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Where to Rent if Your Budget is £1,500 Per Month

31 October 2020 Simon Banks Read time: 4 min
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Simon Banks

The time has come for another London guide where we look at the best neighbourhoods for specific price points. We've covered amazing places to rent a home if your budget is £2,500 and £2,000 per month. Now, we're discovering where to live if you've got a rental budget of £1,500 per month. Will one of these neighbourhoods be your next home?

Muswell Hill

Neatly tucked away in north London, Muswell Hill offers strong family vibes and fantastic hilltop views. There's a range of independent cafes and restaurants to explore, as well as an Everyman Cinema and lots of children's and book shops.

Muswell Hill

The N10 postcode is a big hit with families, thanks to its larger homes, great schools and proximity to green space (Alexandra Palace is just a mile away). You can rent a one-bedroom apartment for £1,350 per month, while the average for a two-bed home is £1,600 per month – though you can certainly find options for £1,500 per month.

Brixton

One of London's most eclectic and lively neighbourhoods, Brixton has grown into a mega hotspot in the capital over the last few years. With an excellent nightlife scene, fantastic restaurants and a tube station (a rarity in south London), the SW9 postcode has plenty going for it.

Brixton

The neighbourhood is popular with younger crowds, many of which are single professionals. There are a smattering of new developments, but most of the homes come in the form of converted period properties from the Victorian times. Expect to pay an average of £1,400 per month for a one-bedroom apartment in Brixton.

Crystal Palace

Just a few miles from Brixton is where you will find Crystal Palace, the Muswell Hill of the south. Perched on a hilltop, Crystal Palace has some of the best views in the capital and is popular with both families, couples and singles.

Crystal Palace

There's a huge park and the high street has transformed over the years to offer an array of pubs, restaurants and bars. While independent trade comes in the form of antique shops and modern furniture options. A one-bedroom apartment costs £1,150 per month on average and a two-bedroom home averages around £1,400 per month

Colindale

North London's Colindale has seen plenty of regeneration over the years, turning the area into an emerging hotspot with excellent travel connections. A tube station on the Northern Line means you can be in the West End and the City in around 30 minutes.

Colindale

When it comes to living options, new builds rule the roost in Colindale. From the impressive Beaufort Park (where there's a swimming pool, spa, gym and concierge service) to The Pulse, Colindale Gardens and The Stay Club, you're spoilt for choice when it comes to brand-spanking-new homes. Expect to pay £1,300 per month for a one-bedroom home in the NW9 postcode.

Walthamstow

Neon lights and east-end boozers mixed in with village vibes await you in Walthamstow. The E17 postcode is a place for all tastes, whether you're exploring God's Own Junkyard for the neon, Ye Olde Rose & Crown for the pubs or Walthamstow Village for some tranquillity.

Walthamstow

You will find plenty of charming period homes in Walthamstow, and rental prices are particularly affordable when compared to other neighbourhoods in the capital. Expect to pay an average of £1,150 per month for a one-bedroom home and around £1,420 per month for a two-bed property.

Bethnal Green

If you're after hipster vibes but don't want to pay the large rental sums in Shoreditch, Bethnal Green is a more affordable – and more authentic – option. From street art to quirky cafes, there's plenty going on in the E2 postcode.

Bethnal Green

It's a cool, young area that has excellent travel links and a strong sense of community. And you can expect to pay around £1,500 per month for a one-bedroom home to live a bohemian lifestyle in the heart of east London.

Brentford

Another area that has seen plenty of regeneration, Brentford enjoys a riverside location and convenient travel links to Kew, Richmond and Twickenham. Expect to find homes in new developments with five-star amenities like swimming pools and gyms.

Brentford

On average, a one-bedroom home will cost around £1,300 per month in Brentford. And, while two-bedroom homes average £1,800 per month, it is possible to find options for as little as £1,400 per month.

Shepherd's Bush

One of London's liveliest areas, Shepherd's Bush has everything from bustling markets to mega shopping options. The west London neighbourhood is primarily a residential zone, just a hop and a skip away from Holland Park. Oh, and it has Europe's largest shopping centre neatly nestled in-between the residential charm.

Westfield in Shepherd's Bush

There are new developments (though these come at a premium) and period homes that have been converted into flats. Average rents are around £1,900 per month, but you can find plenty of one-bedroom options for as little as £1,200 per month.

Archway

Archway is located in north London and shares Highgate and Islington as its neighbours. The area has grown in popularity over the years and has a range of restaurants and cafes to enjoy, as well as a mega Waitrose on Holloway Road.

Archway

Plenty of the homes in Archway come in the form of converted period apartments, which average a rental price of around £1,500 per month. It's also home to newer buildings, such as Essential Living's impressive Vantage Point community.

Greenwich

If lush green spaces, maritime history and the former Millenium Dome appeal to you, then Greenwich should be right at the top of your list. The popular south London neighbourhood benefits from one of London's eight royal parks, cultural landmarks and proximity to the O2 Arena.

Greenwich

The homes in Greenwich turn on the charm, with plenty of families moving to the area for its green spaces. Expect to pay around £1,200 per month for a one-bedroom apartment and £1,500 per month for a two-bedroom home in Greenwich.

Getting the best for less

There are many desirable areas in London where you can live for £1,500 per month. And they offer a variety that caters to all tastes, whether you enjoy neighbourhoods with plenty of green spaces, the best shops in Europe or peaceful riverside locations.

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