London average 1-bed rent: £2,250/mo Year-on-year rent increase: +5.8% London rents up around 5.8% year on year Renters' Rights Act: fixed-term tenancies replaced by rolling periodic tenancies Croydon and outer boroughs see the fastest growth as renters move out of zone 1 Bidding wars above the asking rent are banned under the new rules Your deposit must be protected in a government-approved scheme (DPS, TDS or mydeposits) within 30 days. Deposits are capped at 5 weeks' rent (6 weeks if annual rent is over £50,000). London average 1-bed rent: £2,250/mo Year-on-year rent increase: +5.8% London rents up around 5.8% year on year Renters' Rights Act: fixed-term tenancies replaced by rolling periodic tenancies Croydon and outer boroughs see the fastest growth as renters move out of zone 1 Bidding wars above the asking rent are banned under the new rules Your deposit must be protected in a government-approved scheme (DPS, TDS or mydeposits) within 30 days. Deposits are capped at 5 weeks' rent (6 weeks if annual rent is over £50,000).
United Kingdom · Rent guide
Average rent in London 2026
Average rent costs by neighbourhood, yearly rent increases and tenant rights in London. The typical one-bedroom rent is £2,250 per month, up 5.8% year on year.
Average rent by neighbourhood
| Neighbourhood | 1 bedroom | 2 bedrooms | Yearly increase |
|---|---|---|---|
| Kensington & Chelsea | £3,400 | £5,200 | +4.1% |
| Westminster | £3,100 | £4,800 | +4.6% |
| Camden | £2,450 | £3,300 | +5.9% |
| Islington | £2,350 | £3,100 | +6.2% |
| Hackney | £2,100 | £2,750 | +6.8% |
| Tower Hamlets | £2,150 | £2,800 | +5.4% |
| Southwark | £2,050 | £2,700 | +6.1% |
| Lambeth | £2,000 | £2,650 | +5.7% |
| Croydon | £1,450 | £1,800 | +7.2% |
Indicative 2026 figures (per month, GBP). Compare with real tenant-reported rents on RentScore.
Tenant rights in London
- Your deposit must be protected in a government-approved scheme (DPS, TDS or mydeposits) within 30 days.
- Deposits are capped at 5 weeks' rent (6 weeks if annual rent is over £50,000).
- Most letting fees to tenants are banned under the Tenant Fees Act 2019.
- The Renters' Rights Act ends 'no-fault' Section 21 evictions and limits rent increases to once a year via Section 13.
- You can challenge an above-market rent increase at the First-tier Tribunal.
- Landlords must give at least 24 hours' written notice before visits.
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