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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

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As of November 2026, Wells's rental market is competitive, with rentals spending about 23 days on the market, faster than in Maine (27), and rents down 2.5% over the past year. Wells's average rent is 37.6% ($739) higher than the Maine average of $1,963 and 32.7% ($666) higher than the U.S. average of $2,036.

Average Rent
$2,702
Monthly ChangeMonth Over Month Change
Decreased0.09% ($2)
Yearly ChangeYear Over Year Change
Decreased2.5% ($70)
Days on Market
23
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,018 Decreased0.33% ($7) Decreased0.9% ($19)
2 Beds $2,355 Increased0.12% ($3) Decreased5.8% ($144)
3 Beds $2,992 Decreased0.26% ($8) Increased0.1% ($3)
Nearby Cities Average Rent Avg. Rent vs. WellsAverage Rent vs. Wells Days on Market
Ogunquit $2,864 Increased6.0% ($162) 25 days
Kennebunk $2,499 Decreased7.5% ($203) 25 days
Cape Neddick $2,955 Increased9.4% ($253) 25 days
North Berwick $2,345 Decreased13.2% ($357) 26 days
South Berwick $2,280 Decreased15.6% ($422) 24 days
Based on rentals advertised on RentalSource in and around Wells.
Frequently Asked Questions
Wells Rental Market FAQs

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

The average rent in Wells, ME is about $2,702 per month.
In Wells, the average rent is about $2,018 per month for a 1-bedroom apartment, about $2,355 for a 2-bedroom apartment and about $2,992 for a 3-bedroom apartment.
The average rent in Wells is 32.7% ($666) higher than the national average of $2,036 per month.
The rental market in Wells, ME is currently competitive, with rentals spending about 23 days on the market, faster than in Maine (27), and rents down 2.5% over the past year.
Based on the current averages, a household would need an annual income of about $94,200 to comfortably afford a 2-bedroom apartment in Wells.
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