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May 2026 · Centre Wellington
Average Rent in Centre Wellington — May 2026
8 confirmed residential leases in Centre Wellington in May 2026. Average rent $2,638/month. Mixed conditions across property types.
Avg Lease Price $2,638/mo
Median Lease $2,600/mo
Avg Asking $2,656/mo
Lease / Ask 99.3%
Leased Over Asking 0%
Avg DOM 18 days
Previous Months
Total Leased
8
all residential
Avg Lease Price
$2,638
per month
Median Lease
$2,600
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
0%
of all leases
Avg DOM
18
days on market
Lease Prices by Property Type
Centre Wellington · May 2026
💰 Lease Price Summary
Average Lease $2,638/mo
Median Lease $2,600/mo
Avg Asking Rent $2,656/mo
Lowest Lease $1,900
Highest Lease $4,000
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 87.5%
Leased under asking 12.5%
Avg Days on Market 18 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 12.5% under asking.
💰 Lease Price Summary
Average Lease $2,525/mo
Median Lease $2,525/mo
Avg Asking Rent $2,600/mo
Lowest Lease $2,200
Highest Lease $2,850
Lease / Ask Ratio 97.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 11 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 11 days on market.
💰 Lease Price Summary
Average Lease $3,233/mo
Median Lease $3,000/mo
Avg Asking Rent $3,233/mo
Lowest Lease $2,700
Highest Lease $4,000
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 20 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,517/mo
Median Lease $2,500/mo
Avg Asking Rent $2,567/mo
Lowest Lease $2,200
Highest Lease $2,850
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 10 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $1,925/mo
Median Lease $1,925/mo
Avg Asking Rent $1,925/mo
Lowest Lease $1,900
Highest Lease $1,950
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 27 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Guelph | $2,559 | $2,450 | 99.0% | 29d | ⚖️ Balanced |
| Wellington North | $2,500 | $2,500 | 100.0% | 47d | ⚖️ Balanced |
| Puslinch | $2,500 | $2,500 | 100.0% | 12d | ⚖️ Balanced |
Frequently Asked Questions
Centre Wellington · May 2026
The average confirmed lease in Centre Wellington was $2,638/month in May 2026,
based on 8 MLS® transactions. The median was
$2,600/month.
Condos averaged $2,525/mo, freehold averaged $3,233/mo, and townhouses averaged $2,517/mo.
Units in Centre Wellington took an average of 18 days to lease in May 2026.
Freehold rentals averaged 20 days while condos averaged 11 days.
In May 2026, condos averaged $2,525/month while freehold rentals averaged $3,233/month —
a difference of $708/month.
Centre Wellington averaged $2,638/month in May 2026. Guelph averaged $2,559/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Centre Wellington?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Centre Wellington, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
