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Waterville, OH House for Rent

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    Starting at $1,799 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

Frequently Asked Questions

How much does it cost to rent a single-family home in Waterville, OH?
The median rent for a single-family home in Waterville, OH is $1,975 per month, though prices vary by neighborhood, size, and property type. As of May 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 27.3, 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.
What neighborhoods in Waterville, OH are best for renting a single-family 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 single-family home include Southside, East Toledo, Franklin Park, Five Points and Scott Park, each with its own character and price range.

Rental Home Trends in Waterville, OH

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$1,975
Median 3 Bedroom Single Family Home Rent
$1,975
How to Rent a Home