Cheap Homes for Rent in London, ON from $600 (33 Rentals)

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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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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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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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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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London, ON Local Guide

Cheapest Available London Apartments for Rent

 

The cheapest available apartment rental in London, ON is a Studio unit found at Beaverbrae Apartments priced from $1,118. Dundas Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beaverbrae ApartmentsStudioStudio,1BA$1,118
Dundas ApartmentsBachelor ApartmentStudio,1BA$1,195
The Eleanor1 Bed1BR,1BA$1,199
Colony OneStudioStudio,1BA$1,214
Kingsberry Towers0 Beds, 1 BathsStudio,1BA$1,220
Studios on KingBachelorStudio,1BA$1,250
Garden Vista0 Beds, 1 BathsStudio,1BA$1,250
Adelaide LoftsOne Bedroom Loft1BR,1BA$1,295
Highland Village0 Beds, 1 BathsStudio,1BA$1,315
Revo on King StOne Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in London, ON

As of October 26, 2025 the best value apartment in the London area is the $0.41 price per square foot 1 Bedroom in a 5 Bedroom Townhouse - JANUARY Model at The MARQ London at 1 Beaufort Street in the starting from $815. The second greatest value London apartment is the Elora Model at Asher Village starting at $2,725 with a $1.51 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.
The MARQ London at 1 Beaufort Street1 Bedroom in a 5 Bedroom Townhouse - JANUARY5BR,2.5BA$0.41
Asher VillageElora3BR,2.5BA$1.51
Element TownhomesCobalt3BR,3.5BA$1.47
Windermere Place II2 Bed2BR,2BA$1.70
200 Westfield DrTwo Bedroom Suite2BR,1BA$1.68
Centennial House2 Beds, 1 bath2BR,1BA$1.55
The W London4 Bedroom x 3 Bathroom4BR,3BA$1.15
520-560 Mornington Avenue2 Bedroom2BR,1BA$1.31
Berkshire Wonderland Apartments2 Beds, 1 Baths2BR,1BA$1.69
435 Grey Street2 Beds, 1 Baths2BR,1BA$1.52

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 570 Apartments for Rent in London, ON with pricing that ranges from $800 to $4,329. There are also 252 Single Family Homes for rent, Condos, and Townhome rentals currently available in London ranging from $695 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 $695 to $6,500 with an average monthly rent of $2,741.

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 $1,699 to $4,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $740 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,039.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.