
Cheap Apartments for Rent in Guelph, ON from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Guelph.


45-51 E Surrey St

51 Roehampton Crescent

36 Ridgeway Ave

486 College Ave W

38 Ridgeway Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

484 College Ave W

488 College Ave W

490 College Ave W

6 Evergreen Dr

Royal Towne

Wyndamere Place Condominiums
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.
Guelph, ON Local Guide
How much does it cost to rent an apartment in Guelph?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Guelph Studio Apartments | $1,639 | $795 | $2,043 |
| Cheap Guelph 1 Bedroom Apartments | $2,010 | $800 | $2,650 |
| Cheap Guelph 2 Bedroom Apartments | $2,490 | $1,092 | $4,900 |
| Cheap Guelph 3 Bedroom Apartments | $2,325 | $975 | $4,750 |
| Cheap Guelph 4 Bedroom Apartments | $975 | $975 | $975 |
Browse Top Apartments in Guelph
See all Apartments in GuelphExplore Guelph
Guelph, ON Local Guide
- Guelph Neighborhoods
- Nearby Cities
Cheapest Neighborhoods for Apartments in Guelph, ON
Pricing Updated: 06/13/2026Current apartment rentals in the Guelph, ON area range in price from $500 to $6,819 with an overall median price of $3,880. The three Guelph neighborhoods with the lowest median rent pricing are Guelph West at $975, Guelph South at $500, and Guelph East at $795. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Guelph Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Guelph West | $2,195 | $975 | 35 |
| Guelph South | $2,299 | $500 | 30 |
| Guelph East | $3,339 | $795 | 42 |
| Guelph South Central | $4,750 | $795 | 16 |
| Wellington Region | $6,819 | $1,980 | 1 |
Cheapest Available Guelph Apartments for Rent
 The cheapest available apartment rental in Guelph, ON is a Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. ALMA @ Guelph in the Guelph South neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,092. Here is today’s list of the most affordable Guelph apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| ALMA @ Guelph | The Roomies | 2BR,1BA | $1,092 |
| Royal Towne | 1 Bedroom | 1BR,1BA | $1,595 |
| Quattro One, Two, Three and Four | One Bedroom | 1BR,1BA | $1,620 |
| The Sprucedales | 1 Bedroom | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Guelph, ON
As of June 14, 2026 the best value apartment in the Guelph area is the $1.39 price per square foot LOFT - WAITING LIST Model at 2 Quebec in the in the Guelph East neighborhood starting from $2,300. The second greatest value Guelph apartment is the Two Bedroom Townhouse with private garage Model at Stoneglen Townhouses starting at $2,175 with a $1.55 price per square foot in the Guelph South neighborhood. Here is today’s list of the best values for Guelph apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2 Quebec | LOFT - WAITING LIST | 1BR,1BA | $1.39 |
| Stoneglen Townhouses | Two Bedroom Townhouse with private garage | 2BR,2BA | $1.55 |
| Treeview Manor | 2 Bedroom | 2BR,1BA | $1.96 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.05 |
| Brantview Apartments | Two Bedroom | 2BR,1BA | $1.91 |
| 12 Brant Ave | 2 Bedroom | 2BR,1BA | $2.22 |
| Southwood Apartments | 2 Bed 1 Bath A | 2BR,1BA | $2.20 |
| 64 Cedar St | 1 Bedroom Model | 2BR,1BA | $1.18 |
| Quattro One, Two, Three and Four | One Bedroom | 1BR,1BA | $2.13 |
| 45-51 E Surrey St | 2 Bedrooms | 2BR,1BA | $2.07 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Guelph, ON Rentals by Map
See the most popular apartments and homes in Guelph, ON
Frequently Asked Questions about Cheap Guelph Apartments
What is the price of a cheap apartment in Guelph?
The cheapest apartment in Guelph is 45-51 E Surrey St which is listed at $1,200, while the average apartment in Guelph costs $3,880.
What types of apartments are the cheapest in Guelph?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Guelph that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Guelph?
Cheap apartments in Guelph have an average cost of $457 which is $3,423 cheaper than the average rent for all rentals in Guelph.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.