Real Estate for Rent in East M, London, ON

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Neighbourhood in London

East M

family-friendly community-oriented affordable diverse

East M is a diverse neighbourhood in London, Ontario. It offers a mix of residential options and community amenities.

Affordable housing options Strong school ratings Many parks and playgrounds Close to restaurants and cafes Diverse community demographics

At a glance

Photo of 97 Delaware Street
For RentNew Listing
Listed for:

Listed 3 days ago

$2,100

97 Delaware Street

London (East M), ON N5Z 2N4

3Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Photo of Unit 14, 917 Hamilton Road
For Rent
Listed for:

Listed 14 days ago

$1,425

Unit 14, 917 Hamilton Road

London (East M), ON N5Z 1W3

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of 133 Arundell Street
For Rent
Listed for:

Listed 17 days ago

$2,000

133 Arundell Street

London (East M), ON N5Z 2K1

3Bedrooms
2Bathrooms
0Garage
700-1.1KSq Ft

DetachedFor Rent

Photo of 46 Caprice Crescent
For RentBasement ApartmentLarge Lot
Listed for:

Listed Sep 8, 2026

$1,600

46 Caprice Crescent

London (East M), ON N5V 3M2

2Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

DetachedFor Rent

Photo of Unit 20, 917 Hamilton Road
For Rent
Listed for:

Listed Jul 16, 2026

$1,695

Unit 20, 917 Hamilton Road

London (East M), ON N5Z 1W3

2Bedrooms
1Bathroom
2Parking
900-999Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

3.9

Schools near listings

out of 10 · averaged over 502 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$453,500

24% below London 37% below Ontario

In East M

$453,500

In London

$599,900

In Ontario

$718,000

Median monthly rent

$1,648/mo

25% below London 34% below Ontario

In East M

$1,648

In London

$2,200

In Ontario

$2,500

≈ 22.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

28

Median $453,500

Houses 28

For rent

5

Median $1,648

Houses 3 · Condos 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-12. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Lower median home prices than the city average
  • Good schools for families
  • Access to parks and recreational spaces
  • Variety of dining options nearby

Keep in mind

  • Higher rental strain compared to ownership
  • Some areas may require a car for convenience

The feel of the placeLifestyle

Daily life in East M is family-oriented and community-focused. Residents enjoy local parks and convenient access to essential services.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

18.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

32

Parks

18

Playgrounds

1

Transit stations

1

Grocery stores

43

Restaurants

17

Cafés

11

Gyms

3

Libraries

4

Pharmacies

Counted across all 18.8 km² of East M. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.3/10

Average rating of the 12 rated schools in this area

21

Elementary

13

Secondary

  • London Central Secondary School

    Public · Grades 9–12 · Thames Valley DSB

    8.7/108.8 over 5 yrs

    33rd of 742 Ontario secondary schools

    955 students · EQAO 2024-2025

  • St. John French Immersion School

    Catholic · Grades JK–8 · London District Catholic School Board

    7.6/107.1 over 5 yrs

    516th of 3,045 Ontario elementary schools

    540 students · EQAO 2024-2025

  • Princess Elizabeth Public School

    Public · Grades JK–8 · Thames Valley DSB

    6.2/105.0 over 5 yrs

    1,444th of 3,045 Ontario elementary schools

    645 students · EQAO 2024-2025

  • Académie de la Tamise

    Public · French · Grades JK–6 · Conseil scolaire Viamonde

    5.8/106.0 over 5 yrs

    1,729th of 3,045 Ontario elementary schools

    260 students · EQAO 2024-2025

  • Catholic Central High School

    Catholic · Grades 9–12 · London District Catholic School Board

    5.6/105.8 over 5 yrs

    453rd of 742 Ontario secondary schools

    1,310 students · EQAO 2024-2025

  • St Sebastian Separate School

    Catholic · Grades JK–8 · London District Catholic School Board

    5.5/104.5 over 5 yrs

    1,934th of 3,045 Ontario elementary schools

    360 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside East M, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

41,590

Population (2021)

18.2 km²

Area

2,288

People per km²

39.9

Median age

$57,797

Median income

45%

Own their home

2

People per household

21,125

Households

Every age

  • Children (under 15)11.9%
  • Working age (15–64)72.8%
  • Seniors (65+)15.4%

What is built here

  • Detached houses39.7%
  • Semi-detached2.9%
  • Townhouses4.5%
  • Duplexes7%
  • Low-rise apartments23.6%
  • High-rise apartments21.4%

Own or rent

45%Owners

55%Renters

Across 21,125 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier55%
  • 1961–198021%
  • 1981–19908%
  • 1991–20006%
  • 2001–20052%
  • 2006–20101%
  • 2011–20152%
  • 2016–20213%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

16.2%
Born outside Canada
18.5%
Hold a degree or higher
53.4%
Employment rate
8.8%
Commute by transit
79.3%
Commute by car
1.6
Children per family
$52,305
Median income after tax
$67,275
Average household income
20.5%
Living on a low income
$975/mo
Renters pay, per month
$1,107/mo
Owners pay, per month
$387,477
Median home value at census
33.4%
Renters spending 30%+ of income on housing
14.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 77 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in East M actually rent for

26 homes were leased in East M over the 12 months to September 2026. Half leased above $1,607 and half below, 17.9% lower than the 12 months before. A typical home found its tenant in 38 days — 5 days slower than a year ago.

Median rent
$1,607
-17.9% year over year
Days to lease
38
5 days slower
Leases closed
26
last 12 months
Rent per square foot
$1.85/mo
from 18 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$2,206$1,935$1,665$1,394
Nov ’23Dec ’24Nov ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,985/mo

on a $3,000 asking rent — under ask by $15

−10%Asking rent+10%
Of the asking rent
99.5%
Leased over asking
3.8%

From 26 leases that closed here in the last 12 months.

Rent or buy in East M

20.6 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$396,452

94 sales

Median rent

$1,607/mo

26 leases

Gross rental yield

4.86%

before costs

Both figures come from deals that actually closed in East M over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

Every month behind these charts — East M, rentals
Monthly closed leases in East M
MonthClosedMedianMiddle halfDays% of ask
Sep 20261 Not enough leases this month to report a median
Jul 20262 Not enough leases this month to report a median
Jun 20265$1,550$1,450 – $1,87578100.0%
May 20264 Not enough leases this month to report a median
Apr 20261 Not enough leases this month to report a median
Mar 20264 Not enough leases this month to report a median
Feb 20261 Not enough leases this month to report a median
Jan 20261 Not enough leases this month to report a median
Dec 20253 Not enough leases this month to report a median
Nov 20253 Not enough leases this month to report a median
Oct 20251 Not enough leases this month to report a median
Sep 20253 Not enough leases this month to report a median
Aug 20251 Not enough leases this month to report a median
Jul 20252 Not enough leases this month to report a median
Jun 20251 Not enough leases this month to report a median
Apr 20252 Not enough leases this month to report a median
Mar 20252 Not enough leases this month to report a median
Feb 20252 Not enough leases this month to report a median
Jan 20255$1,950$1,650 – $2,15023100.0%
Dec 20241 Not enough leases this month to report a median
Nov 20242 Not enough leases this month to report a median
Sep 20241 Not enough leases this month to report a median
Aug 20243 Not enough leases this month to report a median
Jul 20244 Not enough leases this month to report a median
May 20244 Not enough leases this month to report a median
Mar 20244 Not enough leases this month to report a median
Feb 20242 Not enough leases this month to report a median
Dec 20231 Not enough leases this month to report a median
Nov 20231 Not enough leases this month to report a median

27 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about East M

How much does a home cost in East M?

Homes in East M sold for a median of $396,452 over the 12 months to September 2026, across 94 closed sales — half sold for more and half for less. That is 6.1% lower than the 12 months before it.

How long does it take to sell a home in East M?

A home in East M took a median of 26 days on the market over the 12 months to September 2026. Homes there closed at 97.3% of the asking price on average, with 17.0% selling over asking.

How much is rent in East M?

The median lease in East M closed at $1,607 a month over the 12 months to September 2026, across 26 leases.

Is it cheaper to rent or buy in East M?

A home in East M costs about 20.6 years of the rent on one — the median price of $396,452 against a median rent of $1,607 a month, a gross yield of 4.86%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in East M on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in East M

A condo here is its own market

2 condo apartments are on the market in East M right now. Too few have closed here in the last year for us to publish a median we would stand behind.