London, ON rental market

What is the average rent in London, ON?

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Last updated September 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in London, ON is $2,035.

Average rent

$2,035

Month-over-month change

-$60

Year-over-year change

-$65

Available rentals

943

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $575 to $7,995.

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Rent frequencies
Rent priceNumber of rental properties
$5004
$6008
$7009
$80015
$90019
$1,0009
$1,10010
$1,20020
$1,30049
$1,40060
$1,50069
$1,60061
$1,70082
$1,80079
$1,90056
$2,00056
$2,10062
$2,20064
$2,30066
$2,40072
$2,50067
$2,60046
$2,70050
$2,80047
$2,90036
$3,00018
$3,10014
$3,20011
$3,3005
$3,40013
$3,50012
$3,6004
$3,7003
$3,8001
$3,9003
$4,0003
$4,4002
$4,5002
$4,6003
$4,7003
$4,8001
$4,9004
$5,000+4

Average rent price over time

In the last year, rent has decreased by $65 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,095$2,000
Feb$2,061$1,999
Mar$2,000$1,980
Apr$2,006$1,900
May$1,995$1,950
Jun$2,000$1,972
Jul$2,000$1,950
Aug$2,145$2,027
Sep$2,195$2,050
Oct$2,100No data
Nov$2,046No data
Dec$2,013No data

Market temperature

The London, ON rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in London, ON is 2% higher than the national average.

London, ONvs.

$2,035

$2,000

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Frequently asked questions

1. What is the average rent in London, ON?

The average rent in London, ON is $2,035.

2. What is the average rent for a studio apartment in London, ON?

The average rent for a studio apartment in London, ON is $1,287 per month.

3. What is the average rent for a one-bedroom apartment in London, ON?

The average rent for a one-bedroom apartment in London, ON is $1,500 per month.

4. What is the average rent for a two-bedroom apartment in London, ON?

The average rent for a two-bedroom apartment in London, ON is $1,850 per month.

5. What is the average rent for a three-bedroom apartment in London, ON?

The average rent for a three-bedroom apartment in London, ON is $2,450 per month.

6. What is the average rent for a four-bedroom apartment in London, ON?

The average rent for a four-bedroom apartment in London, ON is $3,525 per month.

7. How much does it cost to rent a house in London, ON?

Houses in London, ON rent between $575 - $7,995 with an average rent of $2,035.

8. How has the rent in London, ON changed in the last year?

In the last year, the rent in London, ON decreased by $65

9. How much has the rent in London, ON increased/decreased in the last month?

In the last month, the rent in London, ON decreased by $60

10. How many available rentals are there in London, ON?

There are currently 943 rentals available in London, ON.

11. How do rent prices in London, ON compare with the national average?

The average rent in London, ON is $2,035 — 1.75% higher the national average of $2,000.

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