and a 3-bedroom home is $3,394 per month.
The average rent in Wells is 64.1% ($1,147) higher than the national average of $1,788 per month.
The average rent in Wells has decreased by 7.4% ($235) in the last month and decreased by 7.4% ($235) over the past year.
The rental market in Wells, ME, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Wells, ME, the average rental stays on the market for approximately 61 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Wells, ME.
Based on the current averages, a household would need an annual income of $115,640 to comfortably afford a 2-bedroom home in Wells.
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