Cheap Homes for Rent in London, ON from $600 (67 Rentals)

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

property at 6 Heathcote Av

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

6 Heathcote Av

LondonONN6G 1V2

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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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 32 Mackay Av

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Condo for Rent

Available Aug 1

32 Mackay Av

LondonONN6J 2T9
property at 574 Adelaide St N

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

574 Adelaide St N

LondonONN6B 3J8

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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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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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 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. Revo on King St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EleanorBachelorStudio,1BA$1,049
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
190 Cherryhill CirBachelorStudio,1BA$1,210

Best Value Apartments for Rent in London, ON

As of July 01, 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
918-922 Wonderland Road South3 bedroom, 1.5 bath, with balcony3BR,2BA$1.57
The Gartshore2 Bedroom2BR,1.5BA$1.62
520 Wellington Street2 bedroom, 1 bathroom, with balcony2BR,1BA$1.50
Cinque ApartmentsTwo Bed – 03 Style2BR,1BA$1.63
The W London - Student Living4 Bedroom x 3 Bathroom4BR,3BA$0.84
435 Grey Street2 Beds, 1 Baths2BR,1BA$1.24
South Grand Apartments2 Bedroom2BR,1BA$1.63

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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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 London

What type of rentals are currently available in London?

There are currently 611 Apartments for Rent in London, ON with pricing that ranges from $650 to $8,538. There are also 600 Single Family Homes for rent, Condos, and Townhome rentals currently available in London ranging from $600 to $6,500.

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 $6,500 with an average monthly rent of $2,895.

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 $1,625 to $7,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,900. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $850.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.