Real Estate for Rent in Downtown, Guelph, ON
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Neighbourhood in Guelph
Downtown
Downtown Guelph is a vibrant area with a mix of homes and amenities. It offers a lively atmosphere with various dining and shopping options.
At a glance
Listed 1 day ago
Unit 2, 116 Wyndham Street
Guelph (Downtown), ON N1H 4E8
MultiplexFor Rent
Listed 6 days ago
Unit 404, 55 Yarmouth Street
Guelph (Downtown), ON N1H 7R4
Condo ApartmentFor Rent
Listed 6 days ago
Unit A, 56 Yarmouth Street
Guelph (Downtown), ON N1H 4G3
MultiplexFor Rent
Listed 6 days ago
Unit A, 54 Yarmouth Street
Guelph (Downtown), ON N1H 4G3
MultiplexFor Rent
Day to dayLivability
6.4
Schools near listings
out of 10 · averaged over 481 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$802,000
In Downtown
$802,000
In Guelph
$699,900
In Ontario
$714,900
Median monthly rent
$2,175/mo
In Downtown
$2,175
In Guelph
$2,500
In Ontario
$2,500
≈ 30.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
29
Median $802,000
Condos 17 · Houses 12
For rent
20
Median $2,175
Houses 14 · Condos 6
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-19. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Walkable area with many amenities nearby
- Good access to schools and parks
- Diverse community with various age groups
- Strong rental market for investors
Keep in mind
- Housing prices are above the city median
- Higher rental prices compared to city average
The feel of the placeLifestyle
Life in Downtown Guelph is active and community-focused, with many local events and activities. Residents enjoy easy access to shops and services.
Within the boundaryWhat's nearby
The boundary
2.3 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
12
Parks
5
Playgrounds
1
Transit stations
8
Grocery stores
47
Restaurants
18
Cafés
1
Gyms
2
Libraries
4
Pharmacies
Counted across all 2.3 km² of Downtown. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
7.7/10
Average rating of the 2 rated schools in this area
4
Elementary
4
Secondary
Guelph Collegiate and Vocational Institute
Public · Grades 9–12 · Upper Grand DSB
8.2/108.1 over 5 yrs65th of 742 Ontario secondary schools
1,735 students · EQAO 2024-2025
Central Public School
Public · Grades JK–6 · Upper Grand DSB
7.2/106.8 over 5 yrs751st of 3,045 Ontario elementary schools
240 students · EQAO 2024-2025
Continuing Education
Catholic · Grades JK–12 · Wellington CDSB
Not rated
Guelph Montessori School
Independent
Not rated
New Way
Public · Grades 9–12 · Upper Grand DSB
Not rated
St John Bosco Catholic School
Catholic · Grades 9–12 · Wellington CDSB
Not rated
65 students
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Downtown, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
7,959
Population (2021)
2.1 km²
Area
3,735
People per km²
38.4
Median age
$75,808
Median income
41%
Own their home
2
People per household
4,005
Households
Every age
- Children (under 15)12.0%
- Working age (15–64)71.8%
- Seniors (65+)16.2%
What is built here
- Detached houses24.1%
- Semi-detached6.5%
- Townhouses4.1%
- Duplexes7%
- Low-rise apartments33.5%
- High-rise apartments24.3%
Own or rent
41%Owners
59%Renters
Across 4,005 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier54%
- 1961–198019%
- 1981–19907%
- 1991–20007%
- 2001–20052%
- 2006–20101%
- 2011–20155%
- 2016–20214%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 15%
- Born outside Canada
- 45.4%
- Hold a degree or higher
- 62%
- Employment rate
- 6.6%
- Commute by transit
- 69.2%
- Commute by car
- 1.6
- Children per family
- $67,155
- Median income after tax
- $101,313
- Average household income
- 12.8%
- Living on a low income
- $1,227/mo
- Renters pay, per month
- $1,538/mo
- Owners pay, per month
- $720,187
- Median home value at census
- 39.3%
- Renters spending 30%+ of income on housing
- 15.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 14 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap
What homes in Downtown actually rent for
42 homes were leased in Downtown over the 12 months to September 2026. Half leased above $2,219 and half below, 6.2% lower than the 12 months before. A typical home found its tenant in 29 days — 9 days quicker than a year ago.
- Median rent
- $2,219
- -6.2% year over year
- Days to lease
- 29
- 9 days quicker
- Leases closed
- 42
- last 12 months
- Rent per square foot
- $2.30/mo
- from 38 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,978/mo
on a $3,000 asking rent — under ask by $22
- Of the asking rent
- 99.3%
- Leased over asking
- 4.8%
From 42 leases that closed here in the last 12 months.
Rent or buy in Downtown
29.6 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$788,600
59 sales
Median rent
$2,219/mo
42 leases
Gross rental yield
3.38%
before costs
Both figures come from deals that actually closed in Downtown over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Downtown, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 5 | $2,300 | $1,895 – $2,800 | 22 | 98.4% |
| Aug 2026 | 6 | $2,100 | $2,025 – $2,438 | 15 | 100.0% |
| Jul 2026 | 7 | $1,995 | $1,643 – $2,598 | 31 | 100.0% |
| Jun 2026 | 1 | Not enough leases this month to report a median | |||
| May 2026 | 5 | $2,250 | $2,100 – $3,000 | 52 | 97.9% |
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 4 | Not enough leases this month to report a median | |||
| Feb 2026 | 3 | Not enough leases this month to report a median | |||
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Dec 2025 | 4 | Not enough leases this month to report a median | |||
| Nov 2025 | 5 | $2,500 | $2,200 – $2,600 | 20 | 100.0% |
| Sep 2025 | 8 | $1,995 | $1,985 – $2,300 | 74 | 100.0% |
| Aug 2025 | 5 | $2,500 | $2,300 – $2,700 | 13 | 100.0% |
| Jul 2025 | 6 | $2,550 | $2,300 – $3,171 | 37 | 100.0% |
| Jun 2025 | 8 | $2,500 | $2,200 – $3,075 | 34 | 100.0% |
| May 2025 | 3 | Not enough leases this month to report a median | |||
| Apr 2025 | 4 | Not enough leases this month to report a median | |||
| Mar 2025 | 4 | Not enough leases this month to report a median | |||
| Feb 2025 | 6 | $2,500 | $2,413 – $2,625 | 23 | 100.0% |
| Jan 2025 | 2 | Not enough leases this month to report a median | |||
| Dec 2024 | 4 | Not enough leases this month to report a median | |||
| Nov 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 5 | $2,100 | $2,000 – $2,400 | 55 | 100.0% |
| Sep 2024 | 8 | $2,500 | $2,425 – $2,825 | 29 | 100.0% |
| Aug 2024 | 11 | $2,450 | $2,450 – $2,625 | 42 | 100.0% |
| Jul 2024 | 3 | Not enough leases this month to report a median | |||
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 3 | Not enough leases this month to report a median | |||
| Mar 2024 | 2 | Not enough leases this month to report a median | |||
| Feb 2024 | 2 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
18 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Downtown
How much does a home cost in Downtown?
Homes in Downtown sold for a median of $788,600 over the 12 months to September 2026, across 59 closed sales — half sold for more and half for less. That is 6.1% higher than the 12 months before it.
How long does it take to sell a home in Downtown?
A home in Downtown took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 97.5% of the asking price on average, with 11.9% selling over asking.
How much is rent in Downtown?
The median lease in Downtown closed at $2,219 a month over the 12 months to September 2026, across 42 leases.
Is it cheaper to rent or buy in Downtown?
A home in Downtown costs about 29.6 years of the rent on one — the median price of $788,600 against a median rent of $2,219 a month, a gross yield of 3.38%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Downtown on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
22 condo apartments and 1 condo townhouse are on the market in Downtown right now. Too few have closed here in the last year for us to publish a median we would stand behind.