Cheap Apartments for Rent in London, ON from $679 (119 Rentals)

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

property at 298 Egerton St

$1,099 - $1,599

1 To 2 Bedroom Rentals

Available Now

298 Egerton St

LondonONN5Z 2G7
property at 571 Adelaide St N

$1,099 - $1,225

Studio To 2 Bedroom Rentals

Available Now

571 Adelaide St N

LondonONN6B 3J7

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Dorchester
Rent Specials
$1,265 - $1,935
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $1,935
Total Monthly Price
$1,265 - $1,935
Studio to 3 Bedroom Apartments Available Now

The Dorchester

1231 Richmond StLondon, ON N6A 3L9
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The Weatherfield
Rent Specials
$1,265 - $1,523
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $1,523
Total Monthly Price
$1,265 - $1,523
Studio to 1 Bedroom Apartments Available Now

The Weatherfield

650 Waterloo StLondon, ON N6B 2R4
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 400 Sandringham Crescent

$1,320 - $2,150

Studio To 3 Bedroom Rentals

Available Now

Highland Village

400 Sandringham Crescent
LondonONN6C 5A8
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Canterbury Towers
Rent Specials
$1,330 - $1,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $1,830
Total Monthly Price
$1,330 - $1,830
Studio to 2 Bedroom Apartments Available Now

Canterbury Towers

760 Wonderland Rd SLondon, ON N6K 1M2
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 492 Springbank Dr

$1,395 - $1,580

1 To 2 Bedroom Rentals

Available Now

Springbank Manor

492 Springbank Dr
LondonONN6J 1H1
property at 23 McClary Ave

$1,395 - $1,595

1 To 2 Bedroom Rentals

Available Sep 1

23 McClary Ave

LondonONN6C 1P6
property at 727 Second St

$1,395 - $1,595

1 To 2 Bedroom Rentals

Available Now

Oxford Square

727 Second St
LondonONN5V 2B8

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Highland Park Apartments I/II
$1,399 - $1,5391 to 2 Bedroom Apartments Available Aug 31

Highland Park Apartments I/II

450-460 Highland AveLondon, ON N6C 5E1
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Parkdale Place
$1,399 - $1,9491 to 3 Bedroom Apartments Available Oct 1

Parkdale Place

1201 Richmond St NLondon, ON N6A 3L3
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Ridout Towers
$1,3991 to 2 Bedroom Apartments Available Sep 15

Ridout Towers

100 Ridout St SLondon, ON N6C 3X5
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459 Princess
$717 - $9771 to 2 Bedroom Apartments

459 Princess

459 Princess AveLondon, ON N6B 2B4
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455 Princess Ave
$797 - $8871 to 2 Bedroom Apartments

455 Princess Ave

455 Princess AveLondon, ON N6B 2B4
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The Winston
$1,199 - $1,549Studio to 2 Bedroom Apartments

The Winston

110 Grand AveLondon, ON N6C 1L7
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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London, ON Local Guide

Cheapest Available London Apartments for Rent

 

The cheapest available apartment rental in London, ON is a 1 Bed unit found at 145-175 Connaught Ave priced from $1,100. Blossom Gate has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
145-175 Connaught Ave1 Bed, 1 bath1BR,1BA$1,100
Blossom GateStudioStudio,1BA$1,100
435 Grey Street2 Beds, 1 Baths2BR,1BA$1,119
Studios on KingBachelorStudio,1BA$1,150
York Dale ApartmentsBachelor ApartmentStudio,1BA$1,175
Cove Side Residences1 Bedroom1BR,1BA$1,183
The Greystone1 Bedroom1BR,1BA$1,190
Dundas ApartmentsBachelor ApartmentStudio,1BA$1,195
The Winston1 Bedroom1BR,1BA$1,199
520-560 Mornington Avenue1 Bedroom1BR,1BA$1,199

Best Value Apartments for Rent in London, ON

As of August 29, 2026 the best value apartment in the London area is the $1.21 price per square foot 2 bed Model at Lord Nelson Apartments in the starting from $1,745. The second greatest value London apartment is the 2 Beds, 2 baths Model at Beaverbrook Towers I starting at $2,095 with a $1.53 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.
Lord Nelson Apartments2 bed2BR,1BA$1.21
Beaverbrook Towers I2 Beds, 2 baths2BR,2BA$1.53
110 Belmont Drive3 bedroom, 2 bath, with solarium3BR,2BA$1.47
695 Proudfoot LaneThe Rose2BR,2BA$1.40
918-922 Wonderland Road South3 bedroom, 1.5 bath, with balcony3BR,2BA$1.57
Highland Village2 Beds, 1 Baths2BR,1BA$1.41
520 Wellington Street2 bedroom, 1 bathroom, with balcony2BR,1BA$1.55
140 Cherryhill PlTwo Bedroom Suite2BR,1BA$1.53
The W London - Student Living4 Bedroom x 3 Bathroom4BR,3BA$0.84
520-560 Mornington Avenue1 Bedroom1BR,1BA$1.54

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore London, ON Rentals by Map

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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 Blossom Gate listed at $1,100.

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

The lowest price for a Cheap One Bedroom London Apartment is $1,100 at 145-175 Connaught Ave.

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 $1,119 at 435 Grey Street.

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at 939 Western and starts from $1,842.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.