Cheap Apartments for Rent in London, ON from $700 (163 Rentals)

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

property at 298 Egerton St

$1,099 - $1,599

1 To 2 Bedroom Rentals

Available Now

298 Egerton St

LondonONN5Z 2G7
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.

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property at 376 Richmond St

$1,199 - $1,399

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 Now

The Dorchester

1231 Richmond StLondon, ON N6A 3L9
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Ridout Towers
$1,299 - $1,4491 to 2 Bedroom Apartments Available Aug 1

Ridout Towers

100 Ridout St SLondon, ON N6C 3X5
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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.

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property at 400 Sandringham Crescent

$1,320 - $2,190

Studio To 3 Bedroom Rentals

Available Now

Highland Village

400 Sandringham Crescent
LondonONN6C 5A8
property at 492 Springbank Dr

$1,325 - $1,625

Studio To 2 Bedroom Rentals

Available Now

Springbank Manor

492 Springbank Dr
LondonONN6J 1H1
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Highland Park Apartments I/II
$1,329 - $1,5391 to 2 Bedroom Apartments Available Now

Highland Park Apartments I/II

450-460 Highland AveLondon, ON N6C 5E1
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Canterbury Towers
Rent Specials
$1,330 - $1,830
Total Monthly Price

Total Monthly Price

Base Rent
$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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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 1 Frontenac Rd

$1,350 - $1,595

1 To 2 Bedroom Rentals

Available Now

Frontenac Apartments

1 Frontenac Rd
LondonONN5Z 3X9
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Trillium Towers I/II
$1,379 - $1,7891 to 2 Bedroom Apartments Available Now

Trillium Towers I/II

680-690 Wonderland Rd NLondon, ON N6H 4V3
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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 727 Second St

$1,395 - $1,595

1 To 2 Bedroom Rentals

Available Now

Oxford Square

727 Second St
LondonONN5V 2B8
property at 200 Sandringham Crescent

$1,395 - $2,185

1 To 3 Bedroom Rentals

Available Now

Highland Village

200 Sandringham Crescent
LondonONN6C 5B6
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Castlegrove Apartments
Rent Specials
$1,410 - $1,815
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $1,815
Total Monthly Price
$1,410 - $1,815
1 to 2 Bedroom Apartments Available Now

Castlegrove Apartments

485 Castlegrove BlvdLondon, ON N6G 2V5
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 4

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 Revo on King St priced from $1,100. Village Court Apartments London 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
Revo on King StOne Bedroom1BR,1BA$1,100
Village Court Apartments LondonBachelor ApartmentStudio,1BA$1,100
Blossom GateStudioStudio,1BA$1,100
435 Grey Street2 Beds, 1 Baths2BR,1BA$1,119
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
520-560 Mornington Avenue1 Bedroom1BR,1BA$1,199
Noel Meadows1 Bedroom1BR,1BA$1,209

Best Value Apartments for Rent in London, ON

As of July 14, 2026 the best value apartment in the London area is the $1.18 price per square foot 2 Bedroom Model at Richmond Hill Apartments in the starting from $2,595. The second greatest value London apartment is the 3 Bedrooms Model at London Aura starting at $2,295 with a $1.09 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.
Richmond Hill Apartments2 Bedroom2BR,2BA$1.18
London Aura3 Bedrooms3BR,1BA$1.09
Lord Nelson Apartments2 bed2BR,1BA$1.21
Fairmont Gardens TownhousesThree Bedroom Townhouse3BR,1BA$1.48
Highland Village3 Beds, 1 Baths3BR,1BA$1.56
918-922 Wonderland Road South3 bedroom, 1.5 bath, with balcony3BR,2BA$1.57
520 Wellington Street2 bedroom, 1 bathroom, with balcony2BR,1BA$1.55
The W London - Student Living4 Bedroom x 3 Bathroom4BR,3BA$0.84
435 Grey Street2 Beds, 1 Baths2BR,1BA$1.24
520-560 Mornington Avenue1 Bedroom1BR,1BA$1.54

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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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 $1,100.

How much is rent for a Cheap One Bedroom London Apartment?

The lowest price for a Cheap One Bedroom London Apartment is $1,100 at Revo on King St.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.