What's the average rent in London, ON?

Rental Market Trends in London, ON

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in London, ON is $2,000 per month, which is 2% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,000

2.6%$50 increase month-over-month

-8.7%-$190 decrease year-over-year

AVAILABLE RENTALS

939

APARTMENTS

$1,668

HOUSES

$2,600

TOWNHOUSES

$2,500

As of July 2026, apartments are the most affordable rental option in London, ON at $1,668 per month, while houses are the most expensive at $2,600 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	$1,862
3 Bedrooms	$2,450
4 Bedrooms	$2,822
All	$2,000

As of July 2026, the average rent for a 1 bedroom rental in London, ON is $1,500 per month, followed by $1,862 for a 2 bedroom rental, $2,450 for a 3 bedroom rental, and $2,822 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$2,150
3 Bedrooms	$2,500
4 Bedrooms	$2,650
All	$2,500

As of July 2026, the average rent for a 1 bedroom townhome in London, ON is $1,600 per month, followed by $2,150 for a 2 bedroom townhome, $2,500 for a 3 bedroom townhome, and $2,650 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$1,900
3 Bedrooms	$2,300
4 Bedrooms	$2,600
All	$1,800

As of July 2026, the average rent for a 1 bedroom apartment in London, ON is $1,550 per month, followed by $1,900 for a 2 bedroom apartment, $2,300 for a 3 bedroom apartment, and $2,600 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,800
3 Bedrooms	$2,550
4 Bedrooms	$3,100
All	$2,600

As of July 2026, the average rent for a 1 bedroom house in London, ON is $1,400 per month, followed by $1,800 for a 2 bedroom house, $2,550 for a 3 bedroom house, and $3,100 for a 4 bedroom house.