Rentometer, Inc. | Data as of 10/22/2025
AugustaâWaterville forms the vibrant heart of Maineâs capital region, offering a blend of historic charm and modern convenience. Residents enjoy easy access to the iconic Maine State House, the scenic Kennebec River waterfront, and cultural attractions such as the Old Fort Western museum. The nearby college town of Waterville adds a youthful energy with its thriving arts scene, boutique dining, and the renowned Colby College campus, making the metro area appealing to professionals, families, and students alike.
The rental market reflects this diverse appeal, with a balanced mix of apartments and singleâfamily homes. Apartment rents typically fall in the $1,200â$1,900 range, with cozy oneâbedroom units near the lower end and spacious threeâbedroom layouts approaching the higher tier. House rentals are similarly competitive, with oneâbedroom homes around $1,200 and twoâbedroom properties in the $1,500 range, providing attractive options for those seeking more space or a suburban feel.
Neighborhoods such as the historic Old Port district in Augusta and the vibrant downtown corridor in Waterville offer walkable streets, local cafĂŠs, and easy publicâtransport connections. Proximity to major employers, government offices, and educational institutions ensures steady demand, while the surrounding natural landscapesâparks, trails, and riverfront parksâenhance quality of life. Whether youâre looking for a modern apartment in the city core or a comfortable house in a quieter enclave, the AugustaâWaterville metro area delivers a welcoming rental environment with varied choices to match different lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,233 | $1,300 | $260 - $2,200 | $1,000 - $1,500 |
| Apartment | 2 Bedroom | $1,423 | $1,375 | $1,100 - $1,800 | $1,250 - $1,500 |
| Apartment | 3 Bedroom | $1,862 | $1,800 | $1,650 - $2,200 | $1,700 - $2,200 |
| House | 1 Bedroom | $1,176 | $1,300 | $930 - $1,300 | $930 - $1,300 |
| House | 2 Bedroom | $1,491 | $1,450 | $1,099 - $2,000 | $1,350 - $1,600 |
In the current period, the average rent in Augusta-Waterville, ME was
$1,226 for 1 Bedroom,
$1,448 for 2 Bedroom, and
$1,757 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.