Cheap Homes for Rent in Centre Wellington, ON from $700 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Centre Wellington.

property at 271 Lester St

$825

5 Bedroom Rentals

Available Sep 1

271 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

$825

5 Bedroom Rentals

Available Sep 1

253 Lester St

WaterlooONN2L 3W6
property at 251 Lester St

$825

5 Bedroom Rentals

Available Sep 1

251 Lester St

WaterlooONN2L 3W6

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 261 Lester St

$825

5 Bedroom Rentals

Available Sep 1

261 Lester St

WaterlooONN2L 3W6

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Centre Wellington, ON Local Guide

Cheapest Available Centre Wellington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centre Wellington, ON is a Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $700. University Place - 50 University Ave E in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here is today’s list of the most affordable Centre Wellington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45-51 E Surrey StStudioStudio,$700
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BA$1,050

Best Value Apartments for Rent in Centre Wellington, ON and Nearby

As of January 19, 2026 the best value apartment in the Centre Wellington area is the $1.67 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,500. The second greatest value Centre Wellington apartment is the 3 Beds, 1.5 baths Model at University Place - 50 University Ave E starting at $795 with a $0.72 price per square foot in the Waterloo North East neighborhood. Here is today’s list of the best values for Centre Wellington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.67
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
King Street Towers - Student Living4 Bedroom/ 4 Bath4BR,4BA$1.04
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BA$1.04
Bridgeport House5 Bedroom, 5 Bath5BR,5BA$0.82
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BA$1.38
Park PlaceOne Bedroom1BR,1BA$1.82
Beacon TowerOne Bedroom1BR,1BA$1.99
Northfield GardensTwo Bedroom2BR,1BA$2.07
45-51 E Surrey St1 Bedroom1BR,1BA$1.54

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Centre Wellington, ON Rentals by Map

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Frequently Asked Questions about Centre Wellington

What type of rentals are currently available in Centre Wellington?

There are currently 118 Apartments for Rent in Centre Wellington, ON with pricing that ranges from $700 to $6,750. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centre Wellington ranging from $750 to $4,500.

What is the current price range for Rental Homes in Centre Wellington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Centre Wellington ranges from $750 to $4,500 with an average monthly rent of $2,202.

How much are larger Three and Four Bedroom Rentals in Centre Wellington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Centre Wellington range from $795 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,485 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $795.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!