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 2026, 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 25.3% ($488) higher than the Maine average of $1,928 and 36.6% ($647) higher than the U.S. average of $1,769.

Average Rent

$2,416

Monthly ChangeMonth Over Month Change

0% ($1)

Yearly ChangeYear Over Year Change

17.7% ($519)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,899	0.1% ($1)	23.6% ($588)
2 Beds	$2,393	No change	17.2% ($498)
3 Beds	$2,688	No change	20.8% ($706)

Nearby Cities	Average Rent	Avg. Rent vs. WellsAverage Rent vs. Wells	Avg. Days on MarketAverage Days on Market
Kennebunk	$2,466	2.1% ($50)	62 days
South Berwick	$2,601	7.7% ($185)	59 days
Sanford	$1,740	28% ($676)	59 days
Berwick	$2,392	1% ($24)	58 days
York	$2,109	12.7% ($307)	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.

What is the average rent in Wells, ME?

The average rent in Wells, ME is $2,416 per month.

What is the rental price range for homes in Wells, ME?

Homes in Wells typically rent for between $1,329 and $3,494 per month, with an average of $2,416 per month.

What is the average rent for different bedroom sizes in Wells, ME?

In Wells, the average rent for a 1-bedroom home is $1,899 per month, for a 2-bedroom home, $2,393 per month, and a 3-bedroom home is $2,688 per month.

How do rent prices in Wells, ME compare with the national average?

The average rent in Wells is 36.6% ($647) higher than the national average of $1,769 per month.

How have rent prices in Wells, ME changed recently?

The average rent in Wells has decreased by 0.0% ($1) in the last month and decreased by 17.7% ($519) over the past year.

How competitive is the rental market in Wells, ME?

The rental market in Wells, ME, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.

How long do rentals stay on the market in Wells, ME?

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.

How many rental properties are available in Wells, ME?

There are currently 4 rental properties available in Wells, ME.

Can I afford to rent a home in Wells, ME?

Based on the current averages, a household would need an annual income of $95,720 to comfortably afford a 2-bedroom home in Wells.