Last updated on October 26, 2026

Average rent in
London, ON

Key takeaways for renters

  • Where London rent stands today

    London, ON rent rose 3.9% year over year, with a current median of $1,855/month. Renters today are paying $70 more per month on average than last year, while month-to-month rent is essentially flat.

  • Compared to national trends

    London sits 2.4% more affordable than the $1,900/month national median, with 290 total rentals offering a modestly priced market for renters.

  • Price ranges

    Studios in London run around $1,330/month, 1-bedrooms around $1,625/month, and 2-bedrooms around $2,070/month. Houses command a higher median rent of $2,197/month compared to apartments at $1,850/month, with apartments making up 82% of total rentals.

  • Neighborhood spotlight

    Medway rents rose 29.4% year over year to $2,290/month, standing out against the citywide 3.9% increase. Meanwhile, Jackson saw a decline of 25.6% to $1,935/month, showing contrasting neighborhood trends in London.

Median rent

Median rent in London

$1,855/mo

increased by4%

vs previous year

The average rent in London is $1,855 per month as of October 2026. This is 2% below the national average rent, or $45 less per month.

$1.99

average price per square foot

Total rentals

Available rentals in London

290

for rent on Zumper.com as of October 2026

Rent price distribution

Share of London rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in London, ON

Average rent prices in London have remained the same over the last month and have increased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in London, ON

Rent prices in London vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in London is $1,850, whereas a house costs $2,197. 1-bedroom apartments in London run $1,632 on average, while 2-bedroom apartments are $2,095.

Listings

Studio

$1,330

No Change

6%

1 bedroom

$1,625

No Change

2%

2 bedroom

$2,070

2%

5%

3 bedroom

$2,300

1%

3%

4 bedroom

$1,350

4%

41%

Studio

Average rent

$1,330

Last 30 days

No Change

Last year

6%

1 bedroom

Average rent

$1,625

Last year

2%

2 bedroom

Average rent

$2,070

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$2,300

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$1,350

Last 30 days

4%

Last year

41%

The table above reflects average rent prices in London, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in London, ON compare to other cities?

Compare median rent prices in London and Brantford by all bedroom counts and property types.

London

Median rent price$1,855
decreased by2%

lower than the national median

Median rent price$1,875
decreased by1%

lower than the national median

Takeaway

The median rent for all rentals in London, ON is 1% lower than the median rent in Brantford, ON.

Average rent in nearby cities

Explore rent trends in neighboring markets

Brantford

$1,875

decreased by9%
Last year
Cambridge

$2,030

increased by4%
Last year
Centre Wellington

$1,675

decreased by12%
Last year
Chatham Kent

$1,550

increased by3%
Last year
Erie

$1,050

decreased by5%
Last year
Guelph Eramosa

$1,825

N/A
Last year

Discover rentals in London, ON

75 Ann Street - Photo 1 of 1
Rent special

5d+ ago

9.4

Excellent

75 Ann Street

75 Ann St, London, ON N6A 1R1

1 bed

0 baths

$577–$770

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
235 Hamilton Rd #3 - Photo 1 of 1

4d ago

Our team has verified this company

Verified

2-235 Hamilton Rd

235 Hamilton Rd #3, London, ON N5Z 1P9

2 beds

1 bath

$800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Royal Oak Terrace - Photo 1 of 1
Rent special

3d ago

10

Excellent

Our team has verified this company

Verified

Royal Oak Terrace

1154 1126-1154 Adelaide Street North, London, ON N5Y 2N5

1–2 beds

1 bath

$1,099–$1,548

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Blossom Gate - Photo 1 of 1

5d+ ago

8.8

Very good

Blossom Gate

621, 625, 629 Kipps Lane, London, ON N5Y 0B1

1–3 beds

1 bath

$1,200–$1,675

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for London, ON

Quick answers to common questions about the London rental market.

How much is rent in London?

The average rent in London is $1,855 per month as of October 24, 2026.

Is rent up or down in London?

Average rent prices in London have remained the same over the last month and have increased by 4% since last year.

How does London rent compare to the national average?

Rent in London is 2% below the national average, which means renters are paying approximately $45 less per month.

Which neighborhoods are most affordable in London?

The most affordable neighborhoods in London are Southcrest ($1,507/mo), Huron Heights ($1,527/mo), and Highland ($1,625/mo).

What salary do I need to afford rent in London?

To comfortably afford rent in London, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in London?

June offers the lowest rents of the year in London, while winter months like December also see reduced competition and potentially better deals, with about a 5% difference between peak and off-peak pricing.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Kitchener
Apartments for rent in London
Apartments for rent in Waterloo

427 Central Ave, London, ON N6B 2E4, CAN
1050 Frances St, London, ON N5W 2L7, CAN
1563 Dale Street, London, ON N5V 1Y1, CAN
1 Caithness Crt, London, ON N5X 3S2, CAN
303 Callaway Rd, London, ON N6G 0N8, CAN
400 Skyline Avenue, London, ON N5X 0B3, CAN
489 Upper Queen St, London, ON N6C 3T8, CAN
470 Mornington Avenue, London, ON N5Y 3E2, CAN
126 Belmont Drive, London, ON N6J 4W3, CAN
474 King Street, London, ON N6B 1T1, CAN
538 Quebec Street, London, ON N5W 3Z1, CAN
81 Toulon Cres, London, ON N5V 1J4, CAN
600 Sarnia Road, London, ON N6G 5M5, CAN
33 Palace Street, London, ON N6B 3A6, CAN
218 Monmore Road, London, ON N6G 3A6, CAN
131 Roehampton Avenue, London, ON N5V 2A6, CAN
550 Second St, London, ON N5V 3S3, CAN
59 Cleveland Place, London, ON N5Z 4T5, CAN
204 Wharncliffe Road South, London, ON N6J 2L1, CAN
584 Wonderland Road North, London, ON N6H 3A1, CAN