Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 12,867 lets.
Gross yield, asking basis
6.2% 12 months to Sep 2026
37,223 lets
+4.7% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 37,223 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
5,091 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent: £2,835/month in Aug 2025 to £2,427/month in Sep 2026.Gross yield, asking basis: 4.8% in Jan 2022 to 6.3% in Sep 2026.Homes to rent: 2,276 in Sep 2026 to 5,091 in Nov 2026.Asking rent index: 85.1 in Jan 2022 to 103.1 in Sep 2026.
How does Tower Hamlets vary by home size?
Asking rent in Tower Hamlets runs from £2,204/month for 1 bedroom to £4,653/month for 5+ bedrooms.
Asking rent by bedroom band in Tower Hamlets. Each band shows its own window and sample. A band with fewer than 30 dated listings in the year is not published.
Homes
Asking rent
Window
Change
Listings
1 bedroom
£2,204/month
12 months to Sep 2026
-1.1% on the previous 12 months
13287
2 bedrooms
£2,922/month
12 months to Sep 2026
-1.8% on the previous 12 months
14412
3 bedrooms
£3,746/month
12 months to Sep 2026
-3.5% on the previous 12 months
4735
4 bedrooms
£3,690/month
12 months to Sep 2026
-0% on the previous 12 months
783
5+ bedrooms
£4,653/month
12 months to Sep 2026
-1.8% on the previous 12 months
459
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns Tower Hamlets?
Corporate landlords hold 59% of the 1,930 units in Tower Hamlets whose freeholder is classified; 99% of all units are not yet classified.
Corporate landlords59% of classified · 1,131 units
Housing associations22% of classified · 416 units
Individuals (not traceable in bulk)18% of classified · 338 units
RMC2.2% of classified · 43 units
Offshore companies0.1% of classified · 2 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does Tower Hamlets rank?
Tower Hamlets ranks 10th of 33 local authorities in London for asking rent, at £2,657/month.
Asking rent · local authorities in London
Tower Hamlets ranks 10th of 33 local authorities in London for asking rent, at £2,657/month.
Asking rent across local authorities in London, 12 months to Sep 2026. Sample and confidence tier beside every value.
City of WestminsterNeighbouring local authority · Asking £14,628/m² · Sep 2026
Questions about Tower Hamlets
What is the average rent in Tower Hamlets?
Homes to let in Tower Hamlets asked a median £2,657/month over the 12 months to Sep 2026, 12,867 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Tower Hamlets?
6.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 37,223 lets. +4.7% on the previous 12 months.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.