8 Hilltop Dr
WaterfordME04088
Cheap Apartments for Rent in Waterford, ME from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.
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from $1,174Studio to 3 Bedroom Apartments Contact Us For Availability
Princeton Pines
1375 Forest AvePortland, ME 04103
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from $1,5531 to 2 Bedroom Apartments Contact Us For Availability
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
2820 E Conway Rd
ConwayNH03813
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1 Progress Way
BridgtonME04009
195 Holland St
LewistonME04240
7 Progress Wy
BridgtonME04009
945 Lisbon St
LewistonME04240
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
24 Reginald Ln
LewistonME04240
132 Commercial Dr
Center ConwayNH03813
8 Friendly Way
BridgtonME04009
171 Portland Rd
BridgtonME04009
153 Horton St
LewistonME04240
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
217 Bailey Rd
EffinghamNH03882
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Waterford, ME Local Guide
View from Blackguard Road by Llamero is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Studio Apartments | $2,099 | $1,174 | $2,745 |
| Waterford 1 Bedroom Apartments | $2,195 | $800 | $3,320 |
| Waterford 2 Bedroom Apartments | $2,450 | $850 | $5,480 |
| Waterford 3 Bedroom Apartments | $2,005 | $1,000 | $4,400 |
| Waterford 4 Bedroom Apartments | $1,984 | $1,500 | $2,836 |
Browse Top Apartments in Waterford
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Waterford, ME Local Guide
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Cheapest Available Waterford Apartments for Rent and Nearby
The cheapest available apartment rental in Waterford, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. Redbank Village in the Oakdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,874. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $800 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,874 |
| Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1,910 |
| Kittyhawk Apartments II | 1 Bedroom | 1BR,1BA | $1,950 |
| The Casco | The Casco - Back Cove | Studio,1BA | $1,951 |
Best Value Apartments for Rent in Waterford, ME and Nearby
As of May 13, 2025 the best value apartment in the Waterford area is the $1.11 price per square foot Main Model at 84 Johnson Rd in the starting from $3,900. The second greatest value Waterford apartment is the 2 Bedroom 1 Bath BSF Model at Blue Spruce Farm Apartments starting at $2,395 with a $2.53 price per square foot in the Riverton neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 84 Johnson Rd | Main | 5BR,2.5BA | $1.11 |
| Blue Spruce Farm Apartments | 2 Bedroom 1 Bath BSF | 2BR,1BA | $2.53 |
| Liberty Commons | THE KENNEDY | 1BR,1BA | $2.91 |
| Kittyhawk Apartments II | 1 Bedroom | 1BR,1BA | $2.43 |
| Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom B | 1BR,1BA | $2.39 |
| 95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $1.07 |
| Foreside Estates | The Beacon | 1BR,1BA | $3.10 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 1BR,1BA | $2.70 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
| Latitude at South Portland | A4 | 1BR,1BA | $3.23 |
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Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
18 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waterford Apartments
What is the Cheapest Studio apartment in Waterford?
Currently the most affordable Cheap Studio Apartment in Waterford is at The Casco listed at $1,951.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $1,874 at Redbank Village.
What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $800 at 95-99 Maine Ave.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $1,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.