Cheap Apartments for Rent in London, ON from C$700 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in London.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 174 King St

174 King St

LondonONN6A 1C6
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459 Princess
1 to 2 Bedroom Apartments

459 Princess

459 Princess AveLondon, ON N6B 2B4
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455 Princess Ave
1 to 2 Bedroom Apartments

455 Princess Ave

455 Princess AveLondon, ON N6B 2B4
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Richmond Estate
Studio to 2 Bedroom Apartments

Richmond Estate

337 Richmond StLondon, ON N6A 3C2
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135 Belmont Dr
1 Bedroom Apartments

135 Belmont Dr

135 Belmont DrLondon, ON N6J 4J3
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Gardenwood Towers
Studio to 2 Bedroom Apartments

Gardenwood Towers

155 Gardenwood DrLondon, ON N6J 0A8
  • Utilities Included
  • Smoke Free
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Springbank Village
1 to 3 Bedroom Apartments

Springbank Village

914 Wonderland Rd SLondon, ON N6K 2V8

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Dundas Apartments
Studio to 2 Bedroom Apartments

Dundas Apartments

470 Dundas StLondon, ON N6B 1W3
  • Utilities Included
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Adelaide Lofts
1 to 2 Bedroom Apartments

Adelaide Lofts

430 Adelaide St NLondon, ON N6B 3P7
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35 Waterman Av
3 Bedroom Apartments

35 Waterman Av

35 Waterman AvLondon, ON N6C 5T9
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337 Boler Road
1 Bedroom Apartments

337 Boler Road

337 Boler RdLondon, ON N6K 2K4
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1290 Huron Street
Studio to 2 Bedroom Apartments

1290 Huron Street

1290 Huron StLondon, ON N5Y 4M2
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Preston Apartments
Studio to 2 Bedroom Apartments

Preston Apartments

1302 Huron StLondon, ON N5Y 4M3

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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180 Cherryhill Cir
Studio to 2 Bedroom Apartments

180 Cherryhill Cir

180 Cherryhill CirLondon, ON N6H 4M5
  • Utilities Included

London, ON Local Guide

Cheapest Available London Apartments for Rent

 

The cheapest available apartment rental in London, ON is a Studio unit found at Richmond Estate priced from C$995. 520-560 Mornington Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,027. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Richmond EstateDorm SuiteStudio,1BAC$995
520-560 Mornington Avenue1 Bedroom1BR,1BAC$1,027
Grand Avenue ApartmentsBachelor ApartmentStudio,1BAC$1,195
Somerville Place LoftsSmall One Bedroom Loft1BR,1BAC$1,195
Dundas ApartmentsBachelor ApartmentStudio,1BAC$1,195
The Eleanor1 Bed1BR,1BAC$1,199
Studios on KingBachelorStudio,1BAC$1,250
Royal York Road Apartments0 Beds, 1 BathsStudio,1BAC$1,270
Village Court Apartments LondonOne Bedroom Apartment1BR,1BAC$1,295
Huron Terrace ApartmentsOne Bedroom Apartment1BR,1BAC$1,295

Best Value Apartments for Rent in London, ON

As of July 15, 2025 the best value apartment in the London area is the C$1.62 price per square foot 3 Bedroom Townhouse Model at 180 Mill Street in the starting from C$2,695. The second greatest value London apartment is the 1C Model at 520 Talbot Street starting at C$2,099 with a C$1.69 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.
180 Mill Street3 Bedroom Townhouse3BR,2BAC$1.62
520 Talbot Street1C1BR,1BAC$1.69
Fairmont Gardens TownhousesTwo Bedroom Townhouse2BR,1BAC$1.69
200 Westfield DrTwo Bedroom Suite2BR,1BAC$1.68
Springbank Village2 Beds, 1 Baths2BR,1BAC$1.77
520-560 Mornington Avenue2 Bedroom2BR,1BAC$1.35
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BAC$1.73
Webster ApartmentsRenovated 1 Bedroom1BR,1BAC$1.78
Platts Crossing1 Bedroom Large1BR,1BAC$1.82
135 Connaught2 Bedroom2BR,1BAC$1.86

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Frequently Asked Questions about Cheap London Apartments

What is the Cheapest Studio apartment in London?

Currently the most affordable Cheap Studio Apartment in London is at Richmond Estate listed at C$995.

How much is rent for a Cheap One Bedroom London Apartment?

The lowest price for a Cheap One Bedroom London Apartment is C$1,027 at 520-560 Mornington Avenue.

What is the lowest price for a Cheap Two Bedroom London Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in London is starting from C$1,370 at 520-560 Mornington Avenue.

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at Revo on King St and starts from C$1,825.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.