Central Maine Rent Report, September 2026 edition
Average Rent in Waterville, Augusta and Central Maine (2026)
What apartments and rental homes actually rent for in Waterville, Augusta, Rumford, Fairfield, Winslow, Skowhegan and Oakland, Maine, from the units Standard Management Company manages. Not scraped asking prices. Updated quarterly. Free to cite with a link back to this page.
Source: 161 occupied and available units under Standard Management Company management across 20 Central Maine towns, AppFolio market rent as of September 1, 2026. Medians are shown; figures are rounded to the nearest $25. Towns with fewer than four units are grouped as "Other Central Maine towns."
Jump to a town: Waterville · Augusta · Rumford · Fairfield · Winslow · Skowhegan · Oakland
Median monthly rent by town
| Town | Units in sample | All units | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|---|---|
| Waterville | 69 | $1,400 | $1,150 | $1,300 | $1,650 |
| Rumford | 21 | $1,100 | $850 | $1,100 | $1,275 |
| Augusta | 15 | $1,400 | $1,225 | $1,400 | $1,900* |
| Fairfield | 10 | $1,150 | $1,075 | $1,625* | $2,200* |
| Winslow | 7 | $1,500 | $1,100* | $1,650* | $1,450 |
| Skowhegan | 6 | $1,300 | $1,025 | $1,550* | n/a |
| Oakland | 4 | $1,050 | $1,050 | n/a | n/a |
| Other Central Maine towns | 29 | $1,550 | $1,175 | $1,400 | $2,150 |
* Fewer than three units in that cell; treat as a single data point, not a market median. "Other Central Maine towns" includes Biddeford, Clinton, Gardiner, Mexico, Sidney, Vassalboro, Winthrop, Lewiston, China, Anson, Albion and Unity.
Average rent in Waterville, Maine
The median rent across the 69 Waterville units we manage is $1,400 a month. A one-bedroom rents for about $1,150, a two-bedroom for about $1,300 and a three-bedroom for about $1,650. This is the largest sample in the report and the most reliable set of numbers in it.
A clean, updated two-bedroom in a walkable neighborhood rents at $1,350 to $1,450. Older units without in-unit laundry sit closer to $1,200. Three-bedrooms carry a premium of roughly $350 over a two-bedroom and fill faster than one-bedrooms because families and roommate groups compete for them. Own a rental here? See property management in Waterville.
Average rent in Augusta, Maine
The median rent across our 15 Augusta units is $1,400 a month, the same as Waterville. A one-bedroom rents for about $1,225 and a two-bedroom for about $1,400. Our three-bedroom figure of $1,900 comes from fewer than three units, so treat it as a single data point.
Augusta one-bedrooms run slightly above Waterville because of state-workforce demand near the capitol, and two-bedrooms clear about $100 more than the Waterville equivalent. Own a rental in the capital area? See property management in Augusta.
Average rent in Rumford, Maine
The median rent across our 21 Rumford units is $1,100 a month. A one-bedroom rents for about $850, a two-bedroom for about $1,100 and a three-bedroom for about $1,275, roughly 25 percent below Waterville across the board.
Rumford is the value market in this report. Purchase prices in the River Valley are lower than rents by a wider margin, which is why out-of-area investors keep asking about it. Own a rental in the River Valley? See property management in Rumford.
Average rent in Fairfield, Maine
The median rent across our 10 Fairfield units is $1,150 a month, with one-bedrooms at about $1,075. The two-bedroom ($1,625) and three-bedroom ($2,200) figures each come from fewer than three units, most of them larger single-family homes, so they overstate what a typical Fairfield apartment rents for. Expect in-town apartments to price a step below Waterville. See property management in Fairfield.
Average rent in Winslow, Maine
The median rent across our 7 Winslow units is $1,500 a month, and a three-bedroom rents for about $1,450. The one-bedroom ($1,100) and two-bedroom ($1,650) cells are single data points. Winslow's sample leans toward larger units and houses just across the river from Waterville, which is why its overall median sits above Waterville's. See property management in Winslow.
Average rent in Skowhegan, Maine
The median rent across our 6 Skowhegan units is $1,300 a month, with one-bedrooms at about $1,025. The two-bedroom figure of $1,550 is a single data point. Skowhegan prices between Rumford and Waterville, with in-town apartments at the lower end and renovated multifamily units at the top. See property management in Skowhegan.
Average rent in Oakland, Maine
Our Oakland sample is four one-bedroom units with a median of $1,050 a month. That is too small to call a market median, and it does not include the lake-area houses and larger apartments that rent for considerably more. For a two- or three-bedroom in Oakland, the Waterville figures are the better benchmark. See property management in Oakland.
What the numbers say
- Waterville two-bedrooms cluster around $1,300. A clean, updated two-bedroom in a walkable neighborhood rents at $1,350 to $1,450. Older units without in-unit laundry sit closer to $1,200.
- The three-bedroom premium is real. In Waterville a three-bedroom rents roughly $350 above a two-bedroom. Families and roommate groups compete for these, and they fill faster than one-bedrooms.
- Rumford is the value market. A one-bedroom in the River Valley rents for about $850 and a three-bedroom for about $1,275, roughly 25 percent below Waterville. Purchase prices are lower by a wider margin, which is why out-of-area investors keep asking about it.
- Augusta tracks Waterville. Median rent is the same $1,400 across our Augusta units, with one-bedrooms slightly higher than Waterville because of state-workforce demand near the capitol.
- Asking rents on Zillow run below our achieved rents in Waterville. In a June 2026 snapshot of 18 Waterville listings from other managers and owners, the median asking rent was $1,250 and the median listing had sat 35 days. Well-maintained units priced correctly lease in less time than that.
How to use this if you own a rental here
Compare your current rent to the median for your town and bedroom count. If you are more than 10 percent below it and your unit is in good condition, you are probably leaving money on the table at renewal. If you are more than 10 percent above it, expect longer vacancy unless the unit has something the median does not: in-unit laundry, off-street parking, updated kitchen and bath, or heat included.
Want a number for your specific building? We do a free rental evaluation for any Central Maine owner, whether or not you hire us. See how our management works and what it costs, or request an evaluation.
Frequently asked questions
What is the average rent in Waterville, Maine?
Across 69 units Standard Management Company manages in Waterville, the median rent in September 2026 is $1,400 a month. One-bedrooms run about $1,150, two-bedrooms about $1,300 and three-bedrooms about $1,650.
What is the average rent in Augusta, Maine?
The median rent across the 15 Augusta units we manage is $1,400 a month, the same as Waterville. One-bedrooms rent for about $1,225 and two-bedrooms for about $1,400.
How much does a two-bedroom apartment rent for in Augusta, Maine?
The median two-bedroom in our Augusta portfolio rents for $1,400 a month, and one-bedrooms for about $1,225. Overall Augusta rents track Waterville closely.
What is the average rent in Rumford, Maine?
The median rent across the 21 Rumford units we manage is $1,100 a month. A one-bedroom rents for about $850, a two-bedroom for about $1,100 and a three-bedroom for about $1,275.
Where are rents lowest in Central Maine?
Rumford and the River Valley. A Rumford one-bedroom rents for about $850 and a three-bedroom for about $1,275, roughly 25 percent below Waterville, with purchase prices lower by a wider margin.
Where does this rent data come from?
It is the median market rent for the 161 units Standard Management Company manages across 20 Central Maine towns, taken from our AppFolio records on September 1, 2026, not scraped asking prices. We update it quarterly and anyone may cite it with a link to this page.
Method and reuse
Figures are the median AppFolio market rent for units under Standard Management Company management on September 1, 2026, grouped by the town in the property address. Market rent is the rent the unit is currently leased at or, for a vacant unit, the rent it is listed at. The sample is weighted toward Waterville and the River Valley because that is where we manage the most units, and it is not a random sample of the whole market. Bedroom cells with fewer than three units are marked with an asterisk.
Journalists, researchers and other landlords are welcome to quote this report with attribution to Standard Management Company and a link to this page. For a town or bedroom breakdown not shown here, email sales@standardmanagementco.com.
Related: Waterville property management, Augusta property management, Rumford property management, property management fees and services, all Central Maine markets we serve.
