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min read

London Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

As of May 2024, the average rent in London has seen a moderate increase. The Rental Index UK reports a year-on-year rise of 4.5%, bringing the average monthly rent in the capital to £2,150. This increase is attributed to several factors, including inflation, a robust job market, and a persistent shortage of rental properties.

Apartment Options

Studio

  • Rent w/o utilities: £1,616
  • Square metres: 39.39
  • Rooms: 1

1-Bedroom

  • Rent w/o utilities: £1,616
  • Rooms: 1

2-Bedroom

  • Rent w/o utilities: £2,000
  • Square metres: 66.15
  • Rooms: 2

3-Bedroom

  • Rent w/o utilities: £3,000
  • Square metres: 90.49
  • Rooms: 3

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