Similar to nearby areas, it's significantly less expensive compared to the US as a whole. It's substantially less expensive compared to the city of Portland.
Home prices
The median home in Waterville costs $125,000. This is is very similar compared to other places in this area.In comparison to the entire country it is roughly $92,500 (42%) lower, and is approximately $164,000 (56%) lower in comparison to the city of Portland.
Rents
Waterville's median rent is $727 per month. Compared to its nearby areas this is about $55 (7%) lower.It is approximately $335 (31%) lower compared to the rest of the nation, and compared to the city of Portland it is about $397 (35%) lower.
Nearby places
Oakland
Oakland is Waterville's neighbor to the west. The real estate prices there are a little more expensive. The median home in Oakland costs $166,000, which comes out to $41,000 (24%) higher than Waterville. Its rents are somewhat more expensive. In Oakland the median monthly rent is $817, which is $90 (11%) higher than Waterville.
Winslow
Winslow is Waterville's neighbor to the east. The housing prices there are pretty similar. Winslow's median home price is $130,000, which works out to $5,000 (3%) higher than Waterville. The rent there is a little more expensive. In Winslow the median monthly rent is $807, which comes out to $80 (9%) higher than Waterville.
Fairfield
Fairfield is Waterville's neighbor to the northeast. Its real estate prices are somewhat less expensive. The median home in Fairfield is valued at $101,700, which works out to $23,300 (22%) lower than Waterville. The rent there is a bit less expensive. In Fairfield the median monthly rent is $675, which works out to $52 (7%) lower than Waterville.
Clinton
Clinton is approximately 9 miles northeast from Waterville. The real estate prices there are substantially less expensive. The median home in Clinton costs $87,600, which comes out to $37,400 (42%) lower than Waterville. The rent there is somewhat more expensive. The median rent in Clinton is $810 per month, which works out to $83 (10%) higher than Waterville.
Norridgewock
Norridgewock is approximately 11 miles northwest of Waterville. The real estate prices there are somewhat more expensive. The median home in Norridgewock is valued at $136,900, which is $11,900 (8%) higher than Waterville. Rents there are somewhat more expensive. The median monthly rent in Norridgewock is $800, which comes out to $73 (9%) higher than Waterville.
