Houses to rent in Central London

Frequently asked questions about renting in Central London

What is the average rent in Central London?

The average rent for a home in Central London is £9,800 a month. A few very expensive homes pull that average up, so a more typical rent is £5,370 a month. This is based on the 1,941 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in Central London?

A typical 2-bedroom home in Central London rents for £5,850 a month and a 3-bedroom home £9,775 a month. So the extra bedroom adds about £3,925 a month. 1-bedroom homes rent for around £3,275 a month, and 4-bedroom homes rent for about £17,875 a month.

What is the price range of rental homes in Central London?

Most rents in Central London are between £2,210 and £87,965 a month, leaving out the very cheapest and most expensive. One in five rents for less than £3,000 a month, and one in five £13,000 a month or more.

How many homes are available to rent in Central London?

There are 1,829 homes to rent in Central London on Houses right now, plus 81 already let agreed. 1,235 new listings came onto the market in the last 30 days.

Are rents going up in Central London?

Yes. Homes put up to rent in Central London over the last 12 months were advertised at a typical £3,685 a month, 5.3% higher than the year before (£3,500 a month). By size, 1-bedroom homes are up 5%, 2-bedroom homes are up 5% and 3-bedroom homes are up 14%.

How quickly do rental homes let in Central London?

Most rental homes are let or taken off the market within about 3 weeks. About 58% go within the first month. Flats go faster, in about 3 weeks against about 5 weeks for houses.

What rental yield can I get in Central London?

About 8.3% gross for flats and 8.2% for houses. That compares typical rents with what flats and houses actually sold for in Central London over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Central London?

Flats and apartments are the most common, about 9 in 10 homes to rent in Central London. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £5,000 a month, and semi-detached houses the most expensive, at about £28,165 a month.

Where is it cheaper to rent near Central London?

Of the areas around Central London, Holborn is the cheapest, with a typical rent of £3,680 a month, followed by Covent Garden (£3,790 a month) and St Giles (£4,500 a month). Central London itself is £5,370 a month.

Are rental homes in Central London furnished?

About 9 in 10 rental homes in Central London that say so are furnished, and the rest come unfurnished.

What are the schools like in Central London?

There are 28 primary and 4 secondary schools in Central London. 94% of those inspected by Ofsted were rated good or outstanding, and 12 were outstanding.

Which train stations are in or near Central London?

Stations in Central London include Covent Garden, Charing Cross, Embankment and Leicester Square.