Relocating to London here’s is the average Rental Cost

If you’re considering a move to London, it’ll help to know how much you’re going to be spending on rent and other expenses beforehand. That way, you can ensure you don’t overextend yourself when it comes to your finances.

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Here’s a closer look at how much rent is per month in London, England based on location.

How Much is Rent in London?

Thanks to COVID-19, rent prices in London have been reduced. Let’s take a look at the average cost of rent across each London borough. Then, we’ll take a closer look at the highest and lowest average rent for several areas throughout London.

  • Kensington and Chelsea: 3,960 pounds
  • Westminster: 3,870 pounds
  • City of London: 2,760 pounds
  • Camden: 2,620 pounds
  • Hammersmith and Fulham: 2,610 pounds
  • Wandsworth: 2,360 pounds
  • Tower Hamlets: 2,280 pounds
  • Hackney: 2,130 pounds
  • Southwark: 2,080 pounds
  • Islington: 2,050 pounds
  • Lambeth: 2,030 pounds
  • Richmond upon Thames: 1,840 pounds
  • Hounslow: 1,720 pounds
  • Newham: 1,710 pounds
  • Sutton: 1,700 pounds
  • Greenwich: 1,650 pounds
  • Brent: 1,600 pounds
  • Merton: 1,590 pounds
  • Ealing: 1,580 pounds
  • Barnet: 1,530 pounds
  • Haringey: 1,520 pounds
  • Kingston upon Thames: 1,510 pounds
  • Lewisham: 1,440 pounds
  • Waltham Forest: 1,430 pounds
  • Bromley: 1,340 pounds
  • Enfield: 1,340 pounds
  • Harrow: 1,320 pounds
  • Croydon: 1,280 pounds
  • Redbridge: 1,280 pounds
  • Barking and Dagenham: 1,220 pounds
  • Hillingdon: 1,210 pounds
  • Bexley: 1,200 pounds
  • Havering: 1,170 pounds

Rooms for Rent

If you’re looking to rent a room in London, obviously you’ll pay the least amount of rent. But the location also matters. For example, if you’re looking for a room in the Kensington and Chelsea areas, you’ll likely pay more for renting a room.

The average rent for a room in London ranges from 150 pounds to 260 pounds.

Studio Apartments

Take a look at the cost for studio apartments based on the area in London:

Highest

  • Kensington and Chelsea: 1,427 pounds
  • Islington: 1,383 pounds
  • Tower Hamlets: 1,398 pounds
  • Westminster: 1,371 pounds
  • Lambeth: 1,240 pounds

Lowest

  • Havering: 669 pounds
  • Croydon: 762 pounds
  • Sutton: 776 pounds
  • Barking and Dagenham: 729 pounds
  • Bexley: 688 pounds

One Bedroom Apartments

Take a look at the average rent for one-bedroom apartments in London based on location.

Highest

  • Kensington and Chelsea: 2,062 pounds
  • Islington: 1,565 pounds
  • Tower Hamlets: 1,547 pounds
  • Westminster: 2,113 pounds
  • Lambeth: 1,595 pounds

Lowest

  • Havering: 891 pounds
  • Croydon: 964 pounds
  • Sutton: 923 pounds
  • Barking and Dagenham: 981 pounds
  • Bexley: 854 pounds

Two Bedroom Apartments

Two-bedroom apartments in London go for the following based on location:

Highest

  • Westminster: 2,920 pounds
  • Camden: 2,254 pounds
  • Kensington and Chelsea: 3,030 pounds
  • Islington: 1,934 pounds
  • Hammersmith and Fulham: 1,922 pounds

Lowest

  • Bexley: 1,105 pounds
  • Havering: 1,120 pounds
  • Redbridge: 1,293 pounds
  • Sutton: 1,163 pounds
  • Waltham Forest: 1,364 pounds

Three Bedroom Apartments

Highest

  • Westminster: 4,152 pounds
  • Camden: 2,880 pounds
  • Kensington and Chelsea: 4,938 pounds
  • Islington: 2,487 pounds
  • Hammersmith and Fulham: 2,653 pounds

Lowest

  • Bexley: 1,281 pounds
  • Havering: 1,384 pounds
  • Redbridge: 1,589 pounds
  • Sutton: 1,498 pounds
  • Waltham Forest: 1,649 pounds

Four or More Bedroom Apartment

Highest

  • Westminster: 8,505 pounds
  • Camden: 3,983 pounds
  • Kensington and Chelsea: 7,585 pounds
  • Islington: 3,537 pounds
  • Hammersmith and Fulham: 4,780 pounds

Lowest

  • Bexley: 1,724 pounds
  • Barking and Dagenham: 1,724 pounds
  • Havering: 1,714 pounds
  • Sutton: 1,915 pounds
  • Croydon: 1,940 pounds

Making the Move

The above snapshot should give you a better idea about the current rent prices in London across multiple geographic areas. You know the lowest of the low rents and the highest of the high rents so you can make an informed decision about where to look for an apartment within your price range.

About Shanea Patterson

Bio: Shanea Patterson is a freelance copywriter and content creator, the founder of Ultimate Freelance Guide, author of The Ultimate Guide to Living Your Best Freelance Life, NYU grad, and a huge marketing enthusiast. She is a sought-after freelance copywriter and content creator who’s been published on USA Today, Small Biz Daily, Overture Global Magazine, and OnDeck. She’s a regular contributor to Realty Biz News.

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