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Waterville, VT Home for Rent

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    $1,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    598 Vt Route 109 Unit 2, Waterville, VT 05492

    Newly renovated spacious one bedroom one bath apartment for rent in Waterville VT.Conveniently located near Jeffersonville, Cambridge, smugglers notch, Morrisville, St Albans and an easy commute to the rest of lamoille and chittenden county.This apartment is in a 3 unit building with friendly, respectful neighbors.Large shared yard and Private off Street parking. Private

    598 Vt Route 109 Unit 2, Waterville, VT 05492

Why Live in Waterville

Waterville, VT, is a rural town located about 40 miles from Burlington, known for its abundant rivers and outdoor recreation opportunities. State Route 109 runs through the valley, passing covered bridges and maple farms. The town offers a few amenities, including an elementary school, a market, and a library, while residents often travel to nearby Jeffersonville for additional needs. The Lamoille River and North Branch Lamoille River are popular for trout fishing and whitewater kayaking, and the swimming hole along Codding Hollow Road is a summer favorite. Long Trail State Forest provides hiking and hunting trails, and winter activities include snowshoeing and skiing at Smugglers’ Notch Resort, less than 15 miles away. Housing options feature early 1900s farmhouses, Cape Cods, and ranch-style homes, many with aluminum roofs to shed snow. Properties range from half-acre plots to expansive five-acre lots, with homeowners maintaining their own septic systems. The community has a low crime risk compared to the national average. Waterville Market offers basic groceries, while Jeffersonville, five miles south, has restaurants like The Family Table and Burger Barn, and the Smugglers’ Notch Distillery. Residents rely on cars for travel, with Copley Hospital and Burlington International Airport within 15 and 35 miles, respectively. Heavy snowfall and ice storms are common in winter, and flooding can occur during spring snowmelt or heavy rains, necessitating flood insurance for some properties.

Frequently Asked Questions

How much does it cost to rent a home in Waterville, VT?
The median rent for a home in Waterville, VT is $1,400 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Waterville, VT?
To comfortably afford the median rent in Waterville, VT, a household needs to earn roughly $56,000 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 $1,400 per month in Waterville, VT, renters typically need to show $4,200 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, VT?
In Waterville, VT, the price-to-rent ratio is 20.8, 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
$1,400
Median Condo Rent
$1,400
How to Rent a Home