Watson Park Apartments
144 Watson Rd N,
Guelph, ON N1E 0S4
$2,225 - $2,695
1-2 Beds
Rental Market Trends in Guelph, ON
What is the average rent in Guelph, ON?
$1,889/month
Average Rent
655 Sq Ft
Average Apartment Size
-3.3%
Decrease in the Last Year
As of May 2026, the average rent in Guelph, ON was $1,889/month. When you rent an apartment in Guelph, you can expect to pay as little as $1,539 to as much as $2,378, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Guelph, ON?
In the past year, rent has decreased by 3.3%, which averages out to $62 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025
2026
Rent Ranges in Guelph, ON
Last Updated May 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
4%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
56%
Above $2,000/month
Rent by Neighbourhood
Last Updated Today
What are the most affordable neighbourhoods in Guelph?
Based on current rent prices, Guelph West, Guelph South and Guelph South Central are the most affordable neighbourhoods in Guelph.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Guelph?
Based on current rent prices, Guelph East, Guelph South Central and Guelph South are the most expensive neighbourhoods in Guelph.
Neighbourhood
Average Rent
Average Sq Ft
Which Guelph neighbourhoods have the most rentals available?
The neighbourhoods in Guelph with the most apartments available are Guelph West, Guelph East and Guelph South .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Guelph, ON?
Because the average rent in Guelph is $1,889, you’ll want to make about $6,296 per month or $75,552 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 Guelph, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Guelph, 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.
Studio
$1,602/month
$843/month
One Bedroom
$1,775/month
$2,122/month
Two Bedroom
$2,127/month
$2,304/month
Three Bedroom
$2,553/month
$2,675/month
Nearby City Rent Trends
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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.