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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: 63,677
Properties for rent in London listed in the last 14 days: 12,171
Average* property rents in London: £3,389 pcm
Median* rent: £2,145 pcm
Average Time on Market (ToM) in London*: 253 days

Properties for Rent in London by Price

  No. of properties Average ToM*
Rent under £250 pcm 51 239 days
£250 to £500 pcm rent 373 200 days
£500 to £1,000 pcm rent 5,288 233 days
£1,000 to £2,000 pcm rent 23,898 234 days
£2,000 to £5,000 pcm rent 25,187 257 days
Rent over £5,000 pcm 8,880 309 days

Property Rents in London by Number of Bedrooms

  No. of properties Average rent Median rent Average ToM
One bedroom 14,783 £2,109 pcm £1,690 pcm 257 days
Two bedrooms 22,392 £2,960 pcm £2,250 pcm 256 days
Three bedrooms 10,884 £4,839 pcm £2,925 pcm 245 days
Four bedrooms 4,787 £5,868 pcm £3,250 pcm 244 days
Five bedrooms 1,844 £8,514 pcm £5,200 pcm 232 days

Property Rents in London by Type

  No. of properties Average rent Median rent Average ToM
Room 2,753 £790 pcm £702 pcm 168 days
Flat 50,491 £3,176 pcm £2,102 pcm 259 days
House 8,755 £5,555 pcm £2,925 pcm 247 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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