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MLS® listings · updated October 19, 2026

136 3 Bedroom Homes for Rent in London

Browse 136 3 bedroom homes for rent across London, Ontario, with recent lease prices by bedroom.

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1610 Benjamin Drive, London: home for rent
1610 Benjamin Drive · $2,575/moListed by SUTTON GROUP - SELECT REALTY, Brokerage

London at a glance

MLS® data

Homes for rent
136
For sale
674
Leased · 90 days
389
Median rent · 90 days
$2,400/mo
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London has 136 3 bedroom homes listed for rent and a median lease of $2,400/month over the last 90 days, from the MLS®.

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Properties for sale in London

Rent prices

Average and median rent by bedroom in London

Closed MLS® leases in London over the last 90 days — the monthly rent tenants actually agreed to, not asking rents. Figures from fewer than 5 leases are withheld.

BedroomsMedian rentAverage rentLeases
1 bedroom$1,399/mo$1,402/mo54
2 bedrooms$1,860/mo$1,878/mo78
3 bedrooms$2,550/mo$2,541/mo158
4+ bedrooms$3,125/mo$3,104/mo92
All bedrooms$2,400/mo$2,361/mo389
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Browse by rent

3 bedroom homes for rent in London by monthly rent

Active MLS® rental listings per monthly-rent band.

  • Under $1,500/mo
    5
  • $1,500 – $2,000/mo
    13
  • $2,000 – $2,500/mo
    51
  • $2,500 – $3,000/mo
    53
  • $3,000 – $4,000/mo
    13
  • $4,000+/mo
    1
Browse by type

London rentals by property type

Active rental listings by property type.

Browse by bedrooms

London rentals by bedroom count

  • 1+ Bedroom
    607
  • 2+ Bedrooms
    500
  • 3+ Bedrooms
    317
  • 4+ Bedrooms
    81
  • 5+ Bedrooms
    15
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Jump straight to the searches buyers and renters use most — each one updated daily from MLS® data.

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Popular London rental searches

The way renters really search — new this week, under $2,000, pet-friendly, furnished, with parking. One tap drops you on the map with that filter applied.

By postal code

Most-active postal codes in London

Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.

Nearby markets

Cities near London

Same-province markets within driving distance — useful when you're flexible on commute.

About the market

Living in London, Ontario

London has 2,486 homes listed for sale on the MLS® right now. The largest groups are detached houses (1,279), townhouses (424), condos (231) and multi-family homes (104). Another 1,072 homes are listed for rent.

Over the last 90 days, 1,800 homes sold in London at a median price of $559,950, after an average of 39 days on the market. Over the last six months, average sold prices were: detached houses $696,090, semi-detached houses $449,527, townhouses $464,762, condos $331,927 and multi-family homes $620,801.

At the current pace of sales, London's active listings would take about 4.1 months to sell — roughly balanced between buyers and sellers. Summitly's market gauge reads: London is a balanced market.

The nearest markets Summitly covers are Woodstock (44 km), Waterloo (79 km) and Kitchener (80 km).

Looking for a licensed agent? Compare London real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.

Renting in Ontario

How to rent in London

The rules that apply to most residential tenancies in Ontario, from the province and the Landlord and Tenant Board.

  1. 1

    Set a monthly budget

    Leases in London closed at a median of $2,400/month over the last 90 days — the table above breaks that down by bedroom count.

  2. 2

    View the unit and apply

    Landlords in Ontario may ask for rental history, credit references, a credit check and income information when you apply.

  3. 3

    Sign the Ontario Standard Lease

    Most private residential landlords must use the province's standard lease. If you ask for it in writing and don't get it within 21 days, you can withhold one month's rent.

  4. 4

    Pay only the deposits the law allows

    A rent deposit can be no more than one month's rent and can only be used for your last month. A refundable key deposit is allowed; damage and pet deposits are not.

  5. 5

    Know your notice rules

    Rent can go up once every 12 months with 90 days' written notice. To move out of a monthly tenancy you give at least 60 days' notice (Form N9) ending on the last day of a rental period.

Frequently asked questions

Renting in London: your questions, answered

Answered with this page's lease data and Ontario's tenancy rules.

  • How many 3 bedroom homes are for rent in London right now?

    136 3 bedroom homes are listed for rent on the MLS® in London.

  • What is the rent for a 3-bedroom in London?

    Over the last 90 days in London, 3-bedroom rentals leased at a median of $2,550/month across 158 leases. Median rent by bedroom count: 1 bedroom $1,399/month, 2 bedrooms $1,860/month, 3 bedrooms $2,550/month and 4+ bedrooms $3,125/month.

  • How much can a landlord charge as a deposit in Ontario?

    A rent deposit can be no more than one month's rent (one week's if you pay weekly) and can only be used as rent for your last month. The landlord must pay you interest on it every year at the rent-increase guideline rate. A refundable key deposit is allowed; damage and pet deposits are not.

  • Does my landlord have to use the Ontario Standard Lease?

    Landlords of most private residential rental units must use the standard lease for new tenancies. If you ask for it in writing and don't receive it within 21 days, you can withhold one month's rent.

  • How much can rent go up in London?

    The 2026 rent-increase guideline in Ontario is 2.1%. Rent can rise once every 12 months, with at least 90 days' written notice. Units first occupied for residential use after November 15, 2018 are exempt from the guideline, but the 12-month and 90-day rules still apply.

  • What are the N-forms a landlord can give?

    N-forms are Landlord and Tenant Board notices: N4 for unpaid rent, N12 when the landlord or a purchaser needs the unit, N13 for demolition, conversion or major repairs, and N5 for damage or interference. A notice does not end the tenancy by itself — only the Board can order an eviction, and only the Sheriff can enforce it.

  • When can my landlord enter my unit?

    With at least 24 hours' written notice, between 8 a.m. and 8 p.m., for reasons such as repairs, inspections or showing the unit to a buyer. Emergencies are the exception.

  • How do I end my lease in Ontario?

    Give your landlord at least 60 days' written notice using Form N9. The move-out date must be the last day of a rental period, or the end of your lease term if you have a fixed-term lease.

Licensed Ontario real estate brokerage

Coldwell Banker Summit Realty, Brokerage

Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in London, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

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Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

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