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London Market Rent Summary

Our rental price analysis for London summarises the advertised rents for homes to let, calculated daily from the rental properties found by the Home.co.uk Property Search Engine

Summary of Properties for Rent in London

Total properties for rent in London: 62,203
Properties for rent in London listed in the last 14 days: 11,769
Average* property rents in London: £3,259 pcm
Median* rent: £2,080 pcm
Average Time on Market (ToM) in London*: 235 days

Properties for Rent in London by Price

  No. of properties Average ToM*
Rent under £250 pcm 67 256 days
£250 to £500 pcm rent 404 208 days
£500 to £1,000 pcm rent 4,796 220 days
£1,000 to £2,000 pcm rent 24,665 215 days
£2,000 to £5,000 pcm rent 24,343 241 days
Rent over £5,000 pcm 7,928 292 days

Property Rents in London by Number of Bedrooms

  No. of properties Average rent Median rent Average ToM
One bedroom 14,949 £2,008 pcm £1,647 pcm 238 days
Two bedrooms 22,326 £2,847 pcm £2,167 pcm 239 days
Three bedrooms 10,593 £4,618 pcm £2,925 pcm 229 days
Four bedrooms 4,327 £5,956 pcm £3,315 pcm 222 days
Five bedrooms 1,614 £8,803 pcm £5,850 pcm 229 days

Property Rents in London by Type

  No. of properties Average rent Median rent Average ToM
Room 2,416 £776 pcm £693 pcm 174 days
Flat 50,092 £3,074 pcm £2,058 pcm 239 days
House 8,382 £5,121 pcm £2,700 pcm 229 days

Note: The current rents for London were calculated by sampling over all properties for rent in the Home.co.uk property search within 10 miles of the centre of London

Property Rents in Surrounding Areas

 

To gain an overview of current market rents in this property market please see:

For historical rental market trends and further, detailed analysis please see:

London Property Information

For property for rent in London, letting agents in London, maps of London, areas neighbouring London and all other local property information for London, please see: London Property Information

Back to: Current Market Rents by Town and Postcode

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