
Cheap Apartments for Rent in London, ON from $600 (97 Rentals)
Search the lowest-cost Apartments available for rent right now in London.


358 Glebe St

376 Central Ave

520-560 Mornington Avenue

The Eleanor

Highland Park Apartments I/II

571 Adelaide St N

Revo on King St

Blossom Gate

29 Craig St
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.

376 Richmond St

Ridout Towers

520 Wellington Street

Total Monthly Price
Studios on King

1560, 1570, 1580 Adelaide Street North

396 Queens Avenue

337 Boler Rd

530 PROUDFOOT LANE

Grand Avenue Apartments

26 Craig St
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.

Wyndfield Place Apartments

366-368 Oxford Street W Apartments

250 Oakland Avenue

Grosvenor Estates

Bradley Court I/II

120 Cherryhill Pl

190 Cherryhill Cir

Webster Apartments

498 Queens Avenue
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.

105 Cherryhill Blvd

848-852 Kipps Lane Apartments

Fiddlers West Apartments

Forest Hill

Fiddlers West Apartments

420 Central Avenue

Canterbury Towers

Berkshire Wonderland Apartments

695 Proudfoot Lane

Scenic Tower
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.

271 Platts Lane

Trillium Towers I/II

Platts Crossing

1889 Wavell St

459 Princess

455 Princess Ave

215-217 Hamilton Rd

Village Court Apartments London

699 Talbot St

Richmond Estate
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.
London, ON Local Guide
How much does it cost to rent an apartment in London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap London Studio Apartments | $1,359 | $1,049 | $1,599 |
| Cheap London 1 Bedroom Apartments | $1,701 | $650 | $2,870 |
| Cheap London 2 Bedroom Apartments | $2,145 | $1,225 | $7,200 |
| Cheap London 3 Bedroom Apartments | $2,750 | $1,599 | $7,300 |
| Cheap London 4 Bedroom Apartments | $1,609 | $895 | $3,500 |
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London, ON Local Guide
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Cheapest Available London Apartments for Rent
 The cheapest available apartment rental in London, ON is a 1 Bed unit found at 435 Grey Street priced from $960. 520-560 Mornington Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 435 Grey Street | 1 Beds, 1 Baths | 1BR,1BA | $960 |
| 520-560 Mornington Avenue | 1 Bedroom | 1BR,1BA | $999 |
| The Eleanor | Bachelor | Studio,1BA | $1,049 |
| Village Court Apartments London | Bachelor Apartment | Studio,1BA | $1,100 |
| Blossom Gate | Studio | Studio,1BA | $1,100 |
| Richmond Estate | Bachelor Apartment | Studio,1BA | $1,100 |
| Revo on King St | One Bedroom | 1BR,1BA | $1,100 |
| Somerville Place Lofts | Small One Bedroom Loft | 1BR,1BA | $1,195 |
| Dundas Apartments | Bachelor Apartment | Studio,1BA | $1,195 |
| The Winston | 1 Bedroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in London, ON
As of April 15, 2026 the best value apartment in the London area is the $1.64 price per square foot 2 Bedroom, 2.5 Bath Model at NorthWoods Village - 955 Catalpa Sq in the starting from $2,500. The second greatest value London apartment is the 3 bedroom, 2 bath, with solarium Model at 110 Belmont Drive starting at $1,997 with a $1.47 price per square foot . Here is today’s list of the best values for London apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| NorthWoods Village - 955 Catalpa Sq | 2 Bedroom, 2.5 Bath | 2BR,2.5BA | $1.64 |
| 110 Belmont Drive | 3 bedroom, 2 bath, with solarium | 3BR,2BA | $1.47 |
| 918-922 Wonderland Road South | 3 bedroom, 1.5 bath, with balcony | 3BR,2BA | $1.61 |
| Fairmont Gardens Townhouses | Two Bedroom Townhouse | 2BR,1BA | $1.61 |
| 746 Fanshawe Park Road East | 2 Bedroom | 2BR,1BA | $1.42 |
| 396 Queens Avenue | 2 Bedroom | 2BR,1BA | $1.62 |
| 520-560 Mornington Avenue | 2 Bedroom | 2BR,1BA | $1.30 |
| 543 Mornington Avenue & 135 Connaught Avenue | 2 Bedroom | 2BR,1BA | $1.63 |
| Webster Apartments | Renovated 1 Bedroom (1st floor) | 1BR,1BA | $1.66 |
| 435 Grey Street | 1 Beds, 1 Baths | 1BR,1BA | $1.48 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore London, ON Rentals by Map
See the most popular apartments and homes in London, ON
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 $960 at 435 Grey Street.
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 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.
