Cheap Apartments for Rent in London, ON from C$700 (96 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.

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property at 852 Kipps Ln

852 Kipps Ln

LondonONN5Y 4S3

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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Highland Park Apartments I/II
C$1,439 - C$1,6191 to 2 Bedroom Apartments Available Now

Highland Park Apartments I/II

450-460 Highland AveLondon, ON N6C 5E1
Active Lifestyle
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property at 26 Ridout St S

26 Ridout St S

LondonONN6C 3W6
property at 1 Frontenac Rd

1 Frontenac Rd

LondonONN5Z 3X9
property at 378 Central Ave

378 Central Ave

LondonONN6B 2E2
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Ridout Towers
C$1,469 - C$1,6991 to 2 Bedroom Apartments Available Now

Ridout Towers

100 Ridout St SLondon, ON N6C 3X5
Transit Friendly
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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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property at 727 Second St

727 Second St

LondonONN5V 2B8
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Bradley Court I/II
Rent Specials
C$1,4991 Bedroom Apartments Available Now

Bradley Court I/II

1585-1595 Ernest AveLondon, ON N6E 2W7
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Trillium Towers I/II
Rent Specials
C$1,499 - C$1,8491 to 2 Bedroom Apartments Available Now

Trillium Towers I/II

680-690 Wonderland Rd NLondon, ON N6H 4V3
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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.

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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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Garden Vista
Studio to 2 Bedroom Apartments

Garden Vista

297-301 Baseline Rd WLondon, ON N6J 1W4
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Richmond Estate
Studio to 2 Bedroom Apartments

Richmond Estate

337 Richmond StLondon, ON N6A 3C2
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Huron Gardens
1 to 2 Bedroom Apartments

Huron Gardens

1203 Huron StLondon, ON N5Y 4L1
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135 Belmont Dr
1 Bedroom Apartments

135 Belmont Dr

135 Belmont DrLondon, ON N6J 4J3
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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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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 520-560 Mornington Avenue priced from C$1,027. Village Court Apartments London has the second lowest priced unit, which is a Studio apartment currently listed from C$1,100. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
520-560 Mornington Avenue1 Bedroom1BR,1BAC$1,027
Village Court Apartments LondonBachelor ApartmentStudio,1BAC$1,100
Adelaide LoftsOne Bedroom Apartment1BR,1BAC$1,195
The Eleanor1 Bed1BR,1BAC$1,199
Studios on KingBachelorStudio,1BAC$1,250
Huron Terrace ApartmentsOne Bedroom Apartment1BR,1BAC$1,295
88 York St1 Bedroom - Laneway Unit1BR,1BAC$1,295
848-852 Kipps Lane Apartments0 Beds, 1 BathsStudio,1BAC$1,295
Somerville Place LoftsOne Bedroom Loft1BR,1BAC$1,295
Highland Village0 Beds, 1 BathsStudio,1BAC$1,315

Best Value Apartments for Rent in London, ON

As of August 29, 2025 the best value apartment in the London area is the C$1.76 price per square foot 3 Bedroom + 3 Bath Model at 180 Mill Street in the starting from C$3,450. The second greatest value London apartment is the Elora Model at Asher Village starting at C$2,750 with a C$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.
180 Mill Street3 Bedroom + 3 Bath3BR,3BAC$1.76
Asher VillageElora3BR,2.5BAC$1.53
Element TownhomesCobalt3BR,3.5BAC$1.48
520 Talbot Street1C1BR,1BAC$1.45
200 Westfield DrTwo Bedroom Suite2BR,1BAC$1.68
520-560 Mornington Avenue2 Bedroom2BR,1BAC$1.35
Highland Village0 Beds, 1 BathsStudio ,1BAC$1.51
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BAC$1.69
Webster ApartmentsRenovated 1 Bedroom1BR,1BAC$1.67
135 Connaught2 Bedroom2BR,1BAC$1.72

Quick Rent Budget Calculator

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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 Village Court Apartments London listed at C$1,100.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.