Houses to rent in Greater London

Frequently asked questions about renting in Greater London

What is the average rent in Greater London?

The average rent for a home in Greater London is £3,675 a month. A few very expensive homes pull that average up, so a more typical rent is £2,500 a month. This is based on the 34,122 homes to rent on Houses right now.

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

A typical 2-bedroom home in Greater London rents for £2,500 a month and a 3-bedroom home £3,200 a month. So the extra bedroom adds about £700 a month. 1-bedroom homes rent for around £1,950 a month, and 4-bedroom homes rent for about £3,695 a month.

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

Most rents in Greater London are between £1,350 and £38,785 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,800 a month, and one in five £4,200 a month or more.

How many homes are available to rent in Greater London?

There are 34,122 homes to rent in Greater London on Houses right now, plus 3,511 already let agreed. 31,809 new listings came onto the market in the last 30 days.

Are rents going up in Greater London?

Slightly up. Homes put up to rent in Greater London over the last 12 months were advertised at a typical £2,350 a month, 2.2% higher than the year before (£2,300 a month). By size, 1-bedroom homes are up 4%, 2-bedroom homes are up 4% and 3-bedroom homes are up 3%.

How quickly do rental homes let in Greater London?

Most rental homes are let or taken off the market within about 2 weeks. About 68% go within the first month. Flats go faster, in 13 days against about 4 weeks for houses.

What rental yield can I get in Greater London?

About 6.8% gross for flats and 5.7% for houses. That compares typical rents with what flats and houses actually sold for in Greater London over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Greater London?

Flats and apartments are the most common, about 8 in 10 homes to rent in Greater London. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £2,400 a month, and detached houses the most expensive, at about £4,500 a month.

Where is it cheaper to rent near Greater London?

Of the areas around Greater London, Essex is the cheapest, with a typical rent of £1,400 a month, followed by Hertfordshire (£1,650 a month) and Surrey (£1,850 a month). Greater London itself is £2,500 a month.

Are rental homes in Greater London furnished?

About 7 in 10 rental homes in Greater London that say so are furnished, and the rest come unfurnished.

What are the schools like in Greater London?

There are 1,739 primary and 459 secondary schools in Greater London. 95% of those inspected by Ofsted were rated good or outstanding, and 612 were outstanding.

Which train stations are in or near Greater London?

Stations in Greater London include Lambeth North, Waterloo (East), Waterloo East and Waterloo.