
Cheap Apartments for Rent in London, ON from $600 (103 Rentals)
Search the lowest-cost Apartments available for rent right now in London.


376 Central Ave

5 BEDROOM * Richmond ST * STEPS from UWO * AVAIL May 1st * ALL INCLUSIVE

520-560 Mornington Avenue

The Eleanor

571 Adelaide St N

Revo on King St

Blossom Gate

Studios on King

358 Glebe 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

5-246 Wharncliffe Rd S - London - ON - N6J 2L4

45 Briscoe St E

190 Cherryhill Cir

120 Cherryhill Pl

Total Monthly Price
The Weatherfield

Total Monthly Price
The Dorchester

Grand Avenue Apartments

Platts Crossing

Webster Apartments
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.

Woodfield Suites

Springbank Manor

Ridout Towers

Total Monthly Price
Canterbury Towers

Trillium Towers I/II

Parkdale Place

Wyndfield Place Apartments

1560, 1570, 1580 Adelaide Street North

530 PROUDFOOT LANE

420 Central Avenue
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.

Highland Park Apartments I/II

250 Oakland Avenue

366-368 Oxford Street W Apartments

498 Queens Avenue

359 Hilton Ave

Richmond Square - 685 Richmond St

123 King St

Frontenac Apartments

848-852 Kipps Lane Apartments

Gordon 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

Scenic Tower

1889-1889 Wavell St

459 Princess

455 Princess Ave

215-217 Hamilton Rd

435 Grey Street

Village Court Apartments London

Richmond Estate

699 Talbot St
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
How much does it cost to rent an apartment in London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap London Studio Apartments | $1,348 | $1,049 | $1,695 |
| Cheap London 1 Bedroom Apartments | $1,663 | $650 | $2,870 |
| Cheap London 2 Bedroom Apartments | $2,107 | $1,225 | $7,200 |
| Cheap London 3 Bedroom Apartments | $2,701 | $1,525 | $7,300 |
| Cheap London 4 Bedroom Apartments | $1,709 | $850 | $3,850 |
Browse Top Apartments in London
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Eleanor | Bachelor | Studio,1BA | $1,049 |
| Richmond Estate | Bachelor Apartment | Studio,1BA | $1,100 |
| Revo on King St | One Bedroom | 1BR,1BA | $1,100 |
| Village Court Apartments London | Bachelor Apartment | Studio,1BA | $1,100 |
| Blossom Gate | Studio | Studio,1BA | $1,100 |
| Garden Vista Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,125 |
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| Dundas Apartments | Bachelor Apartment | Studio,1BA | $1,195 |
| Somerville Place Lofts | Small One Bedroom Loft | 1BR,1BA | $1,195 |
| The Brighton | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 520 Talbot Street | 2 Bedroom - 2C | 2BR,2BA | $1.26 |
| NorthWoods Village - 955 Catalpa Sq | 2 Bedroom, 2.5 Bath | 2BR,2.5BA | $1.64 |
| Fairmont Gardens Townhouses | Two Bedroom Townhouse | 2BR,1BA | $1.61 |
| White Oaks Gate | 2 Bedroom | 2BR,1.5BA | $1.57 |
| 560 PROUDFOOT LANE | 2 Bedroom | 2BR,1.5BA | $1.49 |
| 200 Westfield Dr | Two Bedroom Suite | 2BR,1BA | $1.68 |
| Cinque Apartments | Two Bed – 03 Style | 2BR,1BA | $1.63 |
| The W London | 4 Bedroom x 3 Bathroom | 4BR,3BA | $0.93 |
| 520-560 Mornington Avenue | 2 Bedroom | 2BR,1BA | $1.30 |
| 435 Grey Street | 1 Beds, 1 Baths | 1BR,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.
Read ArticleReal 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.
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 $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

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.

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.

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.

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.