Can An Elementary School Teacher Afford Rent in Waterville, ME?
Comfortably affordable — rent takes 24.9% of gross income.
Waterville rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).
About rent and an elementary school teacher salary
Teacher affordability is one of the sharpest local-rent lenses available, because public-school pay scales are set by state and district while rent is set by local market conditions. The result is that two teachers with identical credentials can face very different rent burdens depending on where they teach. At the national-average teacher salary, the 30% rule supports about $1,677 a month in rent — comfortable in most of the Midwest and South, tight in mid-cost cities, and out of reach without roommates in the most expensive coastal markets. The per-city pages below combine local rent with local teacher-pay estimates to show where the math works.
Cheaper rent nearby
These Maine cities have lower median rent than Waterville, which improves the affordability math on an elementary school teacher salary:
Compare with full rent data for Waterville
View full rent data for Waterville, ME →Frequently asked questions
Can an elementary school teacher afford rent in Waterville, ME?
Median rent in Waterville is $1,295 a month. A typical elementary school teacher in Maine earns about $62,384 a year, which makes that rent 24.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an elementary school teacher afford in Waterville?
Using the 30% rule, an elementary school teacher salary in Maine (~$62,384/yr) supports up to $1,560 a month in rent. Waterville's current median rent is $1,295/mo, which leaves a $265/mo buffer.
How many hours does an elementary school teacher work to cover rent in Waterville?
At an hourly equivalent of about $30 an hour, an elementary school teacher in Maine works roughly 43.2 hours a month to cover Waterville's median rent of $1,295.
Where is rent cheaper than Waterville for an elementary school teacher?
Nearby Maine cities with lower median rent include Presque Isle ($1,150/mo), Presque Isle ($1,150/mo), Bangor ($1,081/mo). Each shifts the affordability math materially on an elementary school teacher salary.