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City in Ontario

Apartments & homes for rent in Welland

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

There are 142 rentals in Welland, ON, with a median rent of $1,973/mo. 32 are 1-bedroom apartments and units and 38 have 2 bedrooms.

family-friendly walkable affordable

55,750 people lived in Welland at the 2021 Census, in 23,610 households. 69% of households owned their home and 31% rented. The most common homes were single-detached houses (65%) and low-rise apartments (12%). 66% of homes were built before 1981, and 8% since 2011. 92% of commuters went to work by car and 1% by public transit.

Population of 52,293 Two parks available

Welland, Ontario

Welland Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 13,413 past and present listings

Average walk score reported on listings here

5.6

Schools near listings

out of 10 · averaged over 13,413 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

$549,950

23% below Ontario

In Welland

$549,950

In Ontario

$716,900

Median monthly rent

$1,973/mo

21% below Ontario

In Welland

$1,973

In Ontario

$2,499

$409

Per square foot

≈ 23.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

424

Median $549,950

Houses 398 · Condos 25

For rent

142

Median $1,973

Houses 106 · Condos 36

Recently sold

Recently leased

Market data as of 2026-08-16. 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 Ontario's median prices
Good walkability for daily activities
Variety of housing options available

Keep in mind

Limited public transit options
Few schools in the area

The feel of the placeLifestyle

Daily life in Welland is convenient with parks for outdoor activities. The area is suitable for those who enjoy walking.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

84.5 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

Libraries

Pharmacies

Counted across all 84.5 km² of Welland. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.7/10

Average rating of the 22 rated schools in this area

Elementary

Secondary

St Kevin Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
7.2/105.8 over 5 yrs
751st of 3,045 Ontario elementary schools
390 students · EQAO 2024-2025
Princess Elizabeth Public School
Public · Grades JK–8 · DSB Niagara
7.0/106.7 over 5 yrs
888th of 3,045 Ontario elementary schools
465 students · EQAO 2024-2025
École élémentaire Nouvel Horizon
Public · French · Grades JK–6 · Conseil scolaire Viamonde
7.0/106.0 over 5 yrs
888th of 3,045 Ontario elementary schools
175 students · EQAO 2024-2025
Fitch Street Public School
Public · Grades JK–8 · DSB Niagara
6.9/106.9 over 5 yrs
963rd of 3,045 Ontario elementary schools
510 students · EQAO 2024-2025
École secondaire Franco-Niagara
Public · French · Grades 9–12 · Conseil scolaire Viamonde
6.8/10
254th of 742 Ontario secondary schools
120 students · EQAO 2024-2025
Glendale Public School
Public · Grades JK–8 · DSB Niagara
6.7/107.0 over 5 yrs
1,101st of 3,045 Ontario elementary schools
360 students · EQAO 2024-2025

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

55,750

Population (2021)

81.2 km²

Area

687

People per km²

45.4

Median age

$75,933

Median income

69%

Own their home

2.4

People per household

23,610

Households

Every age

Children (under 15)14.9%
Working age (15–64)62.1%
Seniors (65+)23.0%

What is built here

Detached houses64.5%
Semi-detached7.1%
Townhouses4.5%
Duplexes4.6%
Low-rise apartments12.4%
High-rise apartments6.3%

Own or rent

69%Owners

31%Renters

Across 23,610 households

When it was built

Mostly 1960 or earlier

1960 or earlier37%
1961–198029%
1981–199010%
1991–20009%
2001–20054%
2006–20103%
2011–20154%
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.

11.9%
Born outside Canada: 14.2%
Hold a degree or higher: 48.4%
Employment rate: 0.8%
Commute by transit: 92.3%
Commute by car: 1.7
Children per family: $68,041
Median income after tax: $86,704
Average household income: 12.1%
Living on a low income: $1,117/mo
Renters pay, per month: $1,133/mo
Owners pay, per month: $500,613
Median home value at census: 33.5%
Renters spending 30%+ of income on housing: 12.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 91 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: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What Rent Costs in Welland

441 homes were leased in Welland over the 12 months to September 2026. Half leased above $2,186 and half below, 4.6% lower than the 12 months before. A typical home found its tenant in 36 days — 6 days slower than a year ago.

Median rent: $2,186; -4.6% year over year
Days to lease: 36; 6 days slower
Leases closed: 441; last 12 months
Rent per square foot: $1.56/mo; from 401 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.

$2,678$2,300$1,922$1,544

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12%

From 441 leases that closed here in the last 12 months.

Rent or buy in Welland

20.2 years

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

Median sold price

$529,791

744 sales

Median rent

$2,186/mo

441 leases

Gross rental yield

4.95%

before costs

Both figures come from deals that actually closed in Welland 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 Welland

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

441leases

Detached$2,25242.4%
Freehold town$2,25819.5%
Multiplex$1,6737.3%
Semi-detached$2,2213.9%
Condo town$2,1752.3%
Condo apartment$1,7981.4%
Other kinds, too few of each —23.2%

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Welland, rentals

Monthly closed leases in Welland
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	40	$2,100	$1,795 – $2,500	31	100.0%
Aug 2026	41	$2,200	$1,725 – $2,400	34	100.0%
Jul 2026	47	$2,250	$1,800 – $2,350	38	100.0%
Jun 2026	46	$2,200	$1,623 – $2,400	30	100.0%
May 2026	32	$2,200	$1,825 – $2,463	47	100.0%
Apr 2026	41	$2,150	$1,700 – $2,350	44	100.0%
Mar 2026	32	$2,150	$1,800 – $2,313	44	100.0%
Feb 2026	41	$2,099	$1,795 – $2,400	34	100.0%
Jan 2026	28	$2,200	$1,799 – $2,525	35	100.0%
Dec 2025	31	$2,200	$2,000 – $2,375	36	100.0%
Nov 2025	29	$2,200	$2,000 – $2,400	25	100.0%
Oct 2025	33	$2,300	$1,800 – $2,550	28	100.0%
Sep 2025	34	$2,275	$2,100 – $2,400	30	100.0%
Aug 2025	26	$2,350	$1,800 – $2,438	26	100.0%
Jul 2025	35	$2,150	$1,800 – $2,450	25	100.0%
Jun 2025	43	$2,200	$1,825 – $2,500	22	100.0%
May 2025	44	$2,399	$2,200 – $2,500	22	100.0%
Apr 2025	31	$2,350	$2,138 – $2,600	27	100.0%
Mar 2025	40	$2,225	$1,988 – $2,396	43	100.0%
Feb 2025	31	$2,250	$1,950 – $2,450	39	100.0%
Jan 2025	31	$2,300	$1,975 – $2,488	34	100.0%
Dec 2024	27	$2,400	$2,225 – $2,500	41	100.0%
Nov 2024	26	$2,350	$2,200 – $2,500	31	100.0%
Oct 2024	34	$2,300	$2,013 – $2,475	25	100.0%
Sep 2024	36	$2,375	$1,988 – $2,463	35	100.0%
Aug 2024	51	$2,300	$1,925 – $2,500	31	100.0%
Jul 2024	44	$2,250	$1,788 – $2,500	42	100.0%
Jun 2024	48	$2,325	$2,150 – $2,463	46	100.0%
May 2024	41	$2,350	$2,200 – $2,500	45	100.0%
Apr 2024	36	$2,300	$2,100 – $2,500	55	100.0%
Mar 2024	28	$2,275	$2,169 – $2,500	47	100.0%
Feb 2024	18	$2,300	$2,163 – $2,425	51	100.0%
Jan 2024	36	$2,300	$2,100 – $2,450	44	100.0%
Dec 2023	17	$2,350	$2,198 – $2,450	32	100.0%
Nov 2023	21	$2,200	$1,950 – $2,450	27	100.0%
Oct 2023	27	$2,300	$2,200 – $2,475	29	100.0%

What people ask about Welland

How much is rent in Welland?

The median lease in Welland closed at $2,186 a month over the 12 months to September 2026, across 441 leases.

Compiled by HOMEH from leases reported closed in Welland 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.

Questions, answered

Common questions about apartments & homes for rent in Welland

What is the average rent in Welland?

The median rent of the 142 rentals in Welland is $1,973/mo, from $1,250 to $5,750 a month.

Houses for rent in Welland

How much is a 1-bedroom apartment in Welland?

32 1-bedroom rentals are listed in Welland, with a median rent of $1,623/mo.

Condos for rent in Welland

How much is a 2-bedroom apartment in Welland?

38 2-bedroom rentals are listed in Welland, with a median rent of $1,820/mo.

Condos for rent in Welland

Keep looking

More Apartments & Homes for Rent in Welland

142 homes are for rent in Welland. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.