11

Waterville, OH Homes for Rent

Section Image
  • /55

    Starting at $2,097 Per Month

    • 2 - 3 Beds

    6225 Waterville Monclova Rd, Waterville, OH 43566

    Fairway Village – A New Icon Community Now LeasingWelcome to Fairway Village, a brand-new Icon Community currently under development and now leasing 2- and 3-bedroom villa-style homes, each featuring an attached two-car garage for added convenience and privacy. Thoughtfully designed for comfort, style, and connection to nature, Fairway Village offers a fresh take on modern living in a serene,

    Fairway Village

    (567) 399-1101

    6225 Waterville Monclova Rd, Waterville, OH 43566
  • /21

    Starting at $1,849 Per Month

    • 2 Beds

    10 E Colony Dr, Waterville, OH 43566

    Charming 2-Bedroom, 2-Bathroom Villa in Waterville, OH - Pet-Friendly & Convenient Location!Welcome to this beautiful 2-bedroom, 2-bathroom villa located in the serene and highly desirable area of Waterville, OH. With 1,264 square feet of living space, this home offers a comfortable and spacious open-floor concept, perfect for relaxing or entertaining.Enjoy the full-size, equipped

    The Village at Waterville Landing

    (567) 406-0516

    10 E Colony Dr, Waterville, OH 43566
  • /35

    Starting at $1,043 Per Month

    • 1 - 2 Beds

    1501 Pray Blvd, Waterville, OH 43566

    Work in Toledo but want to live away from the hustle and bustle? Discover sophisticated living at Steedman Apartments located minutes away in Waterville, OH!

    Steedman Apartments

    (567) 406-1224

    1501 Pray Blvd, Waterville, OH 43566

Why Live in Waterville

Waterville, OH, a small community of around 5,000 residents, offers a peaceful lifestyle amidst rolling farmlands and the scenic Maumee River. Known for its small-town charm, Waterville provides convenient access to Toledo's amenities while maintaining a strong sense of community. Nature enthusiasts can explore the Farnsworth Prairie Trail, ideal for hiking and biking, or enjoy winter activities like cross-country skiing and ice skating. The architectural landscape is diverse, featuring Victorian mansions with gingerbread trim, ranch-style bungalows, and modern farmhouses with clean lines and vibrant colors. The Anthony Wayne Local Schools, including Waterville Primary School, Fallen Timbers Middle School, and Anthony Wayne High School, are highly rated, contributing to the community's appeal. For those seeking things to do, Waterville offers a variety of activities, from the literary adventures at the Waterville Library to the scenic Maumee River trail for runners. Dining options include local favorites like Dale's Diner, known for its smash burgers, while shopping is supported by stores like Sautter's Market and Waterville Hardware & Paint. Outdoor spaces such as Baer Park and Conrad Park provide recreational opportunities, with facilities for sports and serene spots for relaxation. The closest hospital, Wood County Hospital, is located 10 miles away, ensuring healthcare accessibility.

Frequently Asked Questions

How much does it cost to rent a home in Waterville, OH?
The median rent for a home in Waterville, OH is $1,100 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waterville, OH?
To comfortably afford the median rent in Waterville, OH, a household needs to earn roughly $44,000 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 $1,100 per month in Waterville, OH, renters typically need to show $3,300 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, OH?
In Waterville, OH, the price-to-rent ratio is 28.2, 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.
What neighborhoods in Waterville, OH are best for renting a home?
The best neighborhood for renting in Waterville, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Beverly, Reynolds Corners, Scott Park, Southside and Ottawa, each with its own character and price range.

Rental Trends in Waterville, OH

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,100
Median Single Family Home Rent
$1,975
Median Townhouse Rent
$1,595
Median Condo Rent
$1,100
How to Rent a Home