Rent in Waterville, ME
Across Waterville's 2 ZIP codes, a 2-bedroom typically rents for about $1,226 a month, with figures from $1,077–$1,374. The highest typical rent is in 04903 ($1,374) and the lowest in 04901 ($1,077). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Kennebec County pay about 1.09% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,053 | $1,043–$1,063 | 2 |
| 1 bed | $934 | $817–$1,050 | 2 |
| 2 beds | $1,226 | $1,077–$1,374 | 2 |
| 3 beds | $1,521 | $1,275–$1,767 | 2 |
| 4 beds | $1,694 | $1,220–$2,167 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Waterville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Waterville, ME?
- About $1,226 a month: the median of the typical rents in 2 ZIP codes, which range from $1,077–$1,374. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Waterville, ME?
- About $934 a month: the median of the typical rents in 2 ZIP codes, which range from $817–$1,050. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Waterville, ME?
- About $1,521 a month: the median of the typical rents in 2 ZIP codes, which range from $1,275–$1,767. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Waterville, ME?
- About $1,053 a month: the median of the typical rents in 2 ZIP codes, which range from $1,043–$1,063. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Waterville, ME?
- About $1,694 a month: the median of the typical rents in 2 ZIP codes, which range from $1,220–$2,167. Figures are gross rent (rent plus tenant-paid utilities).
- Which Waterville ZIP code has the highest rent?
- For a 2-bedroom, 04903 has the highest typical rent at $1,374 a month, and 04901 the lowest at $1,077.
- What is the property tax rate in Waterville, ME?
- Owner-occupied homes in Kennebec County pay a typical 1.09% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Waterville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).