Cheap Apartments for Rent in London, ON from $600 (103 Rentals)

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

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 358 Glebe St

$1,175 - $1,750

1 To 2 Bedroom Rentals

Available Now

358 Glebe St

LondonONN5W 3T1

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.

property at 376 Richmond St

$1,199 - $1,299

Studio To 1 Bedroom Rentals

Available Now

376 Richmond St

LondonONN6A 3C7
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The Weatherfield
Rent Specials
$1,260 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $1,665

Total Monthly Price
$1,260 - $1,665
Studio to 2 Bedroom Apartments Available Now

The Weatherfield

650 Waterloo StLondon, ON N6B 2R4
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The Dorchester
Rent Specials
$1,280 - $2,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $2,095

Total Monthly Price
$1,280 - $2,095
Studio to 3 Bedroom Apartments Available Jun 1

The Dorchester

1231 Richmond StLondon, ON N6A 3L9
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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.

property at 492 Springbank Dr

$1,325 - $1,575

Studio To 2 Bedroom Rentals

Available Now

Springbank Manor

492 Springbank Dr
LondonONN6J 1H1
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Ridout Towers
Rent Specials
$1,329 - $1,5991 to 2 Bedroom Apartments Available Jun 1

Ridout Towers

100 Ridout St SLondon, ON N6C 3X5
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Canterbury Towers
Rent Specials
$1,330 - $1,830
Total Monthly Price

Total Monthly Price

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$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
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Trillium Towers I/II
$1,349 - $1,7591 to 2 Bedroom Apartments Available Now

Trillium Towers I/II

680-690 Wonderland Rd NLondon, ON N6H 4V3
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Parkdale Place
$1,349 - $1,9991 to 3 Bedroom Apartments Available Jun 4

Parkdale Place

1201 Richmond St NLondon, ON N6A 3L3
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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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Highland Park Apartments I/II
$1,379 - $1,5791 to 2 Bedroom Apartments Available Jun 1

Highland Park Apartments I/II

450-460 Highland AveLondon, ON N6C 5E1
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property at 1 Frontenac Rd

$1,395 - $1,595

1 To 2 Bedroom Rentals

Available Now

Frontenac Apartments

1 Frontenac Rd
LondonONN5Z 3X9

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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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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435 Grey Street
$960 - $1,615Studio to 2 Bedroom Apartments

435 Grey Street

435 Grey StLondon, ON N6B 1H2
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Richmond Estate
$1,100 - $1,325Studio to 2 Bedroom Apartments

Richmond Estate

337 Richmond StLondon, ON N6A 3C2
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699 Talbot St
$1,100 - $1,7001 to 2 Bedroom Apartments

699 Talbot St

699 Talbot StLondon, ON N6A 5L8
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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.

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. Richmond Estate 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
Richmond EstateBachelor ApartmentStudio,1BA$1,100
Revo on King StOne Bedroom1BR,1BA$1,100
Village Court Apartments LondonBachelor ApartmentStudio,1BA$1,100
Blossom GateStudioStudio,1BA$1,100
Garden Vista Apartments0 Beds, 1 BathsStudio,1BA$1,125
Studios on KingBachelorStudio,1BA$1,150
Dundas ApartmentsBachelor ApartmentStudio,1BA$1,195
Somerville Place LoftsSmall One Bedroom Loft1BR,1BA$1,195
The Brighton1 Bedroom1BR,1BA$1,199

Best Value Apartments for Rent in London, ON

As of May 30, 2026 the best value apartment in the London area is the $1.26 price per square foot 2 Bedroom - 2C Model at 520 Talbot Street in the starting from $2,399. The second greatest value London apartment is the 2 Bedroom, 2.5 Bath Model at NorthWoods Village - 955 Catalpa Sq starting at $2,500 with a $1.64 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 - 2C2BR,2BA$1.26
NorthWoods Village - 955 Catalpa Sq2 Bedroom, 2.5 Bath2BR,2.5BA$1.64
Fairmont Gardens TownhousesTwo Bedroom Townhouse2BR,1BA$1.61
White Oaks Gate2 Bedroom2BR,1.5BA$1.57
560 PROUDFOOT LANE2 Bedroom2BR,1.5BA$1.49
200 Westfield DrTwo Bedroom Suite2BR,1BA$1.68
Cinque ApartmentsTwo Bed – 03 Style2BR,1BA$1.63
The W London4 Bedroom x 3 Bathroom4BR,3BA$0.93
520-560 Mornington Avenue2 Bedroom2BR,1BA$1.30
435 Grey Street1 Beds, 1 Baths1BR,1BA$1.48

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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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!

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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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.