London market rental trends report

Over the past 3 to 6 months, rental prices in London have shown moderate growth, with average rents rising by approximately 5-7% across most apartment types. This steady increase reflects a recovering market following seasonal fluctuations and sustained demand for housing in both central and outer boroughs. The primary drivers behind this trend include limited supply, increased competition among renters, and inflationary pressures affecting landlords’ operating costs. Currently, the median rent for a residential property in London stands at around £2,200 per month.

Apartment listings

Below are some recent listing examples.

Studio

• Rent: £1,950 per month
• Sqm: 38m²

1 bedroom

• Rent: £2,435 per month
• Sqm: 48 m²

2 bedroom

• Rent: £3,150 per month
• Sqm: 75 m²

3 bedroom

• Rent: £3,500per month
• Sqm: 83 m²