What's the average rent in London, ON?
Rental Market Trends in London, ON
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in London, ON is $1,995 per month, which is 3% higher than the national average rent of $1,930 per month.
AVERAGE RENT
$1,995
2.3%$45 increase month-over-month
-0.3%-$5 decrease year-over-year
AVAILABLE RENTALS
824
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in London, ON at $1,814 per month, while houses are the most expensive at $2,650 per month. Townhomes average $2,400 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,547 |
| 2 Bedrooms | $1,870 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $2,800 |
| All | $1,995 |
As of June 2026, the average rent for a 1 bedroom rental in London, ON is $1,547 per month, followed by $1,870 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,795 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $2,500 |
| All | $2,400 |
As of June 2026, the average rent for a 1 bedroom townhome in London, ON is $1,795 per month, followed by $2,150 for a 2 bedroom townhome, $2,400 for a 3 bedroom townhome, and $2,500 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,550 |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | $2,250 |
| 4 Bedrooms | $2,800 |
| All | $1,850 |
As of June 2026, the average rent for a 1 bedroom apartment in London, ON is $1,550 per month, followed by $1,950 for a 2 bedroom apartment, $2,250 for a 3 bedroom apartment, and $2,800 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,130 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,650 |
| 4 Bedrooms | $3,000 |
| All | $2,650 |
As of June 2026, the average rent for a 1 bedroom house in London, ON is $1,130 per month, followed by $1,900 for a 2 bedroom house, $2,650 for a 3 bedroom house, and $3,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -1% compared to the previous year, which is a $28 decrease.
This year (2026)
Last year (2025)
Rent distribution
41% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $575 to $6,000.