Cheap Apartments for Rent in London, ON from $700 (129 Rentals)

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

property at 358 Glebe St

$750 - $1,750

1 To 2 Bedroom Rentals

Available Now

358 Glebe St

LondonONN5W 3T1
property at 571 Adelaide St N

$1,099 - $1,225

Studio To 2 Bedroom Rentals

Available Now

571 Adelaide St N

LondonONN6B 3J7
property at 376 Richmond St

$1,199 - $1,550

Studio To 2 Bedroom Rentals

Available Now

376 Richmond St

LondonONN6A 3C7

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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property at 852 Kipps Ln

$1,275 - $1,595

Studio To 2 Bedroom Rentals

Available Now

852 Kipps Ln

LondonONN5Y 4S3
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Trillium Towers I/II
$1,310 - $1,6591 to 2 Bedroom Apartments Available Now

Trillium Towers I/II

680-690 Wonderland Rd NLondon, ON N6H 4V3
Cost Per Sq.Ft.
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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.

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364 Grey Street
Rent Specials
$1,347
Total Monthly Price

Total Monthly Price

Base Rent
$1,347
Total Monthly Price
$1,347
1 Bedroom Apartments Available Now

364 Grey Street

364 Grey StLondon, ON N6B 1G9
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property at 366 Oxford St W

$1,350 - $1,760

1 To 2 Bedroom Rentals

Available Now

366 Oxford St W

LondonONN6H 1T3

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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property at 1 Frontenac Rd

$1,395 - $1,700

1 To 2 Bedroom Rentals

Available Now

1 Frontenac Rd

LondonONN5Z 3X9
property at 501 Wilkins St

$1,395 - $2,240

1 To 3 Bedroom Rentals

Available Now

501 Wilkins St

LondonONN6C 5G2
property at 92 Clemens St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Mar 2

92 Clemens St

LondonONN5Y 1H6

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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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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Showing Results 1-50, Page 1 of 3

London, ON Local Guide

Cheapest Available London Apartments for Rent

 

The cheapest available apartment rental in London, ON is a Studio unit found at The Eleanor priced from $1,049. 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
The EleanorBachelorStudio,1BA$1,049
Blossom GateStudioStudio,1BA$1,100
435 Grey Street1 Beds, 1 Baths1BR,1BA$1,114
520-560 Mornington Avenue1 Bedroom1BR,1BA$1,119
Garden Vista0 Beds, 1 BathsStudio,1BA$1,125
Colony OneStudioStudio,1BA$1,181
St. James PlaceBachelorStudio,1BA$1,199
376 LoftsStudio, 1 bathStudio,1BA$1,199
York Dale ApartmentsOne Bedroom Apartment1BR,1BA$1,225
Sunset Manor1 Bedroom1BR,1BA$1,229

Best Value Apartments for Rent in London, ON

As of March 01, 2026 the best value apartment in the London area is the $1.60 price per square foot 2 Bedroom - 2A Model at 520 Talbot Street in the starting from $2,399. The second greatest value London apartment is the 2 Beds, 1 Baths Model at Highland Village starting at $1,735 with a $1.34 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.
520 Talbot Street2 Bedroom - 2A2BR,2BA$1.60
Highland Village2 Beds, 1 Baths2BR,1BA$1.34
The Gartshore2 Bedroom2BR,2BA$1.52
110 Belmont Drive2 bedroom, 2 bath, with solarium2BR,2BA$1.51
The W London4 Bedroom x 3 Bathroom4BR,3BA$1.17
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BA$1.62
Trillium Towers I/II2 Bedroom2BR,1BA$1.62
Springbank Apartments1 Bed 1 Bath D1BR,1BA$1.60
Four Seasons1 Bedroom1BR,1BA$1.61
520-560 Mornington Avenue1 Bedroom1BR,1BA$1.44

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 The Eleanor listed at $1,049.

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

The lowest price for a Cheap One Bedroom London Apartment is $1,099 at The Eleanor.

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 $1,225 at The Eleanor.

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at Blossom Gate and starts from $1,625.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.