Cheap Apartments for Rent in London, ON from $600 (99 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 18 Adelaide St S

$1,145 - $2,195

1 To 4 Bedroom Rentals

Available Now

18 Adelaide St S

LondonONN5Z 3J8
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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Trillium Towers I/II
$1,310 - $1,6701 to 3 Bedroom Apartments Available Now

Trillium Towers I/II

680-690 Wonderland Rd NLondon, ON N6H 4V3
Cost Per Sq.Ft.
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  • 3D Tour

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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Highland Park Apartments I/II
$1,339 - $1,5991 to 2 Bedroom Apartments Available Now

Highland Park Apartments I/II

450-460 Highland AveLondon, ON N6C 5E1
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property at 366 Oxford St W

$1,350 - $1,550

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 - $1,495

1 To 2 Bedroom Rentals

Available Now

1 Frontenac Rd

LondonONN5Z 3X9

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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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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Richmond Estate
$1,100 - $1,425Studio 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
  • Utilities Included

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 2

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. 520-560 Mornington Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,119. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EleanorBachelorStudio,1BA$1,049
520-560 Mornington Avenue1 Bedroom1BR,1BA$1,119
Garden Vista0 Beds, 1 BathsStudio,1BA$1,140
337 Boler Road1 Beds, 1 Baths1BR,1BA$1,249
Studios on KingBachelorStudio,1BA$1,250
Beaverbrae ApartmentsStudio1BR,1BA$1,256
Meadowcrest Apartments1 Bedroom1BR,1BA$1,259
Colony One1 Bedroom1BR,1BA$1,265
Park Towers ApartmentsBachelor AStudio,1BA$1,295
Fiddlers West Apartments1 Beds, 1 Baths1BR,1BA$1,295

Best Value Apartments for Rent in London, ON

As of January 14, 2026 the best value apartment in the London area is the $1.47 price per square foot Cobalt Model at Element Townhomes in the starting from $2,625. The second greatest value London apartment is the 3 bedroom, 1.5 bathroom Model at 136 Belmont starting at $2,197 with a $1.37 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.
Element TownhomesCobalt3BR,3.5BA$1.47
136 Belmont3 bedroom, 1.5 bathroom3BR,1.5BA$1.37
654 Viscount Rd2 Bedroom2BR,1BA$1.24
City Place II2 Bedroom2BR,2BA$1.53
City Place I2 Bedroom2BR,2BA$1.53
The W London4 Bedroom x 3 Bathroom4BR,3BA$1.17
Four Seasons2 Bedroom2BR,1BA$1.66
Springbank Manor2 Beds, 1 Baths2BR,1BA$1.62
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BA$1.62
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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See the most popular apartments and homes in London, ON

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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 Trillium Towers I/II and starts from $1,665.

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

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!