2-Bedroom Apartment Rent in Waterville, ME
Median asking rent for a 2-bedroom apartment in Waterville, Maine as of October 2026. That's +22% lower than the citywide median of $1,342 and +37% below the national 2-bedroom median of $1,657.
Income needed for a 2-bedroom in Waterville
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Waterville
Compare Waterville's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Maine
Most expensive cities for a 2-bedroom in Maine
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Yarmouth | $2,320 |
| 2 | Scarborough | $2,310 |
| 3 | South Portland | $2,260 |
| 4 | Freeport | $2,180 |
| 5 | Kittery | $2,060 |
| 6 | Portland | $2,053 |
| 7 | Saco | $1,860 |
| 8 | Gorham | $1,860 |
| 9 | Brunswick | $1,840 |
| 10 | Old Orchard Beach | $1,760 |
| 11 | Biddeford | $1,760 |
| 12 | Orono | $1,540 |
| 13 | Sanford | $1,490 |
| 14 | Bangor | $1,390 |
| 15 | Bath | $1,360 |
Nearby cities — 2-bedroom rent
Most nearby cities have similar or higher 2-bedroom rents than Waterville.
| City | Distance | 2-Bedroom rent | vs Waterville |
|---|---|---|---|
| Augusta, ME | 15.9 mi | $1,110 | +$66 (+6%) |
| Rockland, ME | 44.7 mi | $1,080 | +$36 (+3%) |
| Bath, ME | 47.7 mi | $1,360 | +$316 (+30%) |
| Lewiston, ME | 49.1 mi | $1,250 | +$206 (+20%) |
| Brunswick, ME | 51 mi | $1,840 | +$796 (+76%) |
| Auburn, ME | 53.5 mi | $1,250 | +$206 (+20%) |
| Bangor, ME | 57.6 mi | $1,390 | +$346 (+33%) |
| Freeport, ME | 58.1 mi | $2,180 | +$1,136 (+109%) |
| Yarmouth, ME | 63.9 mi | $2,320 | +$1,276 (+122%) |
| Orono, ME | 65.6 mi | $1,540 | +$496 (+48%) |
| Portland, ME | 75.5 mi | $2,053 | +$1,009 (+97%) |
| South Portland, ME | 77.9 mi | $2,260 | +$1,216 (+116%) |
2-Bedroom rent in Waterville — common questions
How much is a 2-bedroom apartment in Waterville?
As of October 2026, the median 2-bedroom apartment rent in Waterville, Maine is $1,044 per month. This is +22% below the citywide median of $1,342.
What income do you need to afford a 2-bedroom in Waterville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $41,760 ($3,480/month gross), which works out to roughly $20.08/hour at a full-time job.
Is Waterville expensive for a 2-bedroom compared to the rest of the US?
Waterville's 2-bedroom median of $1,044 is +37% below the national 2-bedroom median of $1,657. It ranks in the 8th percentile of US cities tracked.
How does Waterville rank for 2-bedroom rent in Maine?
Among the 20 cities in Maine with 2-bedroom data, Waterville ranks #1 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Waterville?
Most nearby cities have similar or higher 2-bedroom rents than Waterville.