Properties to rent in E2

Frequently asked questions about renting in E2

What is the average rent in E2?

The average rent for a home in E2 is £3,115 a month. A few very expensive homes pull that average up, so a more typical rent is £2,750 a month. This is based on the 217 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in E2?

A typical 2-bedroom home in E2 rents for £2,875 a month and a 3-bedroom home £3,730 a month. So the extra bedroom adds about £855 a month. 1-bedroom homes rent for around £2,350 a month, and 4-bedroom homes rent for about £4,170 a month.

What is the price range of rental homes in E2?

Most rents in E2 are between £1,700 and £10,000 a month, leaving out the very cheapest and most expensive. One in five rents for less than £2,200 a month, and one in five £3,600 a month or more.

How many homes are available to rent in E2?

There are 222 homes to rent in E2 on Houses right now, plus 24 already let agreed. 192 new listings came onto the market in the last 30 days.

Are rents going up in E2?

Yes. Homes put up to rent in E2 over the last 12 months were advertised at a typical £2,650 a month, 3.9% higher than the year before (£2,550 a month). By size, 1-bedroom homes are up 10%, 2-bedroom homes are up 4% and 3-bedroom homes are down 11%.

How quickly do rental homes let in E2?

Most rental homes are let or taken off the market within 14 days. About 72% go within the first month. Flats go faster, in 13 days against about 2 weeks for houses.

What rental yield can I get in E2?

About 6.7% gross for flats and 6.1% for houses. That compares typical rents with what flats and houses actually sold for in E2 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in E2?

Flats and apartments are the most common, about 9 in 10 homes to rent in E2. Terraced houses come next. Flats and apartments are the cheapest, at about £2,725 a month, and terraced houses the most expensive, at about £4,425 a month.

Where is it cheaper to rent near E2?

Of the areas around E2, EC2M is the cheapest, with a typical rent of £2,350 a month, followed by E9 (£2,405 a month) and E8 (£2,530 a month). E2 itself is £2,750 a month.

Are rental homes in E2 furnished?

About three quarters of rental homes in E2 that say so are furnished, and the rest come unfurnished.

What are the schools like in E2?

There are 15 primary and 6 secondary schools in E2. 96% of those inspected by Ofsted were rated good or outstanding, and 6 were outstanding.

Which train stations are in or near E2?

Stations in E2 include Stepney Green, Bethnal Green, Cambridge Heath and Mile End.