Cheap Homes for Rent in Wellington North, ON from $500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Wellington North.

property at 407 Keats Way

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

5 Bedroom, 2.5 Bath Townhome for Rent

Available Now

407 Keats Way

WaterlooONN2L 5S7
property at 119 University Av E

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2.5 Bath Home for Rent

Available Now

119 University Av E

WaterlooONN2J 2W1
property at 271 Lester St

$750

5 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6
property at 257-257 Hemlock St

$1,500 - $1,550

Studio To 1 Bedroom Rentals

Available Jul 1

257-257 Hemlock St

WaterlooONN2L 0K2

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.

property at 132 Bridgeport Rd E

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jun 30

132 Bridgeport Rd E

WaterlooONN2J 2K4
property at 45 Bowen Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

45 Bowen Dr

GuelphONN1E 0C9
property at 258A Sunview St

$1,697 - $1,900

1 To 2 Bedroom Rentals

Available Sep 4

258A Sunview St

WaterlooONN2L 0H6
property at 258 Sunview St

$1,697 - $2,890

1 To 3 Bedroom Rentals

Available Now

258 Sunview St

WaterlooONN2L 0H7

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.

Wellington North, ON Local Guide

Cheapest Available Wellington North Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wellington North, 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 Wellington North apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45-51 E Surrey StStudioStudio,$795
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
Preston House5 Bedroom, 5 Bath5BR,5BA$1,150

Best Value Apartments for Rent in Wellington North, ON and Nearby

As of June 22, 2026 the best value apartment in the Wellington North 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 Wellington North apartment is the Two Bedroom Townhouse with private garage Model at Stoneglen Townhouses starting at $2,175 with a $1.55 price per square foot in the Guelph South neighborhood. Here is today’s list of the best values for Wellington North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
Stoneglen TownhousesTwo Bedroom Townhouse with private garage2BR,2BA$1.55
Riverside Place2 Bedroom2BR,1BA$1.38
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Preston House5 Bedroom, 5 Bath5BR,5BA$1.14
Parkside Tower2 Bedroom, 1 Bathroom2BR,1BA$1.98
Juniper Apartments2 Bedroom2BR,1BA$2.05
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$1.99
Beacon TowerOne Bedroom1BR,1BA$1.97
45-51 E Surrey St2 Bedrooms2BR,1BA$2.07

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.

Read Article
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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wellington North, ON Rentals by Map

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Frequently Asked Questions about Wellington North

What type of rentals are currently available in Wellington North?

There are currently 89 Apartments for Rent in Wellington North, ON with pricing that ranges from $750 to $5,740. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wellington North ranging from $500 to $3,800.

What is the current price range for Rental Homes in Wellington North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wellington North ranges from $500 to $3,800 with an average monthly rent of $2,031.

How much are larger Three and Four Bedroom Rentals in Wellington North?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wellington North range from $795 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $750.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.