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Where to Rent if Your Budget is £2,000 Per Month

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

Recently, we covered the best areas in London to rent if you’ve got more than two thousands big ones to put towards your monthly budget. This time, however, we’re exploring the postcodes where you can rent a home with a budget of up to £2,000 per month. So without further ado, here are the best neighbourhoods in the £2,000 price range.

Dulwich Village

Over in south London, you will find Dulwich Village, a highly sought-after area in the capital. It’s often referred to as “the Hampstead of the south” and features a charming village (the name was probably a giveaway) with open spaces, gastropubs, restaurants and shops.

Dulwich Village

In Dulwich Village, housing stock is hard to come by, so much is the demand. But when you do find somewhere, expect to pay around £1,800 per month for a two-bedroom home. There are also more extravagant options, which are some of the largest houses in South London, but they cost significantly more than £2,000 per month and are rarely on the rental market.

Canary Wharf

The residentification, if you will, of Canary Wharf has been particularly impressive. What was once solely a financial hub has now transformed into a super-prime London postcode with shiny high rises and waterside settings.

Canary Wharf

During the week, Canary Wharf is one of the busiest areas in the capital (at least it was before Covid), but on the weekend, the hustle and bustle gives way for a quiet calm and residential atmosphere. Expect to pay around £1,700 per month for a one-bedroom home in the E14 postcode.

Belsize Park

Hampstead is one of the most expensive neighbourhoods in London, but Belsize Park is only a stone’s throw away and offers more affordable rents. The quaint little village feels very French, so you can feel like you’re in another country while you're living there and eating your baguettes for breakfast at the outdoor cafe – even though it’s only 2.5 miles from central London.

Belsize Park

Housing in the area turns on the charm, from Victorian period houses on the roads that tail off from Haverstock Hill and 1960s purpose-built apartments that fit in nicely with the area. The average one-bedroom home in Belsize Park costs around £1,700 per month.

West Kensington

South Kensington might be the primary Kensington postcode, but West Ken is also an affluent area where you can get a little more bang for your buck. This West London postcode is just over a mile to Kensington High Street and features a nice mix of new-build properties and period homes.

West Kensington

In fact, the property scene here is particularly diverse. From white-stucco-fronted buildings to red-brick mansion apartments, there’s plenty of choice for renters. A one-bedroom home in West Kensington will set you back around £1,800 per month.

Fulham

Just north of West Kensington is where you will find Fulham, one of London’s it neighbourhoods. The area attracts everyone, from families to single professionals. And it’s full of independent cafes, restaurants and bars to explore, not to mention the popular Fulham Broadway Shopping Centre.

Fulham

Fulham also neighbours Chelsea and is in good company when it comes to surrounding areas. Rents in Fulham are similar to West Kensington, averaging around £1,800 per month for a one-bedroom home. Expect to find picturesque tree-lined Victorian and Edwardian homes, some of which have been converted into apartments.

Hoxton

Hoxton has more buzz than Islington, yet is significantly more chilled than Shoreditch, which makes it perfect for those looking for a bit of both neighbourhoods rolled into one. Think laid-back hipster bars and tree-lined residential streets, and you’re not far off Hoxton.

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It’s the postcode where many young creatives and techies go to play – there's certainly a vibe in Hoxton. A few Grade II listed buildings in Hoxton give you an idea of property types. Expect to find a smattering of new builds too. On average, renters pay £1,750 per month for a one-bedroom apartment and £2,200 per month for a two-bed – though you can find them for less than £2,000 per month.

Clapham

Southwest London’s Clapham is a popular neighbourhood with young families and sociable professionals who enjoy its blend of open spaces and a lively bar scene. Clapham Common features both large open spaces that even hosts festivals, while the high-street area is full of quirky bars, restaurants and shops.

Clapham

Homes in Clapham come in the form of converted period properties. There are some full houses too, with the average two-bed home fetching in the region of £1,800 per month.

Battersea

Battersea is an old classic when it comes to popular neighbourhoods in London, and has long been a big hitter with families. Over the years, however, younger crowds seem to seek out the area, thanks to regeneration to the Battersea Power Station and Nine Elms.

Battersea Park aerial view

Today, it offers a nice blend of charming red brick mansions apartments and brand-spanking-new homes with five-star amenities. You can find a one-bedroom apartment in Battersea for around £1,800 per month. And while the average two-bed home rents for more than £2,500 per month, you can still find some competitively priced two beds for under £2,00 per month.

Hackney

Known as one of London’s most creative and buzzing postcodes, Hackney is proving a popular destination for many renters. From canalside walks to East-End boozers, Hackney caters to a range of tastes. And there’s a large number of art centres to discover too.

Hackney

The homes in Hackney are varied, with options including charming period properties and converted warehouses. You can rent a two-bedroom home for £1,900 per month in Hackney.

Wimbledon

Another area popular with families, southwest London’s Wimbledon features an array of shops, restaurants and cafes. Wimbledon Village, in particular, is highly sought-after thanks to its village-like vibes in the capital.

Wimbledon

Of course, living in Wimbledon means you’re just a few steps from the famous Wimbledon tennis tournament. But it’s the homes that you’ll want to know about: a two-bedroom property in Wimbledon will cost you around £1,980 per month, and there are plenty of property types, from townhouses to apartment blocks.

Coming in on budget

There are many great neighbourhoods in the capital where you can live for around £2,000 per month, whether you’re looking for a one-bedroom home or something slightly bigger. Have we missed any off the list? Let us know in the comments where you rent for a £2,000 per month budget.

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