Apartments for Rent in Waterville, ME

Prices and availability in Waterville, ME were last updated on 4 Nov 2026.

The best apartments in Waterville, ME are: Orchard Park Apartments, 6-8 Oxford Street, 68 North Street, 16 Sherwin Street and Roosevelt Avenue, Unit Unit 2.

The average rent in Waterville, ME is $1,393.

The price range for a 1-bedroom apartment in Waterville, ME is between $1,350 and $1,425.

The price range for a 2-bedroom apartment in Waterville, ME is between $1,225 and $1,600.

The price range for a 3-bedroom apartment in Waterville, ME is between $1,225 and $1,600.

In Waterville, 51% of the residents are renting compared to 49% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 3% of Waterville's rentals, 87% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waterville are about 46 years old, on average. Of these, 15% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Waterville come in a range of sizes and floorplans. Studio apartments represent 6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 60% of the total apartments in the city, while 2-bedroom floorplans represent around 34% of all rentals in Waterville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.