Average Rent in Waterville, ME

Apartments & Houses by Size

Rentometer, Inc. | Data as of 06/06/2026

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Waterville, Maine blends small‑city charm with a vibrant, student‑driven atmosphere, making it a desirable destination for renters seeking both convenience and community. Nestled along the Kennebec River, the city offers easy access to waterfront parks, historic Main Street shops, and cultural venues such as the Colby College Museum of Art. Its walkable neighborhoods—like the lively downtown district, the family‑friendly Oak Hill area, and the tranquil campus‑adjacent neighborhoods—provide a range of housing options that suit professionals, families, and students alike.

The rental market reflects this diversity, with a strong presence of both apartments and single‑family homes. One‑bedroom apartments typically fall in the $800s to $1000 range, offering affordable choices for individuals or couples. Two‑bedroom units are generally priced in the $1300s to $1500 range, appealing to small families or roommates seeking extra space. Larger three‑bedroom apartments command around the $1700‑$1800 bracket, ideal for those who desire more room without sacrificing location. The mix of modern complexes and historic buildings ensures renters can find a style that matches their preferences, whether it’s a contemporary amenity‑rich building near the college or a charming renovated house in a quiet suburb.

Beyond housing, Waterville’s amenities enhance the rental experience. Residents enjoy easy commutes via the Amtrak Downeaster, a variety of dining options ranging from farm‑to‑table eateries to classic diners, and year‑round events like the Waterville Opera House productions and the RiverFest celebration. With its blend of academic energy, scenic beauty, and a supportive community, Waterville continues to attract renters looking for a balanced, high‑quality lifestyle in Maine.

Waterville Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment Studio $1,041 $1,050 $800 – $1,275 $800 – $1,275
Apartment 1 Bedroom $1,115 $1,140 $260 – $1,500 $1,100 – $1,325
Apartment 2 Bedroom $1,489 $1,447 $998 – $2,995 $1,230 – $1,600
Apartment 3 Bedroom $1,526 $1,500 $1,300 – $1,750 $1,450 – $1,600

Current rent in Waterville (all property types): Studio $1,042, 1 Bedroom $1,115, 2 Bedroom $1,489, 3 Bedroom $1,527.

Map of City of Waterville

Outlined area shows the city boundary. Shaded regions show where rentals cluster.

Map of City of Waterville
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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

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About this data