
Cheap Apartments for Rent in Wellesley, MA from $1,200 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Wellesley.


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

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

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

19 Union St

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

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

129 North Ave
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Rosemary Lake Apartments

20 Highland Terrace

51 Pettee St, Unit 13

270 Grove St, Unit 5

12 Lincoln Pl

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282 Grove St, Unit 9, Unit 9

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8 Mechanic St

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286 Grove St, Unit 3, Unit 3
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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53 Wyman St

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262 Lake Ave, Unit 3, Unit 3

63 Oak St

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19 Richardson Rd, Unit 19B, Unit 19B

Commonwealth Residences

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1024 Chestnut St, Unit 2A, Unit 2A

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1595 Commonwealth Ave

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16 Lafayette Rd
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

57 Eliot St

15 Church St

12 Lincoln St

Golda Meir House 62+ Senior Housing

Lincoln Street Apartments

250 Grove St

100 Rosemary Way, Unit 210, Unit 210
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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.

1932 Washington St

210 Hillside Ave
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 | $3,060 | $2,400 | $3,815 |
| Cheap Wellesley 1 Bedroom Apartments | $3,243 | $1,250 | $4,926 |
| Cheap Wellesley 2 Bedroom Apartments | $4,087 | $2,300 | $5,854 |
| Cheap Wellesley 3 Bedroom Apartments | $4,787 | $2,800 | $8,832 |
| Cheap Wellesley 4 Bedroom Apartments | $5,125 | $4,250 | $5,500 |
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 |
| The Kendrick | S2 | Studio,1BA | $2,590 |
| Natick Corner | One Bedroom | 1BR,1BA | $2,600 |
| The Aven at Newton Highlands | S1 | Studio,1BA | $2,607 |
Best Value Apartments for Rent in Wellesley, MA
As of May 08, 2026 the best value apartment in the Wellesley area is the $0.24 price per square foot 262 Lake Ave Model at 262 Lake Ave, Unit 3 in the in the Oak Hill neighborhood starting from $2,395. The second greatest value Wellesley apartment is the 2044 Beacon St Model at 2044 Beacon St, Unit 2 starting at $5,400 with a $0.54 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. |
|---|---|---|---|
| 262 Lake Ave, Unit 3 | 262 Lake Ave | 2BR,1BA | $0.24 |
| 2044 Beacon St, Unit 2 | 2044 Beacon St | 4BR,4BA | $0.54 |
| 1143 Beacon St, Unit #2 | 1143 Beacon St | 2BR,1BA | $0.27 |
| 282 Grove St, Unit 9 | 282 Grove St | 1BR,1BA | $0.23 |
| 286 Grove St, Unit 3 | 286 Grove St | 1BR,1BA | $0.24 |
| 27 Gammons Rd | 27 Gammons Rd | 5BR,4.5BA | $2.00 |
| 829 Chestnut St | 829 Chestnut St | 5BR,4.5BA | $2.36 |
| 2044 Beacon St, Unit 2 | 2044 Beacon St | 4BR,4BA | $2.75 |
| 23 Thurston Rd, Unit 1 | 23 Thurston Rd | 3BR,1.5BA | $2.40 |
| 27 Oakwood Rd, Unit 2 | 27 Oakwood Rd | 3BR,1BA | $2.50 |
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 $2,800 at Chestnut Hollow Apartments.
What is the most affordable Wellesley Three Bedroom Apartment?
The best deal on a cheap Wellesley Three Bedroom Apartment rental is at The Kendrick and starts from $5,400.
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

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