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Waldoboro, ME Home for Rent

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    $2,500 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    1691 Atlantic Hwy, Waldoboro, ME 04572

    BRAND-NEW 2 BEDROOM APARTMENT FOR RENT Beautiful second-floor, 2-bedroom, 1-bath apartment with gorgeous cathedral ceilings and views overlooking the valley! Enjoy a peaceful setting while still being just minutes from grocery stores and local amenities. Apartment Features: 2 bedrooms / 1 bathroom Brand-new apartment Cathedral ceilings Washer & dryer in unit

    1691 Atlantic Hwy, Waldoboro, ME 04572

Why Live in Waldoboro

Waldoboro, located on the Medomak River in Maine’s Midcoast region, offers a blend of coastal, country, and small-town living. Known for its nature preserves, farms, and shellfish industry, the town's estuary is a popular spot for clam harvesting. The downtown area, near U.S. Route 1, features a variety of stores and restaurants, including The Narrows Tavern and Moody’s Diner, a community staple since 1927. Properties in Waldoboro range from New Englander and Cape Cod homes in the town center to larger homes on expansive rural lots, some with views of the Medomak River. The town also offers apartment complexes and manufactured homes. Pine Street Landing provides access to the river for boating and birdwatching, while nearby nature preserves like Burkett Mill Preserve and Riverbrook Preserve offer trails for hiking, snowshoeing, and cross-country skiing. Damariscotta Lake State Park is known for freshwater fishing and a sandy beach. The Waldo Theatre hosts concerts, plays, and movie screenings. Waldoboro Day, held each June, celebrates the community’s history with a parade, craft fair, history tour, and fireworks. The town is car-dependent, with Route 1 leading to Damariscotta, 11 miles away, and Rockland, 16 miles away. Augusta is 28 miles away, and Portland International Jetport is a 65-mile trip.

Frequently Asked Questions

How much does it cost to rent a home in Waldoboro, ME?
The median rent for a home in Waldoboro, ME is $2,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Waldoboro, ME?
To comfortably afford the median rent in Waldoboro, ME, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Waldoboro, ME, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waldoboro, ME?
In Waldoboro, ME, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,500
Median Single Family Home Rent
$2,500
How to Rent a Home