Current Market Rents in London
Actual asking rents for rental properties calculated daily
Current market rents in London represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in London with our Asking Rents Report for London.
Summary of Rental Properties in London
| Total rental properties in London: | 34,915 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £4,411 |
| Median rent: | £2,800 |
| Average time on market (ToM) of unlet property in London: | 298 days |
| Median time on market (ToM) of unlet property: | 40 days |
Rental Properties in London by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 46 | 257 days |
| £250 to £500 pcm | 25 | 1157 days |
| £500 to £1,000 pcm | 1,096 | 436 days |
| £1,000 to £2,000 pcm | 8,185 | 250 days |
| £2,000 to £5,000 pcm | 18,432 | 285 days |
| over £5,000 pcm | 7,131 | 362 days |
Rental Prices in London by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 8,185 | £2,434 | £2,000 | 284 days |
| Two bedrooms | 12,163 | £3,760 | £2,850 | 286 days |
| Three bedrooms | 6,415 | £6,198 | £3,800 | 300 days |
| Four bedrooms | 2,509 | £7,781 | £4,498 | 283 days |
| Five bedrooms | 1,213 | £10,446 | £6,500 | 303 days |
Rental Prices in London by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 27,428 | £4,118 | £2,774 | 298 days |
| Terraced | 2,066 | £6,701 | £3,750 | 305 days |
| Semi-detached | 1,303 | £4,835 | £3,250 | 559 days |
| Detached | 559 | £8,407 | £5,000 | 279 days |