Average rent in London
A 2 bedrooms unit in London rented for $1,645 a month on average in October 2025 (▲ 6.7% in a year), rank 29 of 189 centres for two-bedroom rent (1 = highest). Check that a listing is fair before you sign.
Average monthly rent, October 2025
Bachelor
Oct 2024: $1,024 · ▲ 4.1%
$1,0661 bedroom
Oct 2024: $1,299 · ▲ 5.5%
$1,3712 bedrooms
Oct 2024: $1,541 · ▲ 6.7%
$1,6453+ bedrooms
Oct 2024: $1,750 · ▲ 7.0%
$1,872Other centres in Ontario (2 bedrooms)
Toronto$2,045Ottawa-Gatineau (Ontario part)$1,916Kitchener-Cambridge-Waterloo$1,816Guelph$1,803Saugeen Shores$1,790Kincardine$1,767Kingston$1,763Oshawa$1,762Barrie$1,749The Nation$1,692Stratford$1,663Hamilton$1,659Woodstock$1,645Collingwood$1,634Cobourg$1,610
Affordability calculator →Questions and answers
What is the average rent in London?
Bachelor: $1,066, 1 bedroom: $1,371, 2 bedrooms: $1,645, 3+ bedrooms: $1,872 a month (CMHC, October 2025).
Is rent going up in London?
The average 2 bedrooms rent changed 6.7% between October 2024 and October 2025.
What rents are included?
Average rents in purpose-built row and apartment structures of three or more units, from CMHC's Rental Market Survey.
Source: Statistics Canada, Table 34-10-0133-01, CMHC average rents for areas with a population of 10,000 and over (Statistics Canada Open Licence).