Average Rent in London, Ontario in Today’s Market
The average rent in London, Ontario, is $1,960 per month, 2% lower than the national average.
As the leading corporate housing provider in Canada, we are proud to offer luxury rental experiences in London, Ontario.
Our homes and apartments are designed to meet high standards, ensuring comfort and quality for every resident.
Average Rent Prices for Furnished Corporate Rentals in London, Ontario
A typical apartment rents for around $1,949 per month. If you’re considering a 1-bedroom apartment, expect to pay about $1,761 monthly. For a larger space, a 2-bedroom apartment averages $2,213 per month. Renting a house in London is generally pricier, with average costs at $2,197 per month.
| Apartment Type | Short-Term Rent | Long-Term Rent |
|---|---|---|
| Studio | $1,485 | $1,412 |
| 1-bedroom | $1,746 | $1,689 |
| 2-bedroom | $2,209 | $2,132 |
| 3-bedroom | $2,509 | $2,429 |
| 4-bedroom | $769 | $711 |
Corporate Stays offers highly rated furnished apartments in London, Ontario. Each unit is fully equipped with essential amenities to provide a comfortable stay.
To find your ideal rental, visit CorporateStays.com. There, you can browse the latest listings and make your stay in London both pleasant and convenient.
Average Rent by Neighborhood in London, Ontario
| Neighborhood | Average Rent (CAD) |
|---|---|
| Carling | $1,708 |
| Downtown London | $2,178 |
| East London | $2,047 |
| Highland | $1,915 |
| Huron Heights | $1,796 |
| North London | $2,281 |
| South London | $1,814 |
| Southcrest | $1,798 |
| West London | $1,927 |
| Westmount | $2,039 |
We offer both short-term and long-term furnished apartments. Each of our rentals comes with all essential amenities to make your stay enjoyable and hassle-free.
Our properties are located in prime neighborhoods. This means you’ll have easy access to public transportation, entertainment, and shopping.
Visit CorporateStays.com to explore available rentals and find the perfect apartment that meets your needs.
Comparison of Corporate Stays vs. Typical Residential Rents in London, Ontario
| Apartment Type | Corporate Stays Rent | Average Residential Rent |
|---|---|---|
| Studio | $1,512 | $1,385 |
| 1-bedroom | $1,803 | $1,613 |
| 2-bedroom | $2,294 | $2,034 |
| 3-bedroom | $2,597 | $2,355 |
| 4-bedroom | $2,839 | $2,518 |
The added value includes fully furnished apartments with high-quality amenities, professional maintenance, and prime locations that enhance the convenience and luxury of your living experience.
For personalized rental solutions and updates on new listings, contact a Corporate Stays representative. Sign up for alerts to stay informed about the latest luxury rentals in London, Ontario.
Key Factors Influencing Rent Prices in the Corporate Rental Market London, Ontario
| Factor | Description |
|---|---|
| Economic Growth | The city’s economic health can raise or lower average rent prices. |
| Industry Developments | The growth of local industries can lead to higher demand for corporate rentals. |
| Demographic Shifts | Changes in the population, like an increase in professionals, can impact rental prices. |
| Location | Properties in prime locations tend to have higher rent prices. |
| Property Size and Amenities | Larger properties with more amenities generally cost more. |
| Property Condition | Well-maintained properties often attract higher rents. |
| Market Demand and Supply | High demand and low supply can push rent prices up. |
Historical Rent Trends in London, Ontario Corporate Housing (2015–2024)
The table below shows the average rent prices in London, Ontario, from 2015 to 2024. In 2024, the average rent price for all bedroom counts is $1,960.
| Year | Average Rent (CAD) |
|---|---|
| 2015 | $1,207 |
| 2016 | $1,250 |
| 2017 | $1,310 |
| 2018 | $1,380 |
| 2019 | $1,450 |
| 2020 | $1,520 |
| 2021 | $1,600 |
| 2022 | $1,675 |
| 2023 | $1,850 |
| 2024 | $1,960 |
Average Rent in Nearby Cities for Furnished Apartments
Looking at nearby cities can provide more affordable alternatives to the London, Ontario, corporate rental market.
| Montreal | Vancouver | Toronto | Halifax | Quebec City | Edmonton | Calgary | Winnipeg |
|---|---|---|---|---|---|---|---|
| $1,850 | $2,995 | $2,700 | $1,600 | $1,500 | $1,550 | $2,045 | $1,300 |