2-Bedroom Apartment Rent in Waterville, ME
Median asking rent for a 2-bedroom apartment in Waterville, Maine as of July 2026. That's +19% lower than the citywide median of $1,295 and +37% below the national 2-bedroom median of $1,655.
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
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Waterville (this page) | $1,044 |
| 2 | Presque Isle | $1,060 |
| 3 | Rockland | $1,080 |
| 4 | Augusta | $1,110 |
| 5 | Auburn | $1,250 |
| 6 | Lewiston | $1,250 |
| 7 | Bath | $1,360 |
| 8 | Bangor | $1,390 |
| 9 | Old Town | $1,410 |
| 10 | Sanford | $1,490 |
| 11 | Orono | $1,540 |
| 12 | Biddeford | $1,760 |
| 13 | Old Orchard Beach | $1,760 |
| 14 | Brunswick | $1,840 |
| 15 | Gorham | $1,860 |
Most expensive cities for a 2-bedroom in Maine
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Cape Elizabeth | $2,760 |
| 2 | Falmouth | $2,750 |
| 3 | Yarmouth | $2,320 |
| 4 | Scarborough | $2,310 |
| 5 | South Portland | $2,260 |
| 6 | Freeport | $2,180 |
| 7 | Kittery | $2,060 |
| 8 | Portland | $2,053 |
| 9 | Saco | $1,860 |
| 10 | Gorham | $1,860 |
| 11 | Brunswick | $1,840 |
| 12 | Old Orchard Beach | $1,760 |
| 13 | Biddeford | $1,760 |
| 14 | Orono | $1,540 |
| 15 | Sanford | $1,490 |
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%) |
| Old Town, ME | 69.9 mi | $1,410 | +$366 (+35%) |
| Falmouth, ME | 71.5 mi | $2,750 | +$1,706 (+163%) |
2-Bedroom rent in Waterville — common questions
How much is a 2-bedroom apartment in Waterville?
As of July 2026, the median 2-bedroom apartment rent in Waterville, Maine is $1,044 per month. This is +19% below the citywide median of $1,295.
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 $1,655. It ranks in the 9th percentile of US cities tracked.
How does Waterville rank for 2-bedroom rent in Maine?
Among the 24 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.