Real Estate for Rent in Broadway, Welland, ON

Name: HOMEH Market Pulse — Broadway, Welland closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Welland

Broadway

family-friendly community-oriented affordable

Broadway is a quiet neighbourhood in Welland, Ontario. It offers a mix of residential homes and a friendly community atmosphere.

Median home price: $449,900 Median rent price: $1,763 Diverse housing options available Two elementary schools nearby Several parks and playgrounds

Broadway, Welland — HOMEH neighbourhood guide

Welland, Ontario

Day to dayLivability

Schools near listings

out of 10 · averaged over 74 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

$449,900

18% below Welland 37% below Ontario

In Broadway

$449,900

In Welland

$549,900

In Ontario

$714,900

Median monthly rent

$1,763/mo

11% below Welland 29% below Ontario

In Broadway

$1,763

In Welland

$1,973

In Ontario

$2,500

≈ 21.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $449,900

Houses 39 · Condos 13

For rent

Median $1,763

Condos 27 · Houses 10

Recently sold

Recently leased

Market data as of 2026-10-18. 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

Affordable compared to city averages
Family-friendly environment
Good access to schools
Community-focused with local amenities

Keep in mind

Limited public transit options
Higher rental strain for some residents

The feel of the placeLifestyle

Residents enjoy a relaxed lifestyle with local parks and schools. The area is suitable for families and those seeking a close-knit community.

Great for first-time buyers families those seeking affordability

Within the boundaryWhat's nearby

The boundary

10.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Counted across all 10.2 km² of Broadway. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

1.9/10

Average rating of the 1 rated school in this area

Elementary

St Augustine Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
1.9/10
2,950th of 3,045 Ontario elementary schools
185 students · EQAO 2024-2025
Sacred Heart Private School
Independent
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Broadway, 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

5,616

Population (2021)

5.0 km²

Area

1,115

People per km²

46.3

Median age

$64,153

Median income

55%

Own their home

2.2

People per household

2,665

Households

Every age

Children (under 15)14.2%
Working age (15–64)60.4%
Seniors (65+)25.4%

What is built here

Detached houses41.2%
Semi-detached14.2%
Townhouses11.3%
Duplexes5.4%
Low-rise apartments9%
High-rise apartments18%
Other attached homes1%

Own or rent

55%Owners

45%Renters

Across 2,665 households

When it was built

Mostly 1960 or earlier

1960 or earlier37%
1961–198027%
1981–199015%
1991–200010%
2001–20051%
2006–20103%
2011–20154%
2016–20212%

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.

10.6%
Born outside Canada: 10.8%
Hold a degree or higher: 46.5%
Employment rate: 0.8%
Commute by transit: 92.2%
Commute by car: 1.6
Children per family: $59,083
Median income after tax: $70,331
Average household income: 15%
Living on a low income: $1,008/mo
Renters pay, per month: $1,148/mo
Owners pay, per month: $423,635
Median home value at census: 25.9%
Renters spending 30%+ of income on housing: 13.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 9 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, HOMEH school registry, Photo: © Mapbox © OpenStreetMap

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Broadway actually rent for

42 homes were leased in Broadway over the 12 months to September 2026. Half leased above $2,016 and half below, 10.6% lower than the 12 months before. A typical home found its tenant in 43 days — 7 days slower than a year ago.

Median rent: $2,016; -10.6% year over year
Days to lease: 43; 7 days slower
Leases closed: 42; last 12 months
Rent per square foot: $1.93/mo; from 42 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.

$2,600$2,117$1,633$1,150

Dec ’23Nov ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,996/mo

on a $3,000 asking rent — under ask by $4

−10%Asking rent+10%

Of the asking rent: 99.9%
Leased over asking: 11.9%

From 42 leases that closed here in the last 12 months.

Rent or buy in Broadway

18.3 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$443,525

79 sales

Median rent

$2,016/mo

42 leases

Gross rental yield

5.45%

before costs

Both figures come from deals that actually closed in Broadway over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Broadway

A single median hides this: the mix of homes behind it, and what each kind costs.

42leases

Condo apartment$1,80011.9%
Other kinds, too few of each —88.1%

How fast it moves

Median days on market, month by month. Taller means slower.

Mar 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Broadway, rentals

Monthly closed leases in Broadway
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	8	$1,925	$1,799 – $2,059	33	99.0%
Aug 2026	7	$2,243	$1,700 – $2,500	66	101.9%
Jul 2026	3	Not enough leases this month to report a median
Jun 2026	4	Not enough leases this month to report a median
May 2026	3	Not enough leases this month to report a median
Apr 2026	5	$2,150	$2,000 – $2,400	98	100.0%
Mar 2026	5	$1,650	$1,250 – $2,100	41	100.0%
Feb 2026	3	Not enough leases this month to report a median
Jan 2026	2	Not enough leases this month to report a median
Dec 2025	2	Not enough leases this month to report a median
Sep 2025	3	Not enough leases this month to report a median
Aug 2025	4	Not enough leases this month to report a median
Jul 2025	3	Not enough leases this month to report a median
Jun 2025	5	$2,200	$2,150 – $2,300	32	100.0%
May 2025	7	$2,200	$2,000 – $2,238	15	100.0%
Apr 2025	6	$2,350	$1,638 – $2,350	28	100.0%
Mar 2025	2	Not enough leases this month to report a median
Feb 2025	1	Not enough leases this month to report a median
Jan 2025	3	Not enough leases this month to report a median
Dec 2024	5	$2,200	$2,195 – $2,250	46	100.0%
Nov 2024	4	Not enough leases this month to report a median
Oct 2024	6	$2,200	$2,050 – $2,274	26	100.0%
Sep 2024	3	Not enough leases this month to report a median
Aug 2024	2	Not enough leases this month to report a median
Jul 2024	3	Not enough leases this month to report a median
Jun 2024	9	$2,200	$2,100 – $2,300	17	100.0%
May 2024	1	Not enough leases this month to report a median
Apr 2024	3	Not enough leases this month to report a median
Mar 2024	5	$2,175	$2,000 – $2,200	85	100.0%
Jan 2024	2	Not enough leases this month to report a median
Dec 2023	1	Not enough leases this month to report a median

20 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 Broadway

How much does a home cost in Broadway?

Homes in Broadway sold for a median of $443,525 over the 12 months to September 2026, across 79 closed sales — half sold for more and half for less. That is 13.4% lower than the 12 months before it.

How long does it take to sell a home in Broadway?

A home in Broadway took a median of 55 days on the market over the 12 months to September 2026. Homes there closed at 96.1% of the asking price on average, with 6.3% selling over asking.

How much is rent in Broadway?

The median lease in Broadway closed at $2,016 a month over the 12 months to September 2026, across 42 leases.

Is it cheaper to rent or buy in Broadway?

A home in Broadway costs about 18.3 years of the rent on one — the median price of $443,525 against a median rent of $2,016 a month, a gross yield of 5.45%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Broadway 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.

Condos in Broadway

A condo here is its own market

30 condo apartments and 5 condo townhouses are on the market in Broadway right now. Too few have closed here in the last year for us to publish a median we would stand behind.