Cheap Homes for Rent in Thames Centre, ON from $500 (14 Rentals)

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

property at 407 Keats Way

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

5 Bedroom, 2.5 Bath Townhome for Rent

Available Now

407 Keats Way

WaterlooONN2L 5S7
property at 6 Heathcote Av

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

6 Heathcote Av

LondonONN6G 1V2
property at 271 Lester St

$750

5 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6
property at 1534 Western Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

1534 Western Rd

LondonONN6G 1H4
property at 908 Magdalena Crt

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

908 Magdalena Crt

KitchenerONN2E 0B3

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.

property at 1007 Adelaide St N

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

1 Bedroom, 1 Bath Home for Rent

Available Now

1007 Adelaide St N

LondonONN5Y 2M8
property at 520 Egerton St

$1,500 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,900

Total Monthly Price
$1,500 - $1,900

1 To 3 Bedroom Condos for Rent

Available Jun 15

520 Egerton St

LondonONN5W 3Z7
property at 516 Charlotte St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Jun 15

516 Charlotte St

LondonONN5W 4A4

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.

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 Studio unit found at The Eleanor priced from $1,049. Revo on King St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Thames Centre apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EleanorBachelorStudio,1BA$1,049
Revo on King StOne Bedroom1BR,1BA$1,100
Blossom GateStudioStudio,1BA$1,100
Studios on KingBachelorStudio,1BA$1,150
1025 King St E1 Bedroom1BR,1BA$1,200

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

As of June 10, 2026 the best value apartment in the Thames Centre area is the $1.60 price per square foot 2 Bedroom - 2A Model at 520 Talbot Street in the starting from $2,399. The second greatest value Thames Centre apartment is the 3 bedroom, 1.5 bathroom, with balcony Model at 520 Wellington Street starting at $1,950 with a $1.53 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.
520 Talbot Street2 Bedroom - 2A2BR,2BA$1.60
520 Wellington Street3 bedroom, 1.5 bathroom, with balcony3BR,2BA$1.53
White Oaks Gate2 Bedroom2BR,1BA$1.67
Cinque ApartmentsTwo Bed – 03 Style2BR,1BA$1.63
Stonehedge Towers2 Bedroom2BR,2BA$1.81
1560, 1570, 1580 Adelaide Street North2 Bedroom2BR,1BA$1.71
South Grand Apartments2 Bedroom2BR,1BA$1.69
543 Mornington Avenue & 135 Connaught Avenue2 Bedroom2BR,1BA$1.68
Webster ApartmentsRenovated 1 Bedroom1BR,1BA$1.75
520-560 Mornington Avenue1 Bedroom1BR,1BA$1.66

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

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Frequently Asked Questions about Thames Centre

What type of rentals are currently available in Thames Centre?

There are currently 106 Apartments for Rent in Thames Centre, ON with pricing that ranges from $799 to $3,895. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thames Centre ranging from $500 to $6,250.

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 $500 to $6,250 with an average monthly rent of $2,702.

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 $1,625 to $3,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,195. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $929.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.