The Merritt
1000 Niagara St,
Welland, ON L3C 1M6
Studio - 2 Beds | $1,601 - $2,500
Rental Market Trends in Welland, ON
Updated July 2026
The average rent in Welland, ON is $1,712/month.
$1,712/month
Average Rent
618 Sq Ft
Average Size
+3.2%
Change / Year
321
Available Apartments
Welland rent varies by unit size and layout:
- Studio apartments in Welland average $1,468 per month.
- One-bedroom apartments in Welland average $1,712 per month.
- Two-bedroom apartments in Welland average $2,032 per month.
- Three-bedroom apartments in Welland average $2,105 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Welland, ON?
In the past year, rent has increased by 3.2%, which averages out to $55 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Welland, ON
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
6%
$1,001 - $1,500/month
69%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Welland?
Based on current rent prices, Maple Park/Stop 19 is the most affordable neighbourhood in Welland.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Welland?
Based on current rent prices, Maple Park/Stop 19 is the most expensive neighbourhood in Welland.
Neighbourhood
Average Rent
Average Sq Ft
Which Welland neighbourhoods have the most rentals available?
The neighbourhood in Welland with the most apartments available is Maple Park/Stop 19 .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Welland, ON?
Because the average rent in Welland is $1,712, you’ll want to make about $5,706 per month or $68,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Welland, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Welland, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Welland Area GuideStudio
$1,459/month
$1,459/month
One Bedroom
$1,691/month
$1,691/month
Two Bedroom
$2,044/month
$2,044/month
Three Bedroom
$2,047/month
$2,047/month
Apartment Communities in Welland We Think You'll Love
Frequently Asked Questions
What is the average rent in Welland?
The average rent in Welland is $1,712 per month, which is 2.7% lower than the national average of $1,759.
What is the average rent for a house in Welland?
The average rent for a house in Welland, ON is $2,316 per month.
Are rents going up or down in Welland?
Rents in Welland, ON are increasing, with prices up 3.2% year-over-year and $55 more per month.
What rent range is most common in Welland?
In Welland, ON, 69% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.