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$750 - $5,7404 to 6 Bedroom Apartments Available Now
King Street Towers
333-339 King St NWaterloo, ON N2J 0C5
Cheap Apartments for Rent in Wellesley, ON from $600 (32 Rentals)
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$795 - $820
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3 to 6 Bedroom Apartments Available NowTotal Monthly Price
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$795 - $820
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$795 - $820
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
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$795 - $1,450Studio to 2 Bedroom Apartments Available Now
45-51 E Surrey St
45-51 E Surrey StGuelph, ON N1H 3P6
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$1,060 - $5,6505 Bedroom Apartments Contact Us For Availability
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
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$1,150 - $1,650Studio to 2 Bedroom Apartments Available Now
Studios on King
186 King StLondon, ON N6A 1C7
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$1,2001 to 2 Bedroom Apartments Available Now
1025 King St E
1025 King St ECambridge, ON N3H 3P5
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$1,260 - $1,665
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,260 - $1,665
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$1,260 - $1,665
The Weatherfield
650 Waterloo StLondon, ON N6B 2R4
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$1,280 - $2,095
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Studio to 3 Bedroom Apartments Available Jun 1Total Monthly Price
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$1,280 - $2,095
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$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.
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$1,290 - $2,012
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$1,290 - $2,012
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$1,290 - $2,012
Kingswood Estates
262-320 Kingswood DrKitchener, ON N2E 2K2
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$1,299 - $2,199Studio to 2 Bedroom Apartments Available Now
Platts Crossing
251 - 261 Platts LaneLondon, ON N6H 4P4
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$1,395 - $1,6501 Bedroom Apartments Available Now
123 King St
123 King StLondon, ON N6A 1C3
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$1,399 - $2,299Studio to 3 Bedroom Apartments Available Now
Scenic Tower
470 Scenic DrLondon, ON N5Z 3B2
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$1,415 - $2,015Studio to 2 Bedroom Apartments Available Now
Mooregate Apartments
50-80 Mooregate CresKitchener, ON N2M 5G1
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$1,425 - $2,310Studio to 2 Bedroom Apartments Available Now
NUVO - 1442 Highland Road West
1442 Highland Rd WKitchener, ON N2N 0C9
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$1,465 - $1,8651 to 2 Bedroom Apartments Available Now
Cedarwoods Tower
1 Cedarwoods CresKitchener, ON N2C 2L8
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$1,475 - $2,425Studio to 3 Bedroom Apartments Available Now
Avenue Apartments
137 University Ave WWaterloo, ON N2L 3E5
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.
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$1,479 - $2,2991 to 3 Bedroom Apartments Available Now
Gresham Place
2969 Kingsway DrKitchener, ON N2C 2H7
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$1,480 - $1,8951 to 2 Bedroom Apartments Available Now
Capitol Hill Apartments
11 Overlea DrKitchener, ON N2M 5C8
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$1,495 - $2,145
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$1,495 - $2,145
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The Whitehall
1265 Richmond StLondon, ON N6A 3M1
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$1,500 - $2,975Studio to 3 Bedroom Apartments Available Jul 1
Park Place
75-81 York StKitchener, ON N2G 1T6
407 Keats Way
WaterlooONN2L 5S7
119 University Av E
WaterlooONN2J 2W1
271 Lester St
WaterlooONN2L 3W6
16 Marshall St
WaterlooONN2J 2T2
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.
158-1158 King St N
WaterlooONN2J 0E5
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$1,179 - $2,025Studio to 3 Bedroom Apartments
Kappele Circle
15-25 Kappele CirStratford, ON N5A 6X4
608 Woolgrass Ave
WaterlooONN2V 2X8
608 Woolgrass Ave
WaterlooONN2V 2X8
99 Westwood Dr
KitchenerONN2M 2K7
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$1,450 - $1,899Studio to 2 Bedroom Apartments
250 Frederick St
250 Frederick StKitchener, ON N2H 2N1
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$1,4971 Bedroom Apartments
605 Davenport Road
605 Davenport RdWaterloo, ON N2L 6H8
67 Karen Walk
WaterlooONN2L 5X1
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.
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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 | $1,411 | $795 | $1,699 |
| Wellesley 1 Bedroom Apartments | $1,966 | $1,200 | $5,180 |
| Wellesley 2 Bedroom Apartments | $2,178 | $1,240 | $5,665 |
| Wellesley 3 Bedroom Apartments | $2,472 | $795 | $6,105 |
| Wellesley 4 Bedroom Apartments | $1,101 | $750 | $3,620 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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See all Apartments in WellesleyExplore Wellesley
Wellesley, ON Local Guide
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Cheapest Available Wellesley Apartments for Rent and Nearby
The cheapest available apartment rental in Wellesley, ON is a 5 Beds unit found at Preston House in the Waterloo North East neighborhood priced from $749. King Street Towers in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $750. Here is today’s list of the most affordable Wellesley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $749 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| 45-51 E Surrey St | Studio | Studio, | $795 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Platts Crossing | Studio | Studio,1BA | $1,299 |
| Mooregate Apartments | Studio, 1 Bathroom | Studio,1BA | $1,415 |
| NUVO - 1442 Highland Road West | Studio | Studio,1BA | $1,425 |
| 250 Frederick St | Bachelor | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Wellesley, ON and Nearby
As of May 27, 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 3 Bedroom Model at Riverside Place starting at $2,099 with a $1.57 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 | 3 Bedroom | 3BR,1BA | $1.57 |
| King Street Towers | 5 Bedroom/ 5 Bath Tower 1 | 5BR,5BA | $0.85 |
| 520 Parkside Dr | Three Bedroom Apartment | 3BR,1.5BA | $1.96 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.74 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| 295 Willow St | Two Bedroom Apartment | 2BR,1BA | $1.98 |
| Kingswell Towers | 1 Bedroom | 1BR,1BA | $1.86 |
| Gresham Place | 1 Bedroom | 1BR,1BA | $1.75 |
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.
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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.
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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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.