Regions:
AVERAGE RENTS
London
The average rental value for new tenancies in London is £2,103 a month. Rents in London have increased by +1.3% compared to last year.
£2,103 -1.7%
Average London rent
+1.3%
Change annual
-1.7%
Change monthly
Average rents London index for the last 12 months
The graph below shows the average rental value in London against the UK average. Below the graph, you can select the time period you want to be displayed and compare the historical average rental value in London against any other region in the UK.
Click on region names to switch them on and off
Average rental value for new tenancies in London
The graph below shows the average rental value in London against the UK average. Below the graph, you can select the time period you want to be displayed and compare the historical average rental value in London against any other region in the UK.
FIVE-YEAR SNAPSHOT
Greatest change over five years
Average Rent
2019 [May]
Average Rent
2024 [May]
- Under £1,000
- £1,000 to £1,250
- £1,250 to £1,500
- £1,500 to £1,750
- Over £1,750
Regional Average
Delving deeper into the data we are able to provide tenant demographic and market profiling at a local level.
Key:
Shows regional average
Shows UK average
Gross Income*
£80,000
£35,000
Age Group
45–50
25–30
Income spent on Rent
38.80%
32.30%
Rental Band
£1,500–£2,000
£1,000–£1,200