5

Waterville, ME Townhomes for Rent

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    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    11 Gray St, Waterville, ME 04901

    50% Off first month's rent for move-ins schedule on or before 9/15/2026 For Rent | 11 Gray St, Unit 2 | Waterville, ME $1,350/month | Security Deposit: $1,350 Experience the perfect blend of modern style and everyday comfort in this completely remodeled 2-bedroom, 1-bathroom apartment. Taken down to the studs and rebuilt with quality finishes throughout, this home offers the feel

    11 Gray St, Waterville, ME 04901
  • /5

    $800 Per Month

    • 1 Bed
    • 1 Bath
    • Townhouse for Rent

    60 Silver St, Waterville, ME 04901

    Available Now | $800/Month Welcome to 60 Silver Street, Unit B, a conveniently located studio apartment just a short walk from downtown Waterville. Enjoy easy access to local restaurants, shops, businesses, and everything downtown has to offer. Apartment Details Studio Apartment Rent: $800/month Security Deposit: $1,000 Available: Now Tenant is responsible for

    60 Silver St, Waterville, ME 04901
  • /8

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    42 Summer St, Waterville, ME 04901

    For Rent – 42 Summer St, Unit 1 | Waterville, ME Rent: $1,200/month Security Deposit: $1,200 Now available! This spacious first-floor apartment offers flexible living space in a convenient Waterville location. The unit features 2 bedrooms and 1 bathroom, with the option to use the second bedroom as a home office, guest room, or additional living space. Enjoy a large living

    42 Summer St, Waterville, ME 04901
  • /7

    $1,475 Per Month

    • 2 Beds
    • 2 Baths
    • Townhouse for Rent

    17 Donald St, Waterville, ME 04901

    Brand-New Duplex Apartment for Rent – 17 Donald St, Unit 2 AVAILABLE IMMEDIATELY! Be the first to live in this brand-new construction 2-bedroom, 2-bathroom duplex apartment located at 17 Donald St. Unit 2 is the only unit currently available and is ready for immediate move-in. This spacious apartment features modern finishes, bright living spaces, and a functional layout designed

    17 Donald St, Waterville, ME 04901
  • /10

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    8 Toward St, Waterville, ME 04901

    This well-maintained apartment offers a serene living environment and is located on the third floor of a non-smoking building. It includes heat and hot water, and can be utilized as either a two or three-bedroom configuration. The unit is equipped with washer/dryer hookups, and mini blinds and curtain rods are already installed for your convenience. Additionally, there is ample parking space

    8 Toward St, Waterville, ME 04901

Frequently Asked Questions

How much does it cost to rent a townhouse in Waterville, ME?
The median rent for a townhouse in Waterville, ME is $1,175 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waterville, ME?
To comfortably afford the median rent in Waterville, ME, a household needs to earn roughly $51,800 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 $1,295 per month in Waterville, ME, renters typically need to show $3,885 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 Waterville, ME?
In Waterville, ME, the price-to-rent ratio is 16.3, 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 Townhouses for Rent
5
Median Townhouse Rent
$1,175
Median 2 Bedroom Townhouse Rent
$1,413
How to Rent a Home