Houses to rent in Merton, London Borough Of Merton

Frequently asked questions about renting in Merton

What is the average rent in Merton?

The average rent for a home in Merton is £2,635 a month. A few very expensive homes pull that average up, so a more typical rent is £2,350 a month. This is based on the 194 homes to rent on Houses right now.

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

A typical 2-bedroom home in Merton rents for £2,125 a month and a 3-bedroom home £2,550 a month. So the extra bedroom adds about £425 a month. 1-bedroom homes rent for around £1,650 a month, and 4-bedroom homes rent for about £3,100 a month.

What is the price range of rental homes in Merton?

Most rents in Merton are between £1,350 and £6,135 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 £3,200 a month or more.

How many homes are available to rent in Merton?

There are 194 homes to rent in Merton on Houses right now, plus 30 already let agreed. 516 new listings came onto the market in the last 30 days.

Are rents going up in Merton?

Slightly up. Homes put up to rent in Merton over the last 12 months were advertised at a typical £2,050 a month, 2.5% higher than the year before (£2,000 a month). By size, 1-bedroom homes are down 3%, 2-bedroom homes are up 2% and 4-bedroom homes are down 3%.

How quickly do rental homes let in Merton?

Most rental homes are let or taken off the market within about 2 weeks. About 65% go within the first month. Flats go faster, in about 2 weeks against about 3 weeks for houses.

What rental yield can I get in Merton?

About 6.2% gross for flats and 4.9% for houses. That compares typical rents with what flats and houses actually sold for in Merton over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Merton?

Flats and apartments are the most common, about 5 in 10 homes to rent in Merton. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £2,000 a month, and detached houses the most expensive, at about £3,600 a month.

Where is it cheaper to rent near Merton?

Of the areas around Merton, Morden is the cheapest, with a typical rent of £2,100 a month. Merton itself is £2,350 a month.

Are rental homes in Merton furnished?

About 4 in 10 rental homes in Merton that say so are furnished, and the rest come unfurnished.

What are the schools like in Merton?

There are 43 primary and 8 secondary schools in Merton. 95% of those inspected by Ofsted were rated good or outstanding, and 13 were outstanding.

Which train stations are in or near Merton?

Stations in Merton include Morden Road, South Wimbledon, Merton Park and Morden.