Real Estate for Rent in South O, London, ON
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Neighbourhood in London
South O
South O is a vibrant neighbourhood in London, Ontario, known for its diverse community and amenities. It offers a mix of residential options and easy access to schools and parks.
At a glance
Day to dayLivability
5.4
Schools near listings
out of 10 · averaged over 330 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
$627,500
In South O
$627,500
In London
$599,900
In Ontario
$718,000
Median monthly rent
$2,100/mo
In South O
$2,100
In London
$2,200
In Ontario
$2,500
≈ 24.9 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
12
Median $627,500
Houses 8 · Condos 4
For rent
1
Median $2,100
Condos 1
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-10-13. 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 school ratings for families
- Many parks for outdoor activities
- Diverse community with various housing types
- Close to grocery stores and restaurants
Keep in mind
- Median prices are above city averages
- High percentage of renters may affect community stability
The feel of the placeLifestyle
Daily life in South O is active and family-oriented, with plenty of recreational options. Residents enjoy a mix of suburban comfort and community engagement.
Within the boundaryWhat's nearby
The boundary
10.9 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
22
Parks
22
Playgrounds
4
Grocery stores
16
Restaurants
7
Cafés
4
Gyms
8
Pharmacies
Counted across all 10.9 km² of South O. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
5.1/10
Average rating of the 7 rated schools in this area
7
Elementary
1
Secondary
École élémentaire catholique Frère André
Independent · French · Grades JK–6 · CSC Providence
7.6/107.0 over 5 yrs516th of 3,045 Ontario elementary schools
460 students · EQAO 2024-2025
St Jude Separate School
Catholic · Grades JK–8 · London District Catholic School Board
7.0/106.4 over 5 yrs888th of 3,045 Ontario elementary schools
390 students · EQAO 2024-2025
Sir Isaac Brock Public School
Public · Grades JK–8 · Thames Valley DSB
6.2/105.3 over 5 yrs1,444th of 3,045 Ontario elementary schools
575 students · EQAO 2024-2025
W Sherwood Fox Public School
Public · Grades JK–8 · Thames Valley DSB
4.5/104.2 over 5 yrs2,393rd of 3,045 Ontario elementary schools
550 students · EQAO 2024-2025
Arthur Ford Public School
Public · Grades JK–8 · Thames Valley DSB
4.4/104.1 over 5 yrs2,432nd of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025
Victoria Public School
Public · Grades JK–8 · Thames Valley DSB
3.5/102.2 over 5 yrs2,726th of 3,045 Ontario elementary schools
285 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 O, 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
32,272
Population (2021)
10.5 km²
Area
3,089
People per km²
42.3
Median age
$71,102
Median income
49%
Own their home
2.2
People per household
14,805
Households
Every age
- Children (under 15)15.3%
- Working age (15–64)64.1%
- Seniors (65+)20.6%
What is built here
- Detached houses36.4%
- Semi-detached2%
- Townhouses13.4%
- Duplexes2.5%
- Low-rise apartments10.9%
- High-rise apartments33.7%
Own or rent
49%Owners
51%Renters
Across 14,805 households
When it was built
Mostly 1961–1980
- 1960 or earlier21%
- 1961–198041%
- 1981–199020%
- 1991–200012%
- 2001–20052%
- 2006–20102%
- 2011–20151%
- 2016–20211%
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.
- 23.9%
- Born outside Canada
- 24.5%
- Hold a degree or higher
- 51.5%
- Employment rate
- 5.2%
- Commute by transit
- 86.8%
- Commute by car
- 1.8
- Children per family
- $63,646
- Median income after tax
- $84,340
- Average household income
- 16.6%
- Living on a low income
- $1,057/mo
- Renters pay, per month
- $1,170/mo
- Owners pay, per month
- $489,845
- Median home value at census
- 34.5%
- Renters spending 30%+ of income on housing
- 13.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 47 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
What homes in South O actually rent for
25 homes were leased in South O over the 12 months to September 2026. Half leased above $2,268 and half below, 0.3% lower than the 12 months before. A typical home found its tenant in 34 days — 3 days slower than a year ago.
- Median rent
- $2,268
- -0.3% year over year
- Days to lease
- 34
- 3 days slower
- Leases closed
- 25
- last 12 months
- Rent per square foot
- $1.89/mo
- from 25 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
$2,981/mo
on a $3,000 asking rent — under ask by $19
- Of the asking rent
- 99.4%
- Leased over asking
- 4%
From 25 leases that closed here in the last 12 months.
Rent or buy in South O
18.9 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$514,915
71 sales
Median rent
$2,268/mo
25 leases
Gross rental yield
5.29%
before costs
Both figures come from deals that actually closed in South O 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 — South O, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Aug 2026 | 2 | Not enough leases this month to report a median | |||
| Jul 2026 | 3 | Not enough leases this month to report a median | |||
| Jun 2026 | 2 | Not enough leases this month to report a median | |||
| May 2026 | 4 | Not enough leases this month to report a median | |||
| Apr 2026 | 4 | Not enough leases this month to report a median | |||
| Mar 2026 | 4 | 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 | |||
| Oct 2025 | 4 | Not enough leases this month to report a median | |||
| Sep 2025 | 1 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 1 | Not enough leases this month to report a median | |||
| May 2025 | 1 | Not enough leases this month to report a median | |||
| Mar 2025 | 1 | Not enough leases this month to report a median | |||
| Feb 2025 | 3 | Not enough leases this month to report a median | |||
| Jan 2025 | 2 | Not enough leases this month to report a median | |||
| Dec 2024 | 2 | Not enough leases this month to report a median | |||
| Oct 2024 | 1 | Not enough leases this month to report a median | |||
| Aug 2024 | 1 | Not enough leases this month to report a median | |||
| Jul 2024 | 2 | Not enough leases this month to report a median | |||
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 2 | Not enough leases this month to report a median | |||
| Jan 2024 | 3 | Not enough leases this month to report a median | |||
24 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 O
How much does a home cost in South O?
Homes in South O sold for a median of $514,915 over the 12 months to September 2026, across 71 closed sales — half sold for more and half for less. That is 8.1% lower than the 12 months before it.
How long does it take to sell a home in South O?
A home in South O took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 97.3% of the asking price on average, with 15.5% selling over asking.
How much is rent in South O?
The median lease in South O closed at $2,268 a month over the 12 months to September 2026, across 25 leases.
Is it cheaper to rent or buy in South O?
A home in South O costs about 18.9 years of the rent on one — the median price of $514,915 against a median rent of $2,268 a month, a gross yield of 5.29%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in South O?
Over the 12 months to September 2026 the mix in South O was detached (15.5% of sales, median $639,455) and condo town (7.0% of sales, median $324,000).
Compiled by HOMEH from leases reported closed in South O 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
1 condo apartment and 3 condo townhouses are on the market in South O 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: 5 closed here at a median of $324,000.