London House Rent Prices
As of June, 2024, the average prices for flats to rent in London are as follows:
- studio – £1,452 (3.94%)
- 1 bedroom flat – £1,950 (4.06%)
- 2 bedroom flat – £2,600 (6.12%)
- 3 bedroom flat – £2,998 (2.5%)
- 4 bedroom flat – £3,683 (1.13%)
- 5 bedroom flat – £4,948 (6.82%)
However, these are the average prices for houses to rent in London, and you can find a wide range of price points for single rooms, double rooms, and commercial properties. As always, keep amenities and square footage top of mind. For example, the design aesthetic, number of bathrooms, closet space, and in-building perks will all affect the price of various flats to rent in London.
Now, let’s look at how the average rent in London is trending.
Rental Trends in London
- As of June, 2024, the average rent in London is £2,491, which is high by 8.26% as of £2,301 in May, 2024.
- Currently, there are 77,572 houses for rent and an average of 60,775 real estate rental transactions per month. Demand for rentals in the area is high, so that price may rise.
In addition to checking the average rent in London, it’s important to keep an eye on house prices in London. If you love renting here, you may want to buy!
Check back next month for updated prices for house rent prices in London.