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Neighbourhood in London

Homes for rent in South X

Name: HOMEH Market Pulse — South X, London closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

family-friendly community-oriented suburban

South X is a residential neighbourhood in London, Ontario. It offers a mix of homes and amenities, making it suitable for families and individuals alike.

Good schools with high ratings Multiple parks and playgrounds Diverse dining options Affordable housing compared to city average

Day to dayLivability

4.4

Schools near listings

out of 10 · averaged over 929 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

$449,900

25% below London 37% below Ontario

In South X

$449,900

In London

$599,900

In Ontario

$709,000

Median monthly rent

$2,175/mo

1% below London 13% below Ontario

In South X

$2,175

In London

$2,200

In Ontario

$2,500

$517

Per square foot

≈ 17.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $449,900

Houses 31 · Condos 28

For rent

Median $2,175

Condos 6 · Houses 5

Recently sold

Recently leased

Market data as of 2026-10-27. 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

Strong school ratings for families
Access to parks and recreational spaces
Lower median home prices than city average
Community-oriented atmosphere

Keep in mind

Limited public transit options
Higher renter strain compared to owners

The feel of the placeLifestyle

Residents enjoy a suburban feel with family-friendly activities and local shops. Daily life is convenient with essential amenities nearby.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

12.5 km²

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

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 12.5 km² of South X. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

4.3/10

Average rating of the 10 rated schools in this area

Elementary

Secondary

St Anthony Catholic French Immersion School
Catholic · Grades JK–8 · London District Catholic School Board
6.0/105.2 over 5 yrs
1,590th of 3,045 Ontario elementary schools
460 students · EQAO 2024-2025
Sir Wilfrid Laurier Secondary School
Public · Grades 9–12 · Thames Valley DSB
5.3/105.1 over 5 yrs
513th of 742 Ontario secondary schools
1,145 students · EQAO 2024-2025
Sir Arthur Carty Separate School
Catholic · Grades JK–8 · London District Catholic School Board
4.9/104.1 over 5 yrs
2,233rd of 3,045 Ontario elementary schools
620 students · EQAO 2024-2025
St Francis School
Catholic · Grades JK–8 · London District Catholic School Board
4.9/104.7 over 5 yrs
2,233rd of 3,045 Ontario elementary schools
545 students · EQAO 2024-2025
Cleardale Public School
Public · Grades JK–8 · Thames Valley DSB
4.7/104.5 over 5 yrs
2,322nd of 3,045 Ontario elementary schools
495 students · EQAO 2024-2025
White Oaks Public School
Public · Grades JK–8 · Thames Valley DSB
4.4/104.0 over 5 yrs
2,432nd of 3,045 Ontario elementary schools
940 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 X, 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

29,986

Population (2021)

16.4 km²

Area

1,833

People per km²

38.3

Median age

$78,954

Median income

72%

Own their home

2.8

People per household

11,060

Households

Every age

Children (under 15)19.6%
Working age (15–64)64.4%
Seniors (65+)16.0%

What is built here

Detached houses48.2%
Semi-detached11.7%
Townhouses19.5%
Low-rise apartments6.6%
High-rise apartments13.3%

Own or rent

72%Owners

29%Renters

Across 11,060 households

When it was built

Mostly 1961–1980

1960 or earlier6%
1961–198055%
1981–199026%
1991–20009%
2001–20051%
2006–20101%
2011–20151%
2016–20210%

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.

33%
Born outside Canada: 14.5%
Hold a degree or higher: 48.6%
Employment rate: 4.7%
Commute by transit: 88.8%
Commute by car: 2
Children per family: $71,434
Median income after tax: $86,830
Average household income: 15.6%
Living on a low income: $1,318/mo
Renters pay, per month: $1,102/mo
Owners pay, per month: $414,543
Median home value at census: 26.3%
Renters spending 30%+ of income on housing: 12.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 46 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 Moderate sales history

What homes in South X actually rent for

64 homes were leased in South X over the 12 months to September 2026. Half leased above $2,082 and half below, 7.6% lower than the 12 months before. A typical home found its tenant in 29 days.

Median rent: $2,082; -7.6% year over year
Days to lease: 29; 1 day slower
Leases closed: 64; last 12 months
Rent per square foot: $1.97/mo; from 62 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.

$3,113$2,508$1,904$1,300

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,983/mo

on a $3,000 asking rent — under ask by $17

−10%Asking rent+10%

Of the asking rent: 99.4%
Leased over asking: 6.3%

From 64 leases that closed here in the last 12 months.

Rent or buy in South X

17.5 years

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

Median sold price

$436,155

174 sales

Median rent

$2,082/mo

64 leases

Gross rental yield

5.73%

before costs

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

What actually rents in South X

A single median hides this: the mix of homes behind it, and what each kind costs.

64leases

Detached$2,1007.8%
Other kinds, too few of each —92.2%

How fast it moves

Median days on market, month by month. Taller means slower.

Jan 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — South X, rentals

Monthly closed leases in South X
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	6	$2,050	$1,775 – $2,213	33	100.0%
Aug 2026	5	$2,200	$1,800 – $2,300	27	100.0%
Jul 2026	6	$1,910	$1,693 – $2,150	22	100.0%
Jun 2026	6	$2,263	$1,938 – $2,344	20	100.0%
May 2026	7	$2,250	$1,425 – $2,325	23	100.0%
Apr 2026	3	Not enough leases this month to report a median
Mar 2026	5	$2,295	$2,100 – $2,500	14	96.2%
Feb 2026	5	$2,250	$2,200 – $2,350	31	100.0%
Jan 2026	2	Not enough leases this month to report a median
Dec 2025	7	$1,650	$1,600 – $2,150	18	97.6%
Nov 2025	6	$2,150	$2,100 – $2,688	15	100.0%
Oct 2025	6	$2,063	$1,656 – $2,338	47	100.0%
Sep 2025	4	Not enough leases this month to report a median
Aug 2025	3	Not enough leases this month to report a median
Jul 2025	4	Not enough leases this month to report a median
Jun 2025	2	Not enough leases this month to report a median
May 2025	6	$2,400	$2,236 – $2,988	33	100.3%
Apr 2025	3	Not enough leases this month to report a median
Mar 2025	3	Not enough leases this month to report a median
Feb 2025	2	Not enough leases this month to report a median
Jan 2025	2	Not enough leases this month to report a median
Dec 2024	3	Not enough leases this month to report a median
Nov 2024	3	Not enough leases this month to report a median
Oct 2024	5	$1,980	$1,950 – $2,300	28	100.0%
Sep 2024	3	Not enough leases this month to report a median
Aug 2024	2	Not enough leases this month to report a median
Jul 2024	6	$2,400	$2,236 – $2,575	30	100.0%
Jun 2024	3	Not enough leases this month to report a median
May 2024	4	Not enough leases this month to report a median
Apr 2024	3	Not enough leases this month to report a median
Mar 2024	4	Not enough leases this month to report a median
Feb 2024	1	Not enough leases this month to report a median
Jan 2024	6	$2,075	$1,888 – $2,150	42	100.0%
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	2	Not enough leases this month to report a median

22 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 X

How much does a home cost in South X?

Homes in South X sold for a median of $436,155 over the 12 months to September 2026, across 174 closed sales — half sold for more and half for less. That is 4.2% lower than the 12 months before it.

How long does it take to sell a home in South X?

A home in South X took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 96.9% of the asking price on average, with 6.9% selling over asking.

How much is rent in South X?

The median lease in South X closed at $2,082 a month over the 12 months to September 2026, across 64 leases.

Is it cheaper to rent or buy in South X?

A home in South X costs about 17.5 years of the rent on one — the median price of $436,155 against a median rent of $2,082 a month, a gross yield of 5.73%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in South X?

Over the 12 months to September 2026 the mix in South X was detached (35.1% of sales, median $539,798), condo apartment (10.9% of sales, median $235,684) and condo town (6.3% of sales, median $329,182).

Compiled by HOMEH from leases reported closed in South X 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 South X

A condo here is 2.3× cheaper than detached houses

Half the condo apartments that changed hands in South X over the 12 months to September 2026 sold above $235,684. The neighbourhood's median across every kind of home was $436,155 — one number, two markets.

Condo apartment$235,684

Detached$539,798

Median closed prices over the 12 months to September 2026, from 174 sales in South X. Medians describe the group, never one home.

Median condo sold price: $236K; 19 closed sales
Days to sell: 42; median, condo apartments
Share of all sales: 11%; of everything that closed here

Condo townhouses are a separate market again: 11 closed here at a median of $329,182.

18condo apartments for sale 3condo apartments for rent

At a glance