What's the average rent in London, ON?

Rental Market Trends in London, ON

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in London, ON is $2,000 per month, which is 3% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,000

-4.5%-$95 decrease month-over-month

-8.9%-$195 decrease year-over-year

AVAILABLE RENTALS

940

APARTMENTS

$1,664

HOUSES

$2,722

TOWNHOUSES

$2,500

As of September 2026, apartments are the most affordable rental option in London, ON at $1,664 per month, while houses are the most expensive at $2,722 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,827
3 Bedrooms	$2,467
4 Bedrooms	$2,850
All	$2,000

As of September 2026, the average rent for a 1 bedroom rental in London, ON is $1,500 per month, followed by $1,827 for a 2 bedroom rental, $2,467 for a 3 bedroom rental, and $2,850 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$2,150
3 Bedrooms	$2,500
4 Bedrooms	$2,600
All	$2,500

As of September 2026, the average rent for a 1 bedroom townhome in London, ON is $1,100 per month, followed by $2,150 for a 2 bedroom townhome, $2,500 for a 3 bedroom townhome, and $2,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,890
3 Bedrooms	$2,150
4 Bedrooms	$2,850
All	$1,825

As of September 2026, the average rent for a 1 bedroom apartment in London, ON is $1,500 per month, followed by $1,890 for a 2 bedroom apartment, $2,150 for a 3 bedroom apartment, and $2,850 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,800
3 Bedrooms	$2,549
4 Bedrooms	$3,000
All	$2,722

As of September 2026, the average rent for a 1 bedroom house in London, ON is $1,350 per month, followed by $1,800 for a 2 bedroom house, $2,549 for a 3 bedroom house, and $3,000 for a 4 bedroom house.