Houses to rent in Penge, Greater London
There are 91 results for Penge, Greater London. Rental prices in Penge range from £1k pcm to £3.8k pcm with an average price of £1.8k pcm.
Properties to rent in Penge, Greater London
1 Bedroom
1 Bathroom
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Rental market in Penge
What's to rent
96 homes · share, count and typical rentHow many bedrooms
share, count and typical rentRent bands
96 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 5% | 92% |
| Typical rent | £3,500 pcm | £1,600 pcm |
| Average bedrooms | 4.0 | 1.5 |
| Typical time to let | 3 weeks | 3 weeks |
| Gross rental yield | 6.1% | 5.3% |
Asking rents over time
typical rent of the homes first listed each quarter · +5.0% since 2024 Q4Rents in and around Penge
typical rent, cheapest first- Penge £1,600 pcm
- Elmers End £1,625 pcm
- Woodside £1,650 pcm
- Crystal Palace £1,800 pcm
- Lower Sydenham £1,850 pcm
- Sydenham £1,850 pcm
Getting to know Penge
stations in PengeSchools in Penge
6 primary · 1 secondary · 100% rated good or outstanding- Harris City Academy Crystal Palace secondary · Outstanding
- Harris Primary Academy Kent House primary · Outstanding
- Harris Primary Academy Crystal Palace primary · Good
- St John's Church of England Primary School primary · Good
- James Dixon Primary School primary · Not yet rated
- Alexandra Junior School primary · Not yet rated
Based on 96 homes to rent on Houses now, 1,255 listings that left the market in the last 12 months, the asking rents of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.
Frequently asked questions about renting in Penge
What is the average rent in Penge?
The average rent for a home in Penge is £1,785 a month. A few very expensive homes pull that average up, so a more typical rent is £1,600 a month. This is based on the 96 homes to rent on Houses right now.
How much is a 2 or 3 bedroom home to rent in Penge?
A typical 2-bedroom home in Penge rents for £1,800 a month and a 3-bedroom home £2,400 a month. So the extra bedroom adds about £600 a month. 1-bedroom homes rent for around £1,500 a month.
What is the price range of rental homes in Penge?
Most rents in Penge are between £1,050 and £3,700 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,400 a month, and one in five £2,000 a month or more.
How many homes are available to rent in Penge?
There are 91 homes to rent in Penge on Houses right now, plus 17 already let agreed. 81 new listings came onto the market in the last 30 days.
Are rents going up in Penge?
Yes. Homes put up to rent in Penge over the last 12 months were advertised at a typical £1,650 a month, 3.1% higher than the year before (£1,600 a month). By size, 1-bedroom homes are up 3%, 3-bedroom homes are down 2% and 4-bedroom homes are up 7%.
How quickly do rental homes let in Penge?
Most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month.
What rental yield can I get in Penge?
About 6.1% gross for houses and 5.3% for flats. That compares typical rents with what houses and flats actually sold for in Penge over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in Penge?
Flats and apartments are the most common, about 9 in 10 homes to rent in Penge. Terraced houses come next, followed by detached houses.
Where is it cheaper to rent near Penge?
Of the areas around Penge, Elmers End is the cheapest, with a typical rent of £1,625 a month, followed by Woodside (£1,650 a month) and Crystal Palace (£1,800 a month). Penge itself is £1,600 a month.
Are rental homes in Penge furnished?
About a quarter of rental homes in Penge that say so are furnished, and the rest come unfurnished.
What are the schools like in Penge?
There are 6 primary and 1 secondary schools in Penge. 100% of those inspected by Ofsted were rated good or outstanding, and 2 were outstanding.
Which train stations are in or near Penge?
Stations in Penge include Penge West, Anerley, Crystal Palace and Penge East.