Real Estate for Rent in South B, London, ON
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Neighbourhood in London
South B
South B is a residential neighbourhood in London, Ontario. It features a mix of single-family homes and some condos, providing options for various buyers and renters.
At a glance
Day to dayLivability
6.9
Schools near listings
out of 10 · averaged over 900 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
$699,000
In South B
$699,000
In London
$599,900
In Ontario
$715,000
Median monthly rent
$2,475/mo
In South B
$2,475
In London
$2,200
In Ontario
$2,500
$431
Per square foot
≈ 23.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
78
Median $699,000
Houses 43 · Condos 35
For rent
2
Median $2,475
Condos 1 · Houses 1
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-11. 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
- Good schools with an average rating of 6.9
- Family-friendly with many parks
- Mostly single-family homes
- Stable community with low crime rates
Keep in mind
- Prices are above the city median
- Limited public transit options
- Higher rent compared to the city average
The feel of the placeLifestyle
Daily life in South B is calm and community-oriented, with families enjoying local parks and schools.
Within the boundaryWhat's nearby
The boundary
26.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
20
Parks
24
Playgrounds
2
Grocery stores
7
Restaurants
2
Cafés
3
Gyms
1
Libraries
3
Pharmacies
Counted across all 26.2 km² of South B. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
7.4/10
Average rating of the 8 rated schools in this area
8
Elementary
1
Secondary
John Dearness Public School
Public · Grades JK–8 · Thames Valley DSB
9.0/108.0 over 5 yrs91st of 3,045 Ontario elementary schools
280 students · EQAO 2024-2025
St George Separate School
Catholic · Grades JK–8 · London District Catholic School Board
8.6/107.0 over 5 yrs150th of 3,045 Ontario elementary schools
280 students · EQAO 2024-2025
St Thomas Aquinas Secondary School
Catholic · Grades 9–12 · London District Catholic School Board
7.8/107.3 over 5 yrs111th of 742 Ontario secondary schools
1,425 students · EQAO 2024-2025
Byron Somerset Public School
Public · Grades JK–8 · Thames Valley DSB
7.4/107.7 over 5 yrs626th of 3,045 Ontario elementary schools
600 students · EQAO 2024-2025
Byron Southwood Public School
Public · Grades JK–8 · Thames Valley DSB
7.2/107.3 over 5 yrs751st of 3,045 Ontario elementary schools
540 students · EQAO 2024-2025
Byron Northview Public School
Public · Grades JK–8 · Thames Valley DSB
6.9/107.4 over 5 yrs963rd of 3,045 Ontario elementary schools
575 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South B, 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
28,681
Population (2021)
32.5 km²
Area
883
People per km²
47
Median age
$122,642
Median income
82%
Own their home
2.6
People per household
11,105
Households
Every age
- Children (under 15)17.6%
- Working age (15–64)57.6%
- Seniors (65+)24.8%
What is built here
- Detached houses70%
- Semi-detached0.9%
- Townhouses17.3%
- Duplexes0.5%
- Low-rise apartments5.1%
- High-rise apartments5.9%
Own or rent
82%Owners
18%Renters
Across 11,105 households
When it was built
Mostly 1961–1980
- 1960 or earlier11%
- 1961–198027%
- 1981–199016%
- 1991–200010%
- 2001–20058%
- 2006–201010%
- 2011–20157%
- 2016–202111%
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.
- 18.2%
- Born outside Canada
- 38.5%
- Hold a degree or higher
- 53.5%
- Employment rate
- 1.6%
- Commute by transit
- 92.5%
- Commute by car
- 1.8
- Children per family
- $103,736
- Median income after tax
- $147,161
- Average household income
- 5.9%
- Living on a low income
- $1,650/mo
- Renters pay, per month
- $1,390/mo
- Owners pay, per month
- $714,797
- Median home value at census
- 34.4%
- Renters spending 30%+ of income on housing
- 9.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 41 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 school registry
What homes in South B actually rent for
44 homes were leased in South B over the 12 months to September 2026. Half leased above $2,664 and half below, 2.1% lower than the 12 months before. A typical home found its tenant in 26 days — 2 days quicker than a year ago.
- Median rent
- $2,664
- -2.1% year over year
- Days to lease
- 26
- 2 days quicker
- Leases closed
- 44
- last 12 months
- Rent per square foot
- $1.82/mo
- from 42 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.
What renters actually paid
$2,998/mo
on a $3,000 asking rent — under ask by $2
- Of the asking rent
- 99.9%
- Leased over asking
- 11.4%
From 44 leases that closed here in the last 12 months.
Rent or buy in South B
20.3 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$648,240
152 sales
Median rent
$2,664/mo
44 leases
Gross rental yield
4.93%
before costs
Both figures come from deals that actually closed in South B over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — South B, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 3 | Not enough leases this month to report a median | |||
| Jul 2026 | 4 | Not enough leases this month to report a median | |||
| Jun 2026 | 4 | Not enough leases this month to report a median | |||
| May 2026 | 7 | $2,300 | $2,298 – $2,713 | 21 | 100.0% |
| Apr 2026 | 4 | Not enough leases this month to report a median | |||
| Mar 2026 | 7 | $3,200 | $1,850 – $3,213 | 24 | 100.0% |
| Feb 2026 | 3 | Not enough leases this month to report a median | |||
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 5 | $2,750 | $2,700 – $2,850 | 27 | 100.0% |
| Oct 2025 | 5 | $2,660 | $2,600 – $2,750 | 14 | 100.0% |
| Sep 2025 | 4 | Not enough leases this month to report a median | |||
| Aug 2025 | 2 | Not enough leases this month to report a median | |||
| Jul 2025 | 5 | $3,100 | $2,695 – $3,300 | 26 | 100.0% |
| Jun 2025 | 3 | Not enough leases this month to report a median | |||
| May 2025 | 2 | Not enough leases this month to report a median | |||
| Apr 2025 | 5 | $2,800 | $2,400 – $3,200 | 12 | 100.0% |
| Mar 2025 | 4 | Not enough leases this month to report a median | |||
| Feb 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 3 | Not enough leases this month to report a median | |||
| Dec 2024 | 1 | Not enough leases this month to report a median | |||
| Nov 2024 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 4 | Not enough leases this month to report a median | |||
| Aug 2024 | 6 | $2,975 | $2,763 – $3,188 | 43 | 100.0% |
| Jul 2024 | 4 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 4 | Not enough leases this month to report a median | |||
| Feb 2024 | 3 | Not enough leases this month to report a median | |||
| Jan 2024 | 2 | Not enough leases this month to report a median | |||
| Dec 2023 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 2 | Not enough leases this month to report a median | |||
| Oct 2023 | 1 | Not enough leases this month to report a median | |||
25 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 South B
How much does a home cost in South B?
Homes in South B sold for a median of $648,240 over the 12 months to September 2026, across 152 closed sales — half sold for more and half for less. That is 6.4% lower than the 12 months before it.
How long does it take to sell a home in South B?
A home in South B took a median of 32 days on the market over the 12 months to September 2026. Homes there closed at 97.8% of the asking price on average, with 17.1% selling over asking.
How much is rent in South B?
The median lease in South B closed at $2,664 a month over the 12 months to September 2026, across 44 leases.
Is it cheaper to rent or buy in South B?
A home in South B costs about 20.3 years of the rent on one — the median price of $648,240 against a median rent of $2,664 a month, a gross yield of 4.93%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in South B?
Over the 12 months to September 2026 the mix in South B was detached (45.4% of sales, median $884,320) and condo town (7.2% of sales, median $564,909).
Compiled by HOMEH from leases reported closed in South B 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.
A condo here is its own market
15 condo apartments and 15 condo townhouses are on the market in South B right now. Too few have closed here in the last year for us to publish a median we would stand behind.
Condo townhouses are a separate market again: 11 closed here at a median of $564,909.