Cheap Homes for Rent in Thames Centre, ON from C$800 (15 Rentals)

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

property at 271 Lester St

271 Lester St

WaterlooONN2L 3W6
property at 502 Chablis Dr

502 Chablis Dr

WaterlooONN2T 2X8

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Thames Centre, ON Local Guide

Cheapest Available Thames Centre Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thames Centre, ON is a 1 Bed unit found at 520-560 Mornington Avenue priced from C$1,027. The Eleanor has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,199. Here is today’s list of the most affordable Thames Centre apartments for rent:

Apartment ListingModel NameBed/BathPriced From
520-560 Mornington Avenue1 Bedroom1BR,1BAC$1,027
The Eleanor1 Bed1BR,1BAC$1,199
Studios on KingBachelorStudio,1BAC$1,250
120 Cherryhill PlBachelorStudio,1BAC$1,299
1025 King St E1 Bedroom1BR,1BAC$1,300

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

As of June 25, 2025 the best value apartment in the Thames Centre area is the C$2.02 price per square foot 3 Bedroom Model at Four Seasons in the starting from C$2,599. The second greatest value Thames Centre apartment is the 1C Model at 520 Talbot Street starting at C$2,199 with a C$1.77 price per square foot . Here is today’s list of the best values for Thames Centre apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons3 Bedroom3BR,2BAC$2.02
520 Talbot Street1C1BR,1BAC$1.77
180 Mill Street2 Bedroom + 2 Bath2BR,2BAC$1.96
Somerset Place Apartments2 Bed 1.5 Bath A2BR,1.5BAC$1.93
520-560 Mornington Avenue2 Bedroom2BR,1BAC$1.44
Webster ApartmentsRenovated 1 Bedroom1BR,1BAC$1.67
Platts Crossing1 Bedroom Large1BR,1BAC$1.94
135 Connaught2 Bedroom2BR,1BAC$1.96
Ridout Towers2 Bedroom2BR,1BAC$1.97
Bradley Court I/II1 Bedroom1BR,1BAC$2.01

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Thames Centre

What type of rentals are currently available in Thames Centre?

There are currently 90 Apartments for Rent in Thames Centre, ON with pricing that ranges from C$899 to C$4,771. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thames Centre ranging from C$850 to C$5,700.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Thames Centre ranges from C$850 to C$5,700 with an average monthly rent of C$2,744.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Thames Centre range from C$1,825 to C$3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,100 to C$3,000. Four Bedroom Single-Family rentals are also available starting from C$2,550 and Four Bedroom Apartments start at C$979.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.