{"id":4311,"date":"2025-10-08T01:02:27","date_gmt":"2025-10-08T01:02:27","guid":{"rendered":"https:\/\/second-home.uk\/?p=4311"},"modified":"2025-10-08T01:02:27","modified_gmt":"2025-10-08T01:02:27","slug":"london-rents-rise-37-in-five-years","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=4311","title":{"rendered":"London rents rise 37% in five years"},"content":{"rendered":"<p>Renting in a shared household is the cheapest way to live in London but, with room rents up 37% in just five years, research from flatshare site SpareRoom has revealed.<\/p>\n<p>The average London room rent rose from \u00a3728 per month in Q3 2020 to \u00a3995 per month in Q3 2025.<\/p>\n<p>Rents first passed \u00a3900pm at the end of 2022, peaked at a record high of \u00a31,015pm at the end of 2023 and are now close to \u00a31,000pm once more.<\/p>\n<p>Matt Hutchinson, director at flatshare site SpareRoom, said: \u201cBecause of chronic undersupply in the London rental market, rents are stubbornly high and meeting affordability criteria \u2013 not spending more than 30% of your salary on rent \u2013 is rarely possible.<\/p>\n<p><!--   \t\t  \t\t\t \t\t\t\tgoogletag.cmd.push(function() { googletag.display(\"div-gpt-ad-1715620536068-0\"); }); \t\t\t  \t\t  \t -->  \t <\/p>\n<p>\u201cWhen even the cheapest room in London is above \u00a3700 per month, hardworking people the capital relies on to function have little choice but to leave.\u201d<\/p>\n<p>It\u2019s still possible to find average rents below \u00a3800 per month in E12 (Manor Park), E6 (East Ham), N9 (Lower Edmonton) and E4 (Chingford). By postcode, average rents in E12 have fallen the most (-11%) year on year.<\/p>\n<p>Those on tight budgets should consider searching in the south east of the capital, where the average rent is lowest at \u00a3951 per month. But take note that, in Q3, four SE postcodes saw some of the highest year-on-year rent increases in the whole of London: SE3 (Blackheath), SE24 (Herne Hill), SE4 (Brockley), SE9 (Eltham).<\/p>\n<p>North London has seen the highest year-on-year rent increase (+2.1%) in Q3 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renting in a shared household is the cheapest way to live in London but, with room rents up 37% in just five years, research from flatshare site SpareRoom has revealed. The average London room rent rose from \u00a3728 per month in Q3 2020 to \u00a3995 per month in Q3 2025. Rents first passed \u00a3900pm at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4312,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>London rents rise 37% in five years - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/london-rents-rise-37-in-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"London rents rise 37% in five years - Second Home\" \/>\n<meta property=\"og:description\" content=\"Renting in a shared household is the cheapest way to live in London but, with room rents up 37% in just five years, research from flatshare site SpareRoom has revealed. The average London room rent rose from \u00a3728 per month in Q3 2020 to \u00a3995 per month in Q3 2025. 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