Houses to rent in London

Frequently asked questions about renting in London

What is the average rent in London?

The average rent for a home in London is £3,685 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 33,605 homes to rent on Houses right now.

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

A typical 2-bedroom home in 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 £3,665 a month.

What is the price range of rental homes in London?

Most rents in 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 London?

There are 33,605 homes to rent in London on Houses right now, plus 3,356 already let agreed. 32,209 new listings came onto the market in the last 30 days.

Are rents going up in London?

Slightly up. Homes put up to rent in London over the last 12 months were advertised at a typical £2,350 a month, 2.3% higher than the year before (£2,295 a month). By size, 1-bedroom homes are up 4%, 2-bedroom homes are up 5% and 3-bedroom homes are up 4%.

How quickly do rental homes let in 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 London?

About 6.8% gross for flats and 5.6% for houses. That compares typical rents with what flats and houses actually sold for in London over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in London?

Flats and apartments are the most common, about 8 in 10 homes to rent in 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.

Are rental homes in London furnished?

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

What are the schools like in London?

There are 1,723 primary and 454 secondary schools in London. 95% of those inspected by Ofsted were rated good or outstanding, and 611 were outstanding.

Which train stations are in or near London?

Stations in London include Westminster, St. James's Park, Charing Cross and Embankment.