London, ON apartments for rent
1,258 apartments for rent in London, ON, from 405 communities.
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875 Wonderland Road South
London, ON, N6K 2Y7
- Pet friendly
- Spacious closets
- Outdoor patio/balcony
- On-site laundry facilities
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- Pet friendly
- Wood flooring
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South Wortley Residences
621 Base Line Road East, London, ON, N6C 2R2
Cove Side Residences
290 Springbank Drive, London, ON, N6J 1E9
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How many bedrooms are you looking for?
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Park Towers Apartments
10 Beechwood Place, London, ON, N6C 1H7
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Renter’s City Guide to London
CITY GUIDE
LONDON, ONTARIO
London, Ontario has a population of over 380,000 people and is situated in the southern portion of the province, near the Thames River and close to the Canada/United States border. It spans over 420 square kilometres and is located close to the communities of St. Thomas, Stratford, Kitchener, and Sarnia. London is the largest southwestern Ontario municipality and offers plenty of amenities such as shopping centres, entertainment options, schools, and parks. It holds a number of music, seasonal, and theatre festivals throughout the year, bringing many tourists to the area.
Real Estate Market Overview
The average residential sale prices in London range between $250,000 and $400,000. In the northern section, there are many higherpriced, newer single-family homes, as well as some more affordable older single-family homes. Condo options are also available in this area, and there are some smaller commercial options. Vacant land is not common. The central section has single-family homes at a variety of price points, as well as affordable condo options. Small retail commercial properties and some industrial properties are also available. Vacant land in this area comes with a high price tag. The southern section has a mix of single-family homes, vacant land, condos, and small commercial properties.
Rental Market
Vacancy rates in London have decreased over the past few years, falling below 4% and making for a tight rental market. Suites in apartment complexes built in the past 10 years tend to cost hundreds more per month than suites in older buildings. Depending on the area of the city, rent costs for apartments can range between $450 and $670 for a bachelor apartment, $660 and $860 for a one-bedroom apartment, $750 and $1,250 for a two-bedroom apartment, and $770 and $1,510 for a three-bedroom (or more) apartment.Townhouses are also available to rent in the city, with rent being about the same as an apartment, in most cases.
Employment
Major industries in London include information technology, medical research, manufacturing, and insurance.There are around 300 technology companies in the city, employing approximately 3% of London’s workforce. Large tech companies that call London home include Diply, Voices.com, Arcane Digital, and rTraction. London Health Sciences Centre is the largest employer in the city, with over 10,000 employees. Other large companies operating headquarters in the city include the Canadian division of 3M, the London Life Insurance Company, Imperial Oil, Labatt Breweries, and GoodLife Fitness. The city’s unemployment rate tends to sit between6% and 7% each year, which is close to national averages.
Transportation
Public transportation in the city is operated by the London Transit Commission, which has a fleet of buses that service around 44 routes throughout the city at all times of the day, and many are accessible for those with children, disabilities, or mobility issues. Plans are in place to build a bus rapid transit system in the city to provide more efficient travel throughout London. The city is also serviced by VIA Rail (train), Greyhound (long-distance bus), andthe London International Airport. VIA Rail’s London station connects Canadian cities with the United States and is the fourth-busiest passenger terminal in Canada.
Schools
There are four school boards operating public elementary and secondary schools in London. These are the Thames Valley District School Board, the London District Catholic School Board, the Conseil scolaire Viamonde (French schools), and the Conseil scolaire catholique Providence (French schools). Some examples of public schools in the area include Masonville, Victoria, St. Francis, Holy Cross, École élémentaire Marie-Curie, and École secondaire Gabriel-Dumont. There are also a number of private schools in the city. Post-secondary institutions in the city include the University of Western Ontario (offering undergraduate and graduate programs), Fanshawe College (degree, diploma, and certificate programs), and Westervelt College (private career college).
Family Life
The London Children’s Museum has numerous galleries with educational displays and activities to entertain children of all ages. Gallery themes include dinosaurs, the arctic, cave exploration, backyard science, space, and a replica of an old schoolhouse. The museum also hosts day camps and birthday parties, and has different programming from day to day. Storybook Gardens is a park featuring rides and attractions with fairytale and nursery rhyme themes. The park has been operating since 1958 and provides games, a skating trail in the winter, a splash pad in the summer, beautiful gardens, and fun at every turn. The park also hosts birthday parties and day camps. London is also home to a number of parks, historic sites, and community and recreational centres.