close
View Me
Rent Specials
$750 - $5,7404 to 6 Bedroom Apartments Available Sep 3
King Street Towers
333-339 King St NWaterloo, ON N2J 0C5
Cheap Apartments for Rent near Wellesley, ON from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Wellesley.
close
View Me
$795 - $820
Total Monthly Price
3 to 6 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$795 - $820
Total Monthly Price
$795 - $820
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
close
View Me
Rent Specials
$795 - $1,450Studio to 2 Bedroom Apartments Available Now
45-51 E Surrey St
45-51 E Surrey StGuelph, ON N1H 3P6
close
View Me
Rent Specials
$1,060 - $5,6505 Bedroom Apartments Contact Us For Availability
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
close
View Me
Rent Specials
$1,150 - $1,650Studio to 2 Bedroom Apartments Available Now
Studios on King
186 King StLondon, ON N6A 1C7
close
View Me
Rent Specials
$1,2001 Bedroom Apartments Available Now
1025 King St E
1025 King St ECambridge, ON N3H 3P5
close
View Me
Rent Specials
$1,260 - $1,665
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $1,665
Total Monthly Price
$1,260 - $1,665
The Weatherfield
650 Waterloo StLondon, ON N6B 2R4
close
View Me
Rent Specials
$1,280 - $2,095
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $2,095
Total Monthly Price
$1,280 - $2,095
The Dorchester
1231 Richmond StLondon, ON N6A 3L9
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.
close
View Me
Rent Specials
$1,394 - $2,3141 to 2 Bedroom Apartments Available Now
The HUB - 365 Albert
365 Albert StWaterloo, ON N2L 3V2
close
View Me
Rent Specials
$1,395 - $1,7951 to 2 Bedroom Apartments Available Now
Cedarwoods Tower
1 Cedarwoods CresKitchener, ON N2C 2L8
close
View Me
Rent Specials
$1,395 - $1,6501 Bedroom Apartments Available Now
123 King St
123 King StLondon, ON N6A 1C3
close
View Me
$1,399 - $1,819Studio to 2 Bedroom Apartments Available Now
Platts Crossing
251 - 261 Platts LaneLondon, ON N6H 4P4
close
View Me
Rent Specials
$1,399 - $1,5991 to 2 Bedroom Apartments Available Now
Oakland Avenue
232 Oakland AveLondon, ON N5W 4M5
close
View Me
Rent Specials
$1,405 - $1,7951 to 2 Bedroom Apartments Available Now
Capitol Hill Apartments
11 Overlea DrKitchener, ON N2M 5C8
close
View Me
Rent Specials
$1,406 - $2,9771 to 2 Bedroom Apartments Available Now
The HUB GEOWAVE
130 Columbia St WWaterloo, ON N2L 3V2
close
View Me
Rent Specials
$1,415 - $1,924
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,415 - $1,924
Total Monthly Price
$1,415 - $1,924
Kingswood Estates
262-320 Kingswood DrKitchener, ON N2E 2K2
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.
close
View Me
$1,415 - $2,015Studio to 2 Bedroom Apartments Available Now
Mooregate Apartments
50-80 Mooregate CresKitchener, ON N2M 5G1
close
View Me
$1,425 - $2,310Studio to 2 Bedroom Apartments Available Now
NUVO - 1442 Highland Road West
1442 Highland Rd WKitchener, ON N2N 0C9
close
View Me
Rent Specials
$1,452 - $2,4161 Bedroom Apartments Available Now
THE LINQ
258 Lester StWaterloo, ON N2L 0K3
close
View Me
$1,459 - $1,9991 to 2 Bedroom Apartments Available Now
Queen Margaret I
11 Margaret AvKitchener, ON N2H 6M4
close
View Me
Rent Specials
$1,465 - $2,199Studio to 3 Bedroom Apartments Available Now
Scenic Tower
470 Scenic DrLondon, ON N5Z 3B2
close
View Me
$1,475 - $2,425Studio to 3 Bedroom Apartments Available Now
Avenue Apartments
137 University Ave WWaterloo, ON N2L 3E5
close
View Me
Rent Specials
$1,495 - $2,145
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $2,145
Total Monthly Price
$1,495 - $2,145
The Whitehall
1265 Richmond StLondon, ON N6A 3M1
close
View Me
Rent Specials
$1,495 - $2,2501 to 3 Bedroom Apartments Available Now
Highpoint Kitchener
16 Cedarwoods CresKitchener, ON N2C 2L8
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.
close
View Me
Rent Specials
$1,499 - $2,0991 to 3 Bedroom Apartments Available Now
The Wynbrook
30 Campbell CtStratford, ON N5A 7H8
close
View Me
$1,500 - $2,975Studio to 3 Bedroom Apartments Available Now
Park Place
75-81 York StKitchener, ON N2G 1T6
119 University Av E
WaterlooONN2J 2W1
271 Lester St
WaterlooONN2L 3W6
158-1158 King St N
WaterlooONN2J 0E5
296 Patricia Av
KitchenerONN2M 1K1
close
View Me
$1,179 - $2,025Studio to 3 Bedroom Apartments
Kappele Circle
15-25 Kappele CirStratford, ON N5A 6X4
99 Westwood Dr
KitchenerONN2M 2K7
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.
close
View Me
$1,4971 Bedroom Apartments
605 Davenport Road
605 Davenport RdWaterloo, ON N2L 6H8
Showing Results 1-33, Page 1 of 1
Wellesley, ON Local Guide
How much does it cost to rent an apartment in Wellesley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wellesley Studio Apartments | $1,448 | $795 | $1,700 |
| Wellesley 1 Bedroom Apartments | $1,756 | $1,200 | $5,180 |
| Wellesley 2 Bedroom Apartments | $2,125 | $1,140 | $5,665 |
| Wellesley 3 Bedroom Apartments | $2,437 | $795 | $6,105 |
| Wellesley 4 Bedroom Apartments | $1,063 | $750 | $3,620 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Wellesley
See all Apartments in WellesleyExplore Wellesley
Wellesley, ON Local Guide
- Nearby Cities
Cheapest Available Wellesley Apartments for Rent and Nearby
The cheapest available apartment rental in Wellesley, ON is a Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. University Place - 50 University Ave E in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here is today’s list of the most affordable Wellesley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| The Weatherfield | 0 Beds, 1 Baths | Studio,1BA | $1,260 |
| The Dorchester | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,280 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,395 |
| 123 King St | 202 | 1BR,1BA | $1,395 |
| Platts Crossing | Studio | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Wellesley, ON and Nearby
As of July 13, 2026 the best value apartment in the Wellesley area is the $1.77 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,650. The second greatest value Wellesley apartment is the 2 Bedroom Model at Riverside Place starting at $1,849 with a $1.38 price per square foot in the Kitchener North East 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. |
|---|---|---|---|
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.77 |
| Riverside Place | 2 Bedroom | 2BR,1BA | $1.38 |
| Highpoint Kitchener | 3 Bed 1.5 Bath A | 3BR,1.5BA | $1.89 |
| Beechwood Apartments | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.79 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Oakland Avenue | 2 Bedroom (Type B) | 2BR,1BA | $1.73 |
| Park Place | One Bedroom | 1BR,1BA | $1.88 |
| Kingswell Towers | 1 Bedroom | 1BR,1BA | $1.86 |
| Queen Margaret I | 1 Bedroom | 1BR,1BA | $1.86 |
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 Article
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 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.
Let everyone know!
Do you know the Wellesley area?
If you’re an expert on all things Wellesley, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wellesley, ON Rentals by Map
See the most popular apartments and homes in Wellesley, ON
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 45-51 E Surrey St listed at $795.
How much is rent for a Cheap One Bedroom Wellesley Apartment?
The lowest price for a Cheap One Bedroom Wellesley Apartment is $1,200 at 45-51 E Surrey St.
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 $1,450 at 45-51 E Surrey St.
What is the most affordable Wellesley Three Bedroom Apartment?
The best deal on a cheap Wellesley Three Bedroom Apartment rental is at University Place - 50 University Ave E and starts from $795.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.
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.