
Cheap Homes for Rent in Waterford, ME from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.


8 Hilltop Dr

195 Holland St
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

945 Lisbon St

7 Progress Wy
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

132 Commercial Dr

8 Friendly Way
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

153 Horton St
Waterford, ME Local Guide

How much does it cost to rent a home in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford 2 Bedroom Homes for Rent | $2,092 | $1,200 | $3,500 |
Waterford 3 Bedroom Homes for Rent | $2,529 | $1,600 | $3,600 |
Waterford 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Waterford 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Waterford
Explore Waterford
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 12, 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 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 41 Apartments for Rent in Waterford, ME with pricing that ranges from $800 to $5,480. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,050 to $3,600.
What is the current price range for Rental Homes in Waterford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford ranges from $1,050 to $3,600 with an average monthly rent of $2,504.
How much are larger Three and Four Bedroom Rentals in Waterford?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterford range from $1,000 to $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,500.
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.