
Cheap Apartments for Rent in Wellesley, MA from $1,600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Wellesley.


Ardemore At Wellesley

Room in Shared 5 bed/2.5 bath home, Unit C

Room in Shared 5 bed/2.5 bath home, Unit B

Room in Shared 5 bed/2 bath home, Unit D

Room in Shared 5 bed/2.5 bath home, Unit D

Room in Shared 5 bed/2.5 bath home, Unit A

25 Church St

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Rosemary Lake Apartments
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

18 Lincoln St, Unit 2

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287 Elliot St, Unit 287-12

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287 Elliot St, Unit 11

256 Commonwealth Rd, Unit 2

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198 Concord St, Unit 16

31 Auburn St

63 Oak St

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373 Lexington St, Unit 1

Commonwealth Residences
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.

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1024 Chestnut St, Unit 2A

66 Spring Rd

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The Kendrick

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Natick Corner

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The Aven at Newton Highlands

22 High St

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268 Grove St, Unit U10

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8-8A Owatonna St, Unit 8A

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9 Keefe Ave, Unit 1
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.

Concord Street Apartments

61-63-63 Newell Rd

57 Eliot St

10 Lincoln St

Golda Meir House 62+ Senior Housing

Lincoln Street Apartments

1932 Washington St

Woodland Park

210 Hillside Ave
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.

116 Floral St

15 Oak St
Wellesley, MA Local Guide

How much does it cost to rent an apartment in Wellesley?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Wellesley Studio Apartments | $3,034 | $2,400 | $3,865 |
| Cheap Wellesley 1 Bedroom Apartments | $3,244 | $1,625 | $4,926 |
| Cheap Wellesley 2 Bedroom Apartments | $4,083 | $2,400 | $6,078 |
| Cheap Wellesley 3 Bedroom Apartments | $4,810 | $3,000 | $7,926 |
| Cheap Wellesley 4 Bedroom Apartments | $5,037 | $4,200 | $6,300 |
Browse Top Apartments in Wellesley
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Wellesley, MA Local Guide
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Cheapest Available Wellesley Apartments for Rent
 The cheapest available apartment rental in Wellesley, MA is a 1 Bed unit found at Lincoln Street Apartments in the Oak Hill neighborhood priced from $2,250. Commonwealth Residences in the Historic District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,400. Here is today’s list of the most affordable Wellesley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Street Apartments | A1M | 1BR,1BA | $2,250 |
| Commonwealth Residences | Studio | Studio,1BA | $2,400 |
| Natick Corner | One Bedroom | 1BR,1BA | $2,600 |
| Woodland Park | 2 Bedroom | 2BR,1BA | $2,600 |
| Chestnut Hollow Apartments | 2 Bedroom Senior Apartment | 2BR,1BA | $2,800 |
Best Value Apartments for Rent in Wellesley, MA
As of June 22, 2026 the best value apartment in the Wellesley area is the $2.00 price per square foot 27 Gammons Rd Model at 27 Gammons Rd in the in the Wellesley Hills neighborhood starting from $12,000. The second greatest value Wellesley apartment is the 282 Melrose St Model at 282 Melrose St, Unit 282 Melrose Street Newton starting at $4,150 with a $2.44 price per square foot in the Wellesley Hills neighborhood. Here is today’s list of the best values for Wellesley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 27 Gammons Rd | 27 Gammons Rd | 5BR,4.5BA | $2.00 |
| 282 Melrose St, Unit 282 Melrose Street Newton | 282 Melrose St | 2BR,1BA | $2.44 |
| 20 Oak Ter | 20 Oak Ter | 3BR,2BA | $3.06 |
| 23 Thurston Rd, Unit 1 | 23 Thurston Rd | 3BR,1.5BA | $2.40 |
| 44 High St, Unit 1 | 44 High St | 4BR,2BA | $3.04 |
| 9 Keefe Ave, Unit 1 | 9 Keefe Ave | 2BR,1BA | $2.00 |
| 9 Keefe Ave | 9 Keefe Ave | 2BR,1BA | $2.44 |
| 1056 Beacon St, Unit 1 | 1056 Beacon St | 2BR,2BA | $3.15 |
| 287 Elliot St, Unit 287-12 | 287 Elliot St | 1BR,1BA | $2.10 |
| Charles River Landing | Plan B (A1B) | 1BR,1BA | $3.13 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon'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 ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
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.
Best Local Schools in Wellesley, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wellesley, MA Rentals by Map
See the most popular apartments and homes in Wellesley, MA
Frequently Asked Questions about Cheap Wellesley Apartments
What is the Cheapest Studio apartment in Wellesley?
Currently the most affordable Cheap Studio Apartment in Wellesley is at Commonwealth Residences listed at $2,400.
How much is rent for a Cheap One Bedroom Wellesley Apartment?
The lowest price for a Cheap One Bedroom Wellesley Apartment is $2,250 at Lincoln Street Apartments.
What is the lowest price for a Cheap Two Bedroom Wellesley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wellesley is starting from $2,600 at Woodland Park.
What is the most affordable Wellesley Three Bedroom Apartment?
The best deal on a cheap Wellesley Three Bedroom Apartment rental is at 45 E. Central St. and starts from $5,200.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
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Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.