Cheap Homes for Rent in London, ON from C$700 (42 Rentals)

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London, ON Local Guide

Cheapest Available London Apartments for Rent

 

The cheapest available apartment rental in London, ON is a Studio unit found at York Dale Apartments priced from C$1,175. Dundas Apartments has the second lowest priced unit, which is a Studio apartment currently listed from C$1,195. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
York Dale ApartmentsBachelor ApartmentStudio,1BAC$1,175
Dundas ApartmentsBachelor ApartmentStudio,1BAC$1,195
Somerville Place LoftsSmall One Bedroom Loft1BR,1BAC$1,195
1290 Huron StreetBachelor ApartmentStudio,1BAC$1,250
Preston ApartmentsBachelor ApartmentStudio,1BAC$1,250
Studios on KingBachelorStudio,1BAC$1,250
Huron Terrace ApartmentsOne Bedroom Apartment1BR,1BAC$1,255
Adelaide LoftsOne Bedroom Loft1BR,1BAC$1,295
120 Cherryhill PlBachelorStudio,1BAC$1,299
180 Cherryhill CirBachelorStudio,1BAC$1,299

Best Value Apartments for Rent in London, ON

As of April 10, 2025 the best value apartment in the London area is the C$1.17 price per square foot 2 bedroom Model at 1605 DyerDrive in the starting from C$2,049. The second greatest value London apartment is the 3 Bedroom Townhouse Model at 180 Mill Street starting at C$2,795 with a C$1.68 price per square foot . Here is today’s list of the best values for London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1605 DyerDrive2 bedroom2BR,2BAC$1.17
180 Mill Street3 Bedroom Townhouse3BR,2BAC$1.68
Westmount Estates I2 Beds, 2 baths2BR,2BAC$1.54
Fairmont Gardens TownhousesDeluxe Two Bedroom Townhouse Renovated2BR,1BAC$1.61
Manor House2 Bedroom2BR,1BAC$1.80
200 Westfield DrTwo Bedroom Suite2BR,1BAC$1.68
Springbank Apartments2 Bed 1 Bath C2BR,1BAC$1.60
Springbank Village2 Beds, 1 Baths2BR,1BAC$1.75
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BAC$1.77
Webster1 Bedroom1BR,1BAC$1.67

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Frequently Asked Questions about London

What type of rentals are currently available in London?

There are currently 534 Apartments for Rent in London, ON with pricing that ranges from C$904 to C$3,900. There are also 156 Single Family Homes for rent, Condos, and Townhome rentals currently available in London ranging from C$715 to C$5,700.

What is the current price range for Rental Homes in London?

Today's rental pricing for Homes for Rent, Condos and Townhomes in London ranges from C$715 to C$5,700 with an average monthly rent of C$2,538.

How much are larger Three and Four Bedroom Rentals in London?

For those who are looking for larger living arrangements, Three Bedroom Apartments in London range from C$1,094 to C$3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,750 to C$3,200. Four Bedroom Single-Family rentals are also available starting from C$715 and Four Bedroom Apartments start at C$904.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.