Can A Physical Therapist Afford Rent in Waterville, ME?

Comfortably affordable — rent takes 16.8% of gross income.

Waterville rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Waterville median rent
$1,295/mo
Physical Therapist salary (Maine)
$92,730/yr
Rent as % of income
16.8%
Gross monthly income works out to about $7,728, and the 30% rule supports up to $2,318/mo in rent. Waterville's median rent of $1,295 leaves roughly $1,023/mo of headroom under that threshold. A physical therapist works roughly 29 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These Maine cities have lower median rent than Waterville, which improves the affordability math on a physical therapist salary:

Presque Isle, ME
$1,150/mo (14.9% of income)
Presque Isle, ME
$1,150/mo (14.9% of income)
Bangor, ME
$1,081/mo (14% of income)

Compare with full rent data for Waterville

View full rent data for Waterville, ME

Frequently asked questions

Can a physical therapist afford rent in Waterville, ME?

Median rent in Waterville is $1,295 a month. A typical physical therapist in Maine earns about $92,730 a year, which makes that rent 16.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a physical therapist afford in Waterville?

Using the 30% rule, a physical therapist salary in Maine (~$92,730/yr) supports up to $2,318 a month in rent. Waterville's current median rent is $1,295/mo, which leaves a $1,023/mo buffer.

How many hours does a physical therapist work to cover rent in Waterville?

At an hourly equivalent of about $45 an hour, a physical therapist in Maine works roughly 29 hours a month to cover Waterville's median rent of $1,295.

Where is rent cheaper than Waterville for a physical therapist?

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 a physical therapist salary.

Methodology: Salary uses the BLS-derived Maine state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Waterville, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.