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rental report london

London Rental Report: Updated June 2018

26 October 2017 Aidan Rushby Read time: 13 min
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Aidan Rushby
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Latest Update: June 2018

Many renters have requested some insights about the average rental prices across the Capital's different areas, so we've put together this guide to give you a better idea of what the London's rental market looks like.

In this article, you'll find useful information about the most and least expensive areas to rent a property in London. We've checked out the average monthly prices for the most searched types of properties: studios, 1 bedroom and 2 bedromm flats. Read on to discover the latest figures

Main findings...

In May 2018, the average price for a studio flat in London was £1,032, showing a decrease of 3% compared to the same month last year. For 1-bed properties, Movebubble has recorded an average price of £1,343 in May, and the price of 2-bed flats averaged £1,788.

Mayfair shows the highest average prices for both 1 and 2 bed flats, with monthly rents reaching over £6,300.

If you're looking for a studio flat to rent on a budget, you should probably stay away from Tower Hill. In this area, a studio flat will cost you on average £2,943


Image credit: Giphy

Check out the following tables to discover what are the highest and the lowest prices for the different types of accommodation ⬇️

Studio flats

Interested in renting a studio flat? The following table contains the 3 most expensive and the 3 least expensive areas to rent one.

1 bed flats

Check out the following table to discover the 3 priciest and the 3 cheapest areas to rent a 1 bedroom flat in London.

 

2 bed flats

Finally, take a look at the table that follows. It shows the 3 most expensive and the 3 least expensive areas for a 2 bed flat to rent!

All London areas ~ 1 bed flats

...Looking for a specific area? Use the following table to find out what's the average price per month and the difference in price compared to the same period in 2017 for 1 bedroom properties

 

 

Ranking Area 1 bed May 2018 1 bed May 2017 % Change
1 Mayfair £3,928 £3,318 18.36%
2 Belgravia £2,856 £2,860 -0.14%
3 Knightsbridge £2,848 £2,869 -0.75%
4 Brompton £2,822 £2,880 -2.03%
5 Aldwych £2,795 £2,788 0.24%
6 South Kensington £2,674 £2,524 5.92%
7 Tower Hill £2,599 £3,321 -21.76%
8 Bankside £2,562 £2,456 4.32%
9 Fitzrovia £2,517 £2,205 14.12%
10 St James's £2,473 £2,347 5.38%
11 Charing Cross £2,436 £2,349 3.67%
12 London Zone 1 £2,363 £2,310 2.31%
13 Covent Garden £2,358 £2,322 1.58%
14 Marylebone £2,330 £2,304 1.09%
15 Soho £2,305 £2,322 -0.71%
16 Chinatown £2,256 £2,159 4.53%
17 Chelsea £2,250 £2,270 -0.88%
18 Kensington £2,226 £2,191 1.61%
19 Holland Park £2,184 £1,926 13.40%
20 Temple £2,142 £2,374 -9.79%
21 Barbican £2,111 £2,163 -2.42%
22 Westminster £2,109 £2,017 4.55%
23 Notting Hill £2,097 £2,029 3.36%
24 Holborn £2,085 £2,094 -0.45%
25 Aldgate £2,085 £1,983 5.16%
26 Clerkenwell £2,083 £1,987 4.84%
27 West London £2,079 £2,000 3.96%
28 Pimlico £2,075 £2,030 2.18%
29 Millbank £2,075 £1,986 4.44%
30 Bayswater £2,068 £2,009 2.97%
31 Paddington £2,055 £1,903 7.97%
32 Finsbury £2,046 £1,914 6.92%
33 Earls Court £2,005 £1,966 1.98%
34 Farringdon £2,003 £2,044 -2.01%
35 Nine Elms £1,997 £1,974 1.12%
36 Shoreditch £1,986 £1,881 5.61%
37 Angel £1,972 £1,871 5.35%
38 West Brompton £1,934 £1,956 -1.13%
39 St Luke's £1,921 £2,353 -18.34%
40 Walworth £1,908 £1,266 50.69%
41 Bloomsbury £1,906 £1,811 5.26%
42 Spitalfields £1,903 £1,887 0.86%
43 Vauxhall £1,887 £1,849 2.08%
44 Lambeth £1,870 £1,636 14.36%
45 Hammersmith £1,866 £1,540 21.16%
46 Wapping £1,861 £1,692 10.00%
47 Blackfriars £1,845 £1,668 10.62%
48 Lisson Grove £1,842 £2,210 -16.63%
49 King's Cross £1,835 £1,747 5.06%
50 St Pancras £1,822 £1,697 7.39%
51 Sands End £1,817 £1,801 0.92%
52 Elephant and Castle £1,810 £1,428 26.75%
53 Whitechapel £1,807 £1,755 3.00%
54 St John's Wood £1,794 £1,902 -5.65%
55 Hoxton £1,787 £1,713 4.32%
56 Newington £1,782 £1,586 12.34%
57 Shadwell £1,767 £1,707 3.52%
58 Stepney £1,767 £1,707 3.52%
59 Barnsbury £1,766 £1,702 3.75%
60 Pentonville £1,766 £1,702 3.75%
61 South-West London £1,760 £1,801 -2.24%
62 Islington £1,757 £1,712 2.61%
63 West Kensington £1,755 £1,651 6.30%
64 Primrose Hill £1,751 £1,895 -7.57%
65 Maida Vale £1,703 £1,694 0.48%
66 Stockwell £1,700 £1,688 0.71%
67 South London £1,697 £1,719 -1.27%
68 Belsize Park £1,671 £1,660 0.65%
69 North Kensington £1,664 £1,663 0.07%
70 West Hampstead £1,656 £1,659 -0.19%
71 Hampstead £1,653 £1,664 -0.65%
72 Canonbury £1,648 £1,628 1.23%
73 Camden Town £1,646 £1,705 -3.47%
74 Chalk Farm £1,645 £1,632 0.82%
75 Kennington £1,641 £1,555 5.59%
76 Fulham £1,640 £1,675 -2.11%
77 Millwall £1,631 £1,645 -0.83%
78 Battersea £1,630 £1,582 3.00%
79 Blackwall £1,611 £1,583 1.78%
80 Haggerston £1,609 £1,557 3.33%
81 Parsons Green £1,605 £1,654 -3.00%
82 Swiss Cottage £1,604 £1,605 -0.04%
83 Bermondsey £1,602 £1,530 4.77%
84 Upton £1,592 £1,105 44.06%
85 Upton Park £1,592 £1,105 44.06%
86 Isle of Dogs £1,587 £1,602 -0.98%
87 Canary Wharf £1,587 £1,613 -1.63%
88 Dartmouth Park £1,582 £1,429 10.71%
89 Bedford Park £1,576 £1,487 5.95%
90 De Beauvoir Town £1,575 £1,533 2.77%
91 Bethnal Green £1,574 £1,538 2.32%
92 North-West London £1,574 £1,681 -6.37%
93 Leamouth £1,569 £1,634 -4.02%
94 London £1,568 £1,575 -0.43%
95 Dalston £1,553 £1,506 3.09%
96 Surrey Quays £1,545 £1,410 9.56%
97 Gospel Oak £1,533 £1,543 -0.68%
98 Rotherhithe £1,532 £1,468 4.37%
99 Limehouse £1,530 £1,538 -0.52%
100 Upper Clapton £1,525 £1,284 18.78%
101 Poplar £1,519 £1,551 -2.07%
102 Shepherd's Bush £1,512 £1,369 10.45%
103 White City £1,512 £1,369 10.45%
104 Wormwood Scrubs £1,512 £1,369 10.45%
105 Cambridge Heath £1,507 £1,483 1.61%
106 Hackney £1,506 £1,492 0.99%
107 Highbury £1,504 £1,530 -1.65%
108 North London £1,497 £1,513 -1.06%
109 North-East London £1,494 £1,492 0.13%
110 Clapham £1,491 £1,509 -1.23%
111 Chiswick £1,490 £1,479 0.74%
112 Hampstead Garden Suburb £1,488 £1,548 -3.84%
113 Kentish Town £1,483 £1,504 -1.36%
114 Gunnersbury £1,479 £1,416 4.42%
115 Kilburn £1,475 £1,485 -0.71%
116 Tufnell Park £1,471 £1,424 3.32%
117 Brondesbury £1,471 £1,481 -0.67%
118 Queen's Park £1,469 £1,422 3.29%
119 Richmond £1,462 £1,497 -2.36%
120 East London £1,461 £1,459 0.10%
121 South Hackney £1,458 £1,545 -5.65%
122 Archway £1,443 £1,349 6.94%
123 Canning Town £1,441 £1,342 7.40%
124 Maze Hill £1,438 £1,434 0.26%
125 Holloway £1,437 £1,424 0.89%
126 Lea Bridge £1,436 £1,368 4.94%
127 Lower Clapton £1,430 £1,385 3.26%
128 Putney £1,428 £1,427 0.02%
129 Highgate £1,427 £1,382 3.30%
130 Barnes £1,425 £1,419 0.42%
131 Mile End £1,422 £1,368 3.97%
132 Shacklewell £1,418 £1,582 -10.36%
133 Hackney Marshes £1,418 £1,367 3.72%
134 Cubitt Town £1,416 £1,365 3.75%
135 Kew £1,411 £1,344 4.99%
136 South-East London £1,405 £1,346 4.37%
137 Stoke Newington £1,398 £1,430 -2.18%
138 Wandsworth £1,396 £1,398 -0.14%
139 Balham £1,388 £1,398 -0.78%
140 Stratford £1,385 £1,441 -3.90%
141 Custom House £1,382 £1,308 5.66%
142 Old Ford £1,374 £1,414 -2.82%
143 Brixton £1,373 £1,386 -0.91%
144 Earlsfield £1,371 £1,363 0.62%
145 Brentford £1,361 £1,397 -2.56%
146 Homerton £1,361 £1,391 -2.13%
147 Hackney Wick £1,361 £1,361 -0.01%
148 Bow £1,356 £1,378 -1.57%
149 Ladywell £1,355 £1,226 10.54%
150 Greenwich £1,353 £1,370 -1.26%
151 Southfields £1,348 £1,347 0.11%
152 Acton £1,347 £1,371 -1.75%
153 Muswell Hill £1,347 £1,224 10.12%
154 Bromley-by-Bow £1,343 £1,378 -2.57%
155 Crouch End £1,333 £1,287 3.57%
156 Denmark Hill £1,323 £1,283 3.13%
157 Hornsey £1,319 £1,266 4.21%
158 Turnpike Lane £1,319 £1,266 4.21%
159 North Woolwich £1,317 £1,253 5.15%
160 Silvertown £1,317 £1,253 5.15%
161 Childs Hill £1,309 £1,332 -1.68%
162 Kingston Vale £1,309 £1,237 5.79%
163 Roehampton £1,308 £1,343 -2.61%
164 East Sheen £1,308 £1,345 -2.76%
165 Mortlake £1,308 £1,345 -2.76%
166 Finsbury Park £1,308 £1,358 -3.69%
167 Ealing £1,304 £1,331 -2.07%
168 Wembley £1,302 £1,215 7.11%
169 Park Royal £1,301 £1,328 -2.00%
170 Willesden £1,299 £1,307 -0.61%
171 Lewisham £1,296 £1,163 11.45%
172 Cricklewood £1,296 £1,297 -0.08%
173 Kensal Green £1,290 £1,345 -4.07%
174 Woodside £1,289 £1,196 7.80%
175 Woodside Park £1,289 £1,196 7.80%
176 West Green £1,284 £1,250 2.72%
177 Stroud Green £1,275 £1,299 -1.83%
178 Tooting £1,275 £1,260 1.17%
179 Golders Green £1,272 £1,302 -2.27%
180 Harringay £1,271 £1,244 2.16%
181 Deptford £1,270 £1,302 -2.45%
182 West Ham £1,268 £1,282 -1.11%
183 Peckham £1,267 £1,223 3.62%
184 Wimbledon £1,266 £1,266 0.00%
185 Blackheath £1,264 £1,248 1.23%
186 Seven Sisters £1,260 £1,331 -5.33%
187 East Dulwich £1,257 £1,280 -1.77%
188 St Margarets £1,255 £1,268 -0.99%
189 Camberwell £1,255 £1,285 -2.31%
190 South Wimbledon £1,250 £1,243 0.59%
191 Forest Gate £1,248 £1,083 15.25%
192 Colindale £1,247 £1,228 1.57%
193 Kingsbury £1,247 £1,228 1.57%
194 Westcombe Park £1,240 £1,185 4.63%
195 Nunhead £1,236 £1,253 -1.34%
196 Raynes Park £1,234 £1,225 0.74%
197 Twickenham £1,233 £1,189 3.67%
198 West Ealing £1,229 £1,234 -0.34%
199 Dollis Hill £1,226 £1,167 5.00%
200 Dulwich £1,224 £1,235 -0.86%
201 Walthamstow £1,222 £1,148 6.41%
202 Walthamstow Village £1,222 £1,148 6.41%
203 Herne Hill £1,221 £1,239 -1.45%
204 Hendon £1,219 £1,221 -0.14%
205 Neasden £1,218 £1,250 -2.52%
206 Perivale £1,216 £1,175 3.49%
207 Colliers Wood £1,212 £1,188 2.05%
208 East Finchley £1,208 £1,185 1.92%
209 St Johns £1,201 £1,266 -5.11%
210 Honor Oak £1,196 £1,233 -3.05%
211 Stamford Hill £1,196 £1,295 -7.65%
212 Teddington £1,196 £1,169 2.38%
213 Grange Park £1,195 £1,102 8.45%
214 Harrow-on-the-Hill £1,193 £1,200 -0.59%
215 Harlesden £1,192 £1,254 -4.98%
216 Tulse Hill £1,190 £1,286 -7.43%
217 Brent Cross £1,189 £1,162 2.36%
218 Oakleigh Park £1,184 £1,290 -8.21%
219 Hither Green £1,183 £1,082 9.36%
220 North Finchley £1,182 £1,145 3.27%
221 Finchley £1,179 £1,175 0.32%
222 Kingston upon Thames £1,177 £1,184 -0.58%
223 Colney Hatch £1,166 £1,138 2.54%
224 Hampton Wick £1,166 £1,161 0.43%
225 The Hyde £1,165 £1,206 -3.40%
226 Church End £1,162 £1,214 -4.24%
227 Hanwell £1,157 £1,142 1.24%
228 Alperton £1,156 £1,138 1.56%
229 New Cross £1,153 £1,145 0.73%
230 Streatham £1,152 £1,204 -4.29%
231 Manor House £1,149 £1,215 -5.42%
232 Crofton Park £1,147 £1,175 -2.43%
233 Brockley £1,140 £1,175 -3.03%
234 South Woodford £1,138 £1,135 0.26%
235 Woodford £1,138 £1,135 0.26%
236 Hampton Hill £1,131 £1,007 12.32%
237 Charlton £1,128 £1,043 8.22%
238 Bounds Green £1,127 £1,130 -0.29%
239 Malden Rushett £1,124 £1,109 1.35%
240 New Malden £1,124 £1,109 1.35%
241 Isleworth £1,124 £1,122 0.13%
242 Plaistow £1,124 £1,110 1.33%
243 Gipsy Hill £1,122 £1,126 -0.36%
244 Hayes £1,121 £1,055 6.24%
245 Snaresbrook £1,121 £1,111 0.91%
246 Stanmore £1,118 £1,134 -1.44%
247 Southgate £1,117 £1,093 2.12%
248 Mill Hill £1,117 £1,137 -1.76%
249 Yiewsley £1,116 £1,016 9.81%
250 Osterley £1,114 £1,110 0.36%
251 Kidbrooke £1,112 £1,192 -6.76%
252 Barkingside £1,110 £925 20.00%
253 West Norwood £1,106 £1,295 -14.55%
254 Whetstone £1,104 £1,173 -5.89%
255 Tottenham £1,104 £1,104 0.03%
256 Leyton £1,104 £1,062 3.99%
257 Leytonstone £1,103 £1,067 3.35%
258 Wood Green £1,100 £1,144 -3.83%
259 Wanstead £1,099 £1,123 -2.08%
260 Worcester Park £1,098 £1,071 2.53%
261 Friern Barnet £1,098 £1,152 -4.71%
262 Harrow £1,097 £1,092 0.49%
263 Forest Hill £1,097 £1,127 -2.70%
264 New Southgate £1,095 £1,100 -0.46%
265 Bowes Park £1,093 £1,090 0.29%
266 Brunswick Park £1,092 £1,146 -4.75%
267 Redbridge £1,092 £1,193 -8.42%
268 South Tottenham £1,090 £1,192 -8.52%
269 Sudbury £1,088 £1,064 2.26%
270 New Barnet £1,086 £1,140 -4.77%
271 Catford £1,085 £981 10.59%
272 Arnos Grove £1,082 £1,103 -1.90%
273 Palmers Green £1,082 £1,084 -0.14%
274 Norbiton £1,081 £1,106 -2.27%
275 Lee £1,078 £1,086 -0.79%
276 Little Ilford £1,078 £970 11.16%
277 Manor Park £1,078 £970 11.16%
278 Woolwich £1,078 £1,065 1.18%
279 Tottenham Hale £1,077 £1,169 -7.91%
280 Hounslow £1,076 £986 9.16%
281 Sydenham £1,075 £1,046 2.81%
282 Upper Walthamstow £1,075 £1,112 -3.32%
283 Winchmore Hill £1,073 £1,062 1.05%
284 Cann Hall £1,071 £1,075 -0.38%
285 Eltham £1,067 £1,031 3.54%
286 Barnet £1,067 £1,124 -5.11%
287 Hampton £1,060 £995 6.53%
288 Edgware £1,059 £1,108 -4.39%
289 Upper Norwood £1,055 £1,073 -1.66%
290 Crystal Palace £1,054 £1,083 -2.72%
291 Gants Hill £1,053 £1,035 1.76%
292 Surbiton £1,053 £1,047 0.65%
293 North Harrow £1,050 £1,019 3.01%
294 Ruislip £1,048 £1,046 0.19%
295 Woodford Green £1,043 £1,071 -2.60%
296 Northwood £1,043 £999 4.41%
297 Beckton £1,042 £1,243 -16.23%
298 Creekmouth £1,040 £1,028 1.10%
299 Harefield £1,040 £875 18.86%
300 Ponders End £1,038 £1,014 2.37%
301 Barking £1,038 £1,029 0.92%
302 Tolworth £1,038 £952 8.97%
303 Hadley Wood £1,035 £1,129 -8.33%
304 Morden £1,030 £1,028 0.14%
305 Ickenham £1,030 £1,012 1.77%
306 Norbury £1,023 £1,057 -3.22%
307 Shooter's Hill £1,018 £982 3.65%
308 Greenford £1,018 £1,035 -1.65%
309 West Drayton £1,017 £1,055 -3.55%
310 Bromley £1,015 £999 1.63%
311 Orpington £1,015 £924 9.89%
312 Burnt Oak £1,013 £1,053 -3.81%
313 East Ham £1,011 £1,139 -11.23%
314 Addington £1,010 £945 6.83%
315 Uxbridge £1,005 £1,021 -1.54%
316 Grove Park £1,003 £1,017 -1.34%
317 Edmonton £1,003 £1,045 -3.94%
318 South Harrow £1,002 £1,062 -5.69%
319 Pinner £1,000 £1,013 -1.33%
320 Berrylands £998 £1,073 -7.04%
321 Cockfosters £998 £1,013 -1.50%
322 Heston £998 £1,050 -4.93%
323 Highams Park £997 £966 3.21%
324 Southall £995 £1,075 -7.46%
325 Rainham £993 £825 20.39%
326 South Ruislip £993 £1,061 -6.41%
327 Ilford £988 £977 1.04%
328 Wealdstone £986 £946 4.19%
329 Beckenham £985 £972 1.40%
330 Chingford £983 £981 0.20%
331 Bellingham £982 £991 -0.89%
332 Hatch End £977 £1,016 -3.85%
333 Anerley £973 £1,026 -5.19%
334 Penge £973 £1,026 -5.19%
335 Whitton £973 £1,086 -10.41%
336 Mitcham £968 £984 -1.59%
337 Croydon £967 £1,015 -4.73%
338 Bickley £961 £968 -0.73%
339 Northolt £960 £1,005 -4.44%
340 Chislehurst £960 £960 0.08%
341 Hanworth £953 £935 1.90%
342 Goodmayes £950 £962 -1.21%
343 New Addington £950 £997 -4.75%
344 Chessington £948 £845 12.22%
345 Harold Wood £948 £874 8.48%
346 Hainault £947 £954 -0.81%
347 Purley £947 £918 3.15%
348 Queensbury £945 £950 -0.54%
349 Shirley £944 £997 -5.30%
350 Chadwell Heath £942 £933 0.93%
351 Harlington £940 £924 1.74%
352 Gidea Park £936 £985 -4.97%
353 Plumstead £936 £932 0.41%
354 South Croydon £935 £917 1.92%
355 Romford £933 £934 -0.19%
356 Yeading £933 £967 -3.49%
357 Addiscombe £929 £1,047 -11.26%
358 West Wickham £928 £910 1.97%
359 Cheam £924 £880 5.00%
360 Sidcup £924 £956 -3.38%
361 Kenton £922 £942 -2.08%
362 Mottingham £922 £945 -2.41%
363 Seven Kings £922 £922 0.02%
364 Selhurst £921 £966 -4.67%
365 South Norwood £920 £939 -2.06%
366 Bexley £919 £920 -0.13%
367 Becontree £919 £886 3.83%
368 Sutton £919 £921 -0.18%
369 Old Malden £919 £1,006 -8.60%
370 Feltham £913 £948 -3.67%
371 Hillingdon £912 £1,064 -14.31%
372 Welling £909 £953 -4.57%
373 Cowley £907 £987 -8.09%
374 Wallington £905 £902 0.40%
375 St Mary Cray £904 £863 4.81%
376 Sanderstead £901 £893 0.86%
377 Dagenham £899 £895 0.42%
378 Coulsdon £897 £900 -0.34%
379 Thornton Heath £897 £902 -0.52%
380 Hornchurch £890 £902 -1.26%
381 Carshalton £883 £903 -2.21%
382 Thamesmead £881 £917 -3.96%
383 New Eltham £878 £995 -11.81%
384 Belvedere £856 £858 -0.22%
385 Crayford £852 £804 5.89%
386 Hayes, Bromley £848 £1,079 -21.38%
387 Forestdale £838 £814 2.99%
388 Erith £836 £808 3.53%
389 West Heath £832 £909 -8.46%
390 Bexleyheath £832 £871 -4.56%
391 Abbey Wood £825 £909 -9.24%
392 Blackfen £813 £892 -8.88%
393 Biggin Hill £767 £775 -1.07%
394 Harmondsworth £765 £848 -9.76%
395 St Paul's Cray £750 £850 -11.76%
Enjoy your search!

 




The Movebubble Report analysed active 1 bedroom property listings added in September across all of London. It shows the most and least expensive areas and areas with the fastest growing rents. The London average was £1,530 last month.

 

London rental report ~ September 2017

The Most Expensive

–St James rents grew by nearly 34% to £3,845.10 this year, and continues to rank as the most expensive area to rent in London.

Mayfair followed suit as the second priciest place in city with rents at £3,511.70 for a 1 bed property.

–Aldwych held onto its strong position with a 13.62% increase in rents this year.

The Least Expensive

–Chislehurst was the most affordable place inside the M25 to rent a 1 bedroom property, priced at just £600 pcm.

–Harefield saw a drop in rents of around 32.67% which was the second largest decrease of the areas inside the M25.

–Crayford ranked as third least expensive, with rents at £783.30 for a 1 bedroom property.

Popular Areas

-Clapham was the 93rd most expensive area in London to rent, however it saw a 4.86% decrease from last year.

-Fulham was the 63rd most expensive area in London to rent, and saw a small decrease of 4.53% when compared to last year.

In the market to rent at the moment? Why not download the Movebubble app to experience a better way to rent in London.

Average monthly rental prices for 1 bedroom properties in London

[table id=3 /]

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