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Newest Home for Rent in Wells, ME

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    $2,075 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    410 Bald Hill Rd Unit A, Wells, ME 04090

    Welcome to this charming multi-family home in the delightful town of Wells, Maine. With 2 bedrooms and ample living space, this residence offers the perfect blend of comfort and convenience. Just a short 12-minute drive to York Hospital in Sanford, you’ll enjoy quick access to essential services while soaking in the tranquility of your surroundings.Key property features include modern

    (207) 360-7656

    410 Bald Hill Rd Unit A, Wells, ME 04090

Frequently Asked Questions

How much does it cost to rent a home in Wells, ME?
The median rent for a home in Wells, ME is $1,787 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes 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 $71,480 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 $1,787 per month in Wells, ME, renters typically need to show $5,361 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 26.5, 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 Wells, ME are best for renting a home?
The best neighborhood for renting in Wells, ME depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Dover Point, Downtown Biddeford, Downtown Saco and Central Saco, each with its own character and price range.

Rental Trends in Wells, ME

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,787
Median Single Family Home Rent
$2,000
Median Condo Rent
$1,788
How to Rent a Home