2

Wells, ME Condos for Rent

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  • /14

    $2,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    8 Woodbridge Rd Unit 1, Wells, ME 04090

    Property Id: 1856720 All utilities (including cable/internet) are paid for by the landlord. Spacious, fully furnished home located just a half mile from the ocean. One bedroom contains 2 queen beds, 2 separate dressers, and two large closets. The other bedroom contains 1 queen bed, a dresser, and a closet. Central heating and AC in every room. Unit includes plenty of parking, a large

    8 Woodbridge Rd Unit 1, Wells, ME 04090
  • /15

    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    8 Woodbridge Rd Unit 2, Wells, ME 04090

    Property Id: 1856721 Available Oct through May/early June. Fully furnished home located just a half mile from the ocean! Utilities are included. Unit contains 2 bedrooms, each with a queen bed, dresser, and closet, a kitchen, and a living room with a futon, couch, and TV. Heating and AC. Unit includes plenty of parking and a large backyard with a patio and grill. Located on a quiet street

    8 Woodbridge Rd Unit 2, Wells, ME 04090

Frequently Asked Questions

How much does it cost to rent a condo in Wells, ME?
The median rent for a condo in Wells, ME is $2,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Wells, ME?
To comfortably afford the median rent in Wells, 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 Wells, 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 Wells, ME?
In Wells, ME, the price-to-rent ratio is 20.2, 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.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,300
Median 2 Bedroom Condo Rent
$2,300
How to Rent a Home