
Cheap Homes for Rent in London, ON from $600 (101 Rentals)
Search the lowest-cost Homes available for rent right now in London.


28 Redford Rd

33 Phair Crescent

33 Phair Crescent

33 Phair Crescent

33 Phair Crescent

84 Wilson Ave, Unit #Upper #SE

84 Wilson Ave, Unit #Upper #SE

84 Wilson Ave, Unit MAIN

84 Wilson Ave, Unit MAIN
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1548 Richmond St

1548 Richmond St

460 Castlegrove Blvd, Unit 14307

460 Castlegrove Blvd

460 Castlegrove Blvd

460 Castlegrove Blvd, Unit 15107

460 Castlegrove Blvd

460 Castlegrove Blvd, Unit 15202

270 Sarnia Rd

270 Sarnia Rd
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.

460 Castlegrove Blvd, Unit 15102

460 Castlegrove Blvd

858 Roulston St

858 Roulston St

460 Castlegrove Blvd

460 Castlegrove Blvd, Unit 15207

338 Hamilton Rd, Unit 3

338 Hamilton Rd, Unit 3

299 Central Ave, Unit 2

338 Hamilton Rd, Unit 2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2666 Tokala Trl

2666 Tokala Trl

299 Central Ave, Unit 2

338 Hamilton Rd, Unit 2

1 Rogers Av

426 Clarence St, Unit 5

426 Clarence St, Unit 5

6 Pegler St

6 Pegler St

217 Hamilton Rd, Unit 2
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.

217 Hamilton Rd, Unit 2

93 High St, Unit 206

426 Clarence St, Unit 1

69 Cartwright St, Unit 2A

69 Cartwright St, Unit 2A

93 High St, Unit 206

426 Clarence St, Unit 1

245 Maitland St

416 Oxford St E, Unit Upper Unit

416 Oxford St E, Unit Upper Unit
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.
London, ON Local Guide
How much does it cost to rent a home in London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| London 2 Bedroom Homes for Rent | $1,940 | $800 | $3,200 |
| London 3 Bedroom Homes for Rent | $2,386 | $650 | $3,900 |
| London 4 Bedroom Homes for Rent | $2,669 | $750 | $3,600 |
| London 5 Bedroom Homes for Rent | $2,915 | $830 | $4,950 |
| London 6 Bedroom Homes for Rent | $1,539 | $795 | $3,700 |
| London 7 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Browse Top Homes for Rent in London
Explore London
London, ON Local Guide
- Nearby Cities
Cheapest Available London Apartments for Rent
 The cheapest available apartment rental in London, ON is a 1 Bed unit found at 145-175 Connaught Ave priced from $1,100. 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 |
|---|---|---|---|
| 145-175 Connaught Ave | 1 Bed, 1 bath | 1BR,1BA | $1,100 |
| Richmond Estate | Bachelor Apartment | Studio,1BA | $1,100 |
| Blossom Gate | Studio | Studio,1BA | $1,100 |
| 435 Grey Street | 2 Beds, 1 Baths | 2BR,1BA | $1,119 |
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| Cove Side Residences | 1 Bedroom | 1BR,1BA | $1,183 |
| The Greystone | 1 Bedroom | 1BR,1BA | $1,190 |
| Dundas Apartments | Bachelor Apartment | Studio,1BA | $1,195 |
| Park Towers Apartments | Bachelor A | Studio,1BA | $1,195 |
| 520-560 Mornington Avenue | 1 Bedroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in London, ON
As of August 19, 2026 the best value apartment in the London area is the $1.21 price per square foot 2 bed Model at Lord Nelson Apartments in the starting from $1,745. The second greatest value London apartment is the 3 bedroom, 2 bath, with solarium Model at 110 Belmont Drive starting at $1,997 with a $1.47 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. |
|---|---|---|---|
| Lord Nelson Apartments | 2 bed | 2BR,1BA | $1.21 |
| 110 Belmont Drive | 3 bedroom, 2 bath, with solarium | 3BR,2BA | $1.47 |
| 918-922 Wonderland Road South | 3 bedroom, 1.5 bath, with balcony | 3BR,2BA | $1.57 |
| The Gartshore | 2 Bedroom | 2BR,1.5BA | $1.58 |
| 695 Proudfoot Lane | The Orchid | 2BR,1.5BA | $1.54 |
| Highland Village | 2 Beds, 1 Baths | 2BR,1BA | $1.41 |
| 520 Wellington Street | 2 bedroom, 1 bathroom, with balcony | 2BR,1BA | $1.55 |
| The W London - Student Living | 4 Bedroom x 3 Bathroom | 4BR,3BA | $0.84 |
| Berkshire Wonderland Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
| 520-560 Mornington Avenue | 1 Bedroom | 1BR,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.
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 London
What type of rentals are currently available in London?
There are currently 613 Apartments for Rent in London, ON with pricing that ranges from $679 to $8,558. There are also 673 Single Family Homes for rent, Condos, and Townhome rentals currently available in London ranging from $600 to $4,950.
What is the current price range for Rental Homes in London?
Today's rental pricing for Homes for Rent, Condos and Townhomes in London ranges from $600 to $4,950 with an average monthly rent of $2,142.
How much are larger Three and Four Bedroom Rentals in London?
For those who are looking for larger living arrangements, Three Bedroom Apartments in London range from $1,649 to $7,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,900. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $750.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.