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Two‑Bedroom Apartments for Rent in London, Ontario
Market Overview As of July–August 2025, the average monthly rent for a two‑bedroom apartment in London, ON hovers around C $1,980 – C $2,155—depending on the source and property type.
Apartments.com reports an average of C $1,979/month for two bedrooms.
Rentals.ca cites C $2,155/month as of April 2025.
CorporateStays lists C $2,213/month for furnished units.
Rent Ranges & Availability Typical listings range from about C $1,350 to C $2,340, with some high-end or downtown units reaching up to C $4,700/month. Depending on the platform, 2 bedroom apartment for rent london ontario there are between 360 to 980 two‑bedroom units listed currently.
Apartment Size
On average, two‑bedroom apartments in London measure around 757–980 sq ft, with Apartments.com listing roughly 979 sq ft, and RentCafe quoting 757 sq ft.
Where to Rent: Neighborhood Highlights
Downtown London
Renters in the downtown core can expect slightly higher prices: median rent for a two‑bedroom sits around C $2,406/month. This premium reflects proximity to transit, shopping, and Western University.
Broader London Areas
In other parts of the city, prices trend closer to the overall average (C $1,980 – C $2,150/month), offering more value outside the central belt.
What to Expect & Consider
Lease Terms & Utilities Most apartments come with 12‑month leases, requiring first and last month's rent, and sometimes a damage deposit. Utilities may not be included, so inquire during your search.
Furnished vs. Unfurnished 10–20% of listings feature furnished options, typically at the higher end of the price spectrum (~C $2,213/month).
Market Trends Average rent has seen a modest year‑over‑year decline (~1–2%) in 2025, offering some relief in a previously escalating market. Rent control under Ontario law caps annual increases at about 2.5% for 2025, applying only to units built before November 2018.
Renting Tips for Two‑Bedroom Units
Define your budget: Expect to pay around C $2,000/month, planning for up to C $2,400 for higher end units.
Start searching early: Available units fill up quickly, especially before school terms or seasonal moves.
Research neighborhoods: Areas like Old East Village, White Oaks, and Byron often offer better value than Downtown.
Prepare documentation: Have proof of income, references, and photo ID ready. Pet policies and parking can vary.
Watch for scams: Be cautious of listings requiring deposits before viewing, or rent that is unusually low.
Sample Listings (Illustrative)
A C $2,050/month two‑bedroom in Old East Village: ~900 sq ft, parking included, near shops and transit.
A C $1,800/month unit in White Oaks: ~750 sq ft, basic finishes, utilities extra, ideal for budget-minded renters.
A C $2,400/month luxury apartment downtown: ~980 sq ft, furnished, gym access and secure entry.
Summary
Expect typical rents between C $1,900 and C $2,100/month for 2‑bedroom apartments in London, Ontario.
Downtown units command a premium (~C $2,400+/month).
Apartment sizes range from 750 to nearly 1,000 sq ft.
Price declines in 2025 offer some advantage, but rent control rules apply only to older buildings.