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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.

London is by far the most expensive place to rent a home in the UK with an average rent of £2,119 for new lets. Average rents in London are almost double the UK average of £1,220. However, rental inflation in London has slowed in the last 12 months, now at +6.4% versus +16.1% a year ago.

Apartment Options

Studio

  • Rent w/o utilities: £1,616.00
  • Square metres: 39.39
  • Rooms: 1

1-Bedroom

  • Rent w/o utilities: £1,616.00
  • Rooms: 1

2-Bedroom

  • Rent w/o utilities: £2,000.00
  • Square metres: 66.15
  • Rooms: 2

3-Bedroom

  • Rent w/o utilities: £3,000.00
  • Square metres: 90.49
  • Rooms: 3

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