Cheap Apartments for Rent in Waterford, ME from $800 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waterford.

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.

property at 7 Progress Wy

7 Progress Wy

BridgtonME04009
property at 945 Lisbon St

945 Lisbon St

LewistonME04240
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Bayview Court
Studio to 1 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included

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.

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.

property at 217 Bailey Rd

217 Bailey Rd

EffinghamNH03882

Waterford, ME Local Guide

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 ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Redbank VillageThe Kennebunk1BR,1BA$1,874
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$1,910
Kittyhawk Apartments II1 Bedroom1BR,1BA$1,950
The CascoThe Casco - Back CoveStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
84 Johnson RdMain5BR,2.5BA$1.11
Blue Spruce Farm Apartments2 Bedroom 1 Bath BSF2BR,1BA$2.53
Liberty CommonsTHE KENNEDY1BR,1BA$2.91
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.43
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$2.39
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$1.07
Foreside EstatesThe Beacon1BR,1BA$3.10
Autumn Woods Apartments1 Bedroom Autumn Woods1BR,1BA$2.70
645 Congress Apartments1 Bedroom1BR,1BA$3.03
Latitude at South PortlandA41BR,1BA$3.23

Quick Rent Budget Calculator

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Explore Waterford, ME Rentals by Map

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Getting Around Waterford, ME

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

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.

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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.

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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.

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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.

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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.