Can A Welder Afford Rent in Waterville, ME?

Stretched but workable — rent takes 32.5% of gross income.

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

Waterville median rent
$1,295/mo
Welder salary (Maine)
$47,811/yr
Rent as % of income
32.5%
Gross monthly income works out to about $3,984, and the 30% rule supports up to $1,195/mo in rent. Waterville's median rent of $1,295 exceeds that threshold by $100/mo, putting a welder salary into the rent-burdened range here. A welder works roughly 56.3 hours a month to cover that rent.

About rent and a welder salary

Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.

Cheaper rent nearby

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

Presque Isle, ME
$1,150/mo (28.9% of income)
Presque Isle, ME
$1,150/mo (28.9% of income)
Bangor, ME
$1,081/mo (27.1% of income)

Compare with full rent data for Waterville

View full rent data for Waterville, ME

Frequently asked questions

Can a welder afford rent in Waterville, ME?

Median rent in Waterville is $1,295 a month. A typical welder in Maine earns about $47,811 a year, which makes that rent 32.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a welder afford in Waterville?

Using the 30% rule, a welder salary in Maine (~$47,811/yr) supports up to $1,195 a month in rent. Waterville's current median rent is $1,295/mo, which is $100/mo over the affordability threshold.

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

At an hourly equivalent of about $23 an hour, a welder in Maine works roughly 56.3 hours a month to cover Waterville's median rent of $1,295.

Where is rent cheaper than Waterville for a welder?

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 welder 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.