close
View Me
C$700 - C$895Studio to 1 Bedroom Apartments Available Now
45-51 E Surrey St
45-51 E Surrey StGuelph, ON N1H 3P6
Cheap Apartments for Rent in Wellesley, ON from C$600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Wellesley.
close
View Me
C$830 - C$6,0003 to 6 Bedroom Apartments Available Now
King Street Towers - Student Living
333-339 King St NWaterloo, ON N2J 0C5
close
View Me
C$1,115 - C$1,955Studio to 3 Bedroom Apartments Available Now
The Dorchester
1231 Richmond StLondon, ON N6A 3L9
close
View Me
C$1,179 - C$2,059Studio to 3 Bedroom Apartments Available Now
Kappele Circle
25 Kappele CirStratford, ON N5A 6X4
close
View Me
C$1,225 - C$6,4505 Bedroom Apartments Available Now
MyRez On Lester - Student Living
181 Lester StWaterloo, ON N2L 3W3
close
View Me
C$1,250 - C$1,650Studio to 2 Bedroom Apartments Available Now
Studios on King
186 King StLondon, ON N6A 1C7
close
View Me
C$1,300 - C$1,3951 to 2 Bedroom Apartments Contact Us For Availability
1025 King St E
1025 King St ECambridge, ON N3H 3P5
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.
close
View Me
C$1,399 - C$2,399Studio to 3 Bedroom Apartments Available Now
Platts Crossing
251 - 261 Platts LaneLondon, ON N6H 4P4
close
View Me
2 to 6 Bedroom Apartments
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
58 Bridgeport Rd E
WaterlooONN2J 2J9
271 Lester St
WaterlooONN2L 3W6
251 Lester St
WaterlooONN2L 3W6
253 Lester St
WaterlooONN2L 3W6
235 Raspberry Pl
WaterlooONN2V 0H3
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.
Showing Results 1-14, 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 | C$1,289 | C$700 | C$1,550 |
| Wellesley 1 Bedroom Apartments | C$1,984 | C$895 | C$2,795 |
| Wellesley 2 Bedroom Apartments | C$2,265 | C$1,350 | C$4,505 |
| Wellesley 3 Bedroom Apartments | C$2,514 | C$1,955 | C$4,365 |
| Wellesley 4 Bedroom Apartments | C$2,218 | C$830 | C$5,400 |
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 C$700. King Street Towers - Student Living in the Waterloo North East neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from C$830. 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 | Bachelor | Studio, | C$700 |
| King Street Towers - Student Living | 4 Bedroom/ 3 Bath | 4BR,3BA | C$830 |
| The Dorchester | 0 Bedroom, 1 Bathroom | Studio,1BA | C$1,115 |
| Kappele Circle | 25 Kappele Circle - Plan A | Studio,1BA | C$1,179 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2BA | C$1,225 |
Best Value Apartments for Rent in Wellesley, ON and Nearby
As of October 12, 2025 the best value apartment in the Wellesley area is the C$0.81 price per square foot 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living in the in the Waterloo North East neighborhood starting from C$1,225. The second greatest value Wellesley apartment is the 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale starting at C$2,650 with a C$1.77 price per square foot in the Waterloo North West 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. |
|---|---|---|---|
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2.5BA | C$0.81 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | C$1.77 |
| 250 Frederick St | Two Bedroom | 2BR,1BA | C$1.73 |
| Preston House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | C$1.27 |
| Gresham Place | 2 Bedroom | 2BR,1BA | C$1.85 |
| 130 & 140 Lincoln Road | Two Bedroom Apartment | 2BR,1BA | C$1.99 |
| Spurline Flats, Midtown Waterloo | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | C$1.97 |
| Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.46 |
| Kingswell Towers | 1 Bedroom | 1BR,1BA | C$1.98 |
| Queen Margaret I | 1 Bedroom | 1BR,1BA | C$2.00 |
Quick 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 C$700.
How much is rent for a Cheap One Bedroom Wellesley Apartment?
The lowest price for a Cheap One Bedroom Wellesley Apartment is C$1,450 at Studios on King.
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 C$1,405 at The Dorchester.
What is the most affordable Wellesley Three Bedroom Apartment?
The best deal on a cheap Wellesley Three Bedroom Apartment rental is at The Dorchester and starts from C$1,955.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.