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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: 76,466
Properties for rent in London listed in the last 14 days: 14,086
Average* property rents in London: £2,907 pcm
Median* rent: £1,950 pcm
Average Time on Market (ToM) in London*: 202 days

Properties for Rent in London by Price

  No. of properties Average ToM*
Rent under £250 pcm 44 274 days
£250 to £500 pcm rent 571 210 days
£500 to £1,000 pcm rent 6,764 188 days
£1,000 to £2,000 pcm rent 33,114 184 days
£2,000 to £5,000 pcm rent 28,200 208 days
Rent over £5,000 pcm 7,773 268 days

Property Rents in London by Number of Bedrooms

  No. of properties Average rent Median rent Average ToM
One bedroom 18,933 £1,868 pcm £1,560 pcm 204 days
Two bedrooms 27,967 £2,668 pcm £2,015 pcm 199 days
Three bedrooms 12,019 £4,232 pcm £2,687 pcm 200 days
Four bedrooms 4,848 £5,119 pcm £3,098 pcm 196 days
Five bedrooms 1,860 £7,530 pcm £4,333 pcm 196 days

Property Rents in London by Type

  No. of properties Average rent Median rent Average ToM
Room 3,507 £744 pcm £676 pcm 187 days
Flat 61,214 £2,775 pcm £1,950 pcm 203 days
House 9,728 £4,534 pcm £2,600 pcm 197 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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