Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $4,041 | -1.1% |
1-bed apartments | $1,369 | -34.5% |
2-bed apartments | $2,636 | -17.7% |
3-bed apartments | $3,292 | -34.2% |
4+ bed apartments | $3,111 | -63.4% |
Over the May 2023, the average rent for an apartment in/near London, ON, Canada decreased by 36.4% to CA$2,638.
Compared to the last month, the average price for a rental studio in London, ON, Canada has decreased by 1.1%. You can expect to rent the studio for CA$4,041 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 34.5% to CA$1,369. Pricing for 2-bed apartment also decreased by 17.7% and a place of this size will now cost you CA$2,636. 3-bed apartment rent pricing starts at CA$3,292, it decreased by 34.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 63.4% and made it down to CA$3,111.
Rent Type Price |
May | vs Last Month |
---|---|---|
Rooms for rent | $559 | -6.5% |
Houses for rent | $4,549 | -28% |
Condos for rent | $2,553 | -9.3% |
Apartments for rent | $2,239 | -7.3% |
The median rent for an apartment in London, ON, Canada decreased by 7.3% to CA$2,239. Statistics show that house rent price decreased by 28% this month making it up to CA$4,549. Condos faced an upward trend these days. The median rent for a condo decreased by 9.3%, it’s now available for CA$2,553. An average room will now go for CA$559, the median rent price for a room decreased by 6.5%. Townhouse rent pricing didn’t change, the price still starts at CA$5,257.