marketcodeLondon rental market
How does London vary by home size?
Asking rent in London runs from £1,942 a month for 1 bedroom to £5,408 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,942 a month | 12 months to Aug 2026 | +2.1% on the previous 12 months | 140857 |
| 2 bedrooms | £2,505 a month | 12 months to Aug 2026 | +1% on the previous 12 months | 162392 |
| 3 bedrooms | £3,069 a month | 12 months to Aug 2026 | -0.6% on the previous 12 months | 69262 |
| 4 bedrooms | £3,707 a month | 12 months to Aug 2026 | -0.2% on the previous 12 months | 20945 |
| 5+ bedrooms | £5,408 a month | 12 months to Aug 2026 | +5% on the previous 12 months | 10000 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Where does London rank?
Kensington and Chelsea leads the 33 local authorities within London for asking rent, at £4,378 a month.
Asking rent · local authorities within London
Kensington and Chelsea leads the 33 local authorities within London for asking rent, at £4,378 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Kensington and Chelsea | £4,378 a month | 9,587 | measured |
| 2 | City of Westminster | £4,238 a month | 15,970 | measured |
| 3 | Camden | £3,555 a month | 6,348 | measured |
| 4 | City and County of the City of London | £3,222 a month | 677 | measured |
| 5 | Wandsworth | £3,136 a month | 16,270 | measured |
Full table: asking rent across local authorities within London →
Gross yield, asking basis · local authorities within London
Newham leads the 33 local authorities within London for gross yield, asking basis, at 6.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Newham | 6.4% | 15,165 | measured |
| 2 | Tower Hamlets | 6.3% | 37,624 | measured |
| 3 | Southwark | 6.0% | 22,986 | measured |
| 4 | Wandsworth | 5.8% | 34,359 | measured |
| 5 | Barking and Dagenham | 5.8% | 5,982 | measured |
Full table: gross yield, asking basis across local authorities within London →
Where next from London?
- EnglandThe wider market this area sits in.
- Barking and DagenhamLocal authority · £5,029/m²
- BarnetLocal authority · £6,931/m²
- BexleyLocal authority · £4,988/m²
- BrentLocal authority · £6,544/m²
- BromleyLocal authority · £6,298/m²
- CamdenLocal authority · £10,585/m²
- City and County of the City of LondonLocal authority · £13,295/m²
- City of WestminsterLocal authority · £14,418/m²
- CroydonLocal authority · £4,870/m²
- EalingLocal authority · £6,525/m²
- EnfieldLocal authority · £6,154/m²
- GreenwichLocal authority · £5,702/m²
Everything else about London
- Properties in LondonEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in LondonFootprints, heights and the units inside them.
- Land and plots in LondonRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in LondonWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in LondonWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in LondonRegistered completions from Price Paid, newest first.
- Planning applications in LondonWhat was proposed, who decided it and whether it was approved.
- Estate agents active in LondonWho actually lists here, ranked by volume over 12 months.