Data / Average monthly private rent, pounds sterling / London

Average monthly private rent, pounds sterling in London

Average monthly private rent, pounds sterling in London was £2,332 in August 2026, according to the Office for National Statistics (United Kingdom). That is up 3.5% from August 2025.

August 2026, GBP2,332 Provisional
Change on August 2025+3.5%
Series high2,332August 2026
Series low1,580January 2015

Average monthly private rent, pounds sterling in London, January 2015 to August 2026

1,4001,6001,8002,0002,2002,4002015-012016-092018-052020-012021-092023-052025-012026-082015-01: 1,580 GBP2015-02: 1,583 GBP2015-03: 1,590 GBP2015-04: 1,602 GBP2015-05: 1,616 GBP2015-06: 1,620 GBP2015-07: 1,624 GBP2015-08: 1,634 GBP2015-09: 1,643 GBP2015-10: 1,644 GBP2015-11: 1,644 GBP2015-12: 1,648 GBP2016-01: 1,654 GBP2016-02: 1,655 GBP2016-03: 1,664 GBP2016-04: 1,666 GBP2016-05: 1,674 GBP2016-06: 1,679 GBP2016-07: 1,687 GBP2016-08: 1,691 GBP2016-09: 1,695 GBP2016-10: 1,696 GBP2016-11: 1,700 GBP2016-12: 1,702 GBP2017-01: 1,705 GBP2017-02: 1,702 GBP2017-03: 1,704 GBP2017-04: 1,706 GBP2017-05: 1,701 GBP2017-06: 1,705 GBP2017-07: 1,711 GBP2017-08: 1,706 GBP2017-09: 1,698 GBP2017-10: 1,700 GBP2017-11: 1,699 GBP2017-12: 1,697 GBP2018-01: 1,689 GBP2018-02: 1,694 GBP2018-03: 1,683 GBP2018-04: 1,678 GBP2018-05: 1,675 GBP2018-06: 1,676 GBP2018-07: 1,680 GBP2018-08: 1,683 GBP2018-09: 1,681 GBP2018-10: 1,686 GBP2018-11: 1,691 GBP2018-12: 1,696 GBP2019-01: 1,695 GBP2019-02: 1,701 GBP2019-03: 1,700 GBP2019-04: 1,698 GBP2019-05: 1,714 GBP2019-06: 1,712 GBP2019-07: 1,712 GBP2019-08: 1,716 GBP2019-09: 1,723 GBP2019-10: 1,728 GBP2019-11: 1,733 GBP2019-12: 1,737 GBP2020-01: 1,738 GBP2020-02: 1,744 GBP2020-03: 1,748 GBP2020-04: 1,741 GBP2020-05: 1,742 GBP2020-06: 1,741 GBP2020-07: 1,745 GBP2020-08: 1,744 GBP2020-09: 1,745 GBP2020-10: 1,745 GBP2020-11: 1,742 GBP2020-12: 1,737 GBP2021-01: 1,735 GBP2021-02: 1,735 GBP2021-03: 1,731 GBP2021-04: 1,721 GBP2021-05: 1,712 GBP2021-06: 1,713 GBP2021-07: 1,706 GBP2021-08: 1,706 GBP2021-09: 1,709 GBP2021-10: 1,713 GBP2021-11: 1,716 GBP2021-12: 1,724 GBP2022-01: 1,728 GBP2022-02: 1,735 GBP2022-03: 1,739 GBP2022-04: 1,746 GBP2022-05: 1,750 GBP2022-06: 1,754 GBP2022-07: 1,763 GBP2022-08: 1,773 GBP2022-09: 1,785 GBP2022-10: 1,791 GBP2022-11: 1,806 GBP2022-12: 1,818 GBP2023-01: 1,830 GBP2023-02: 1,841 GBP2023-03: 1,850 GBP2023-04: 1,870 GBP2023-05: 1,896 GBP2023-06: 1,915 GBP2023-07: 1,930 GBP2023-08: 1,945 GBP2023-09: 1,957 GBP2023-10: 1,971 GBP2023-11: 1,982 GBP2023-12: 1,994 GBP2024-01: 2,009 GBP2024-02: 2,034 GBP2024-03: 2,056 GBP2024-04: 2,071 GBP2024-05: 2,088 GBP2024-06: 2,100 GBP2024-07: 2,116 GBP2024-08: 2,130 GBP2024-09: 2,147 GBP2024-10: 2,172 GBP2024-11: 2,209 GBP2024-12: 2,221 GBP2025-01: 2,229 GBP2025-02: 2,235 GBP2025-03: 2,243 GBP2025-04: 2,246 GBP2025-05: 2,249 GBP2025-06: 2,252 GBP2025-07: 2,250 GBP2025-08: 2,253 GBP2025-09: 2,260 GBP2025-10: 2,265 GBP2025-11: 2,271 GBP2025-12: 2,268 GBP2026-01: 2,253 GBP2026-02: 2,273 GBP2026-03: 2,280 GBP2026-04: 2,290 GBP2026-05: 2,294 GBP2026-06: 2,302 GBP2026-07: 2,317 GBP2026-08: 2,332 GBP
GBP. Source: Office for National Statistics, Price Index of Private Rents, UK: monthly price statistics, Table 1: rental price, all property types, pounds per month (ONS). Retrieved 2026-10-12, published 2026-09-16.
All 140 values
PeriodGBP
2026-082,332 Provisional
2026-072,317 Provisional
2026-062,302
2026-052,294
2026-042,290
2026-032,280
2026-022,273
2026-012,253
2025-122,268
2025-112,271
2025-102,265
2025-092,260
2025-082,253
2025-072,250
2025-062,252
2025-052,249
2025-042,246
2025-032,243
2025-022,235
2025-012,229
2024-122,221
2024-112,209
2024-102,172
2024-092,147
2024-082,130
2024-072,116
2024-062,100
2024-052,088
2024-042,071
2024-032,056
2024-022,034
2024-012,009
2023-121,994
2023-111,982
2023-101,971
2023-091,957
2023-081,945
2023-071,930
2023-061,915
2023-051,896
2023-041,870
2023-031,850
2023-021,841
2023-011,830
2022-121,818
2022-111,806
2022-101,791
2022-091,785
2022-081,773
2022-071,763
2022-061,754
2022-051,750
2022-041,746
2022-031,739
2022-021,735
2022-011,728
2021-121,724
2021-111,716
2021-101,713
2021-091,709
2021-081,706
2021-071,706
2021-061,713
2021-051,712
2021-041,721
2021-031,731
2021-021,735
2021-011,735
2020-121,737
2020-111,742
2020-101,745
2020-091,745
2020-081,744
2020-071,745
2020-061,741
2020-051,742
2020-041,741
2020-031,748
2020-021,744
2020-011,738
2019-121,737
2019-111,733
2019-101,728
2019-091,723
2019-081,716
2019-071,712
2019-061,712
2019-051,714
2019-041,698
2019-031,700
2019-021,701
2019-011,695
2018-121,696
2018-111,691
2018-101,686
2018-091,681
2018-081,683
2018-071,680
2018-061,676
2018-051,675
2018-041,678
2018-031,683
2018-021,694
2018-011,689
2017-121,697
2017-111,699
2017-101,700
2017-091,698
2017-081,706
2017-071,711
2017-061,705
2017-051,701
2017-041,706
2017-031,704
2017-021,702
2017-011,705
2016-121,702
2016-111,700
2016-101,696
2016-091,695
2016-081,691
2016-071,687
2016-061,679
2016-051,674
2016-041,666
2016-031,664
2016-021,655
2016-011,654
2015-121,648
2015-111,644
2015-101,644
2015-091,643
2015-081,634
2015-071,624
2015-061,620
2015-051,616
2015-041,602
2015-031,590
2015-021,583
2015-011,580

Compared with United Kingdom

PlaceAugust 2026
London2,332
United Kingdom1,400

Definition

Average rent paid per calendar month for homes let by private landlords, in pounds sterling, from the Price Index of Private Rents (PIPR) of the Office for National Statistics. It covers new and existing tenancies, all property sizes and types, and is built from administrative rent data. Not seasonally adjusted. United Kingdom, its nations and English regions, and local authorities in England and Wales.

Rents actually paid, including long-standing tenancies, so it is below the asking rents of new listings on property portals. Rounded to the nearest pound. Scotland figures are mainly advertised new lets and Northern Ireland figures are newly advertised lets, so the ONS advises caution when comparing them with England and Wales. For US median gross rent see median_gross_rent.

How to cite

Office for National Statistics. Price Index of Private Rents, UK: monthly price statistics, Table 1: rental price, all property types, pounds per month (ONS). Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/priceindexofprivaterentsukmonthlypricestatistics/16september2026. Retrieved 2026-10-12.

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Questions

What is the average monthly private rent, pounds sterling in London?

Average monthly private rent, pounds sterling in London was £2,332 in August 2026, according to the Office for National Statistics (United Kingdom). That is up 3.5% from August 2025.

Where does this figure come from?

Office for National Statistics (United Kingdom). Price Index of Private Rents, UK: monthly price statistics, Table 1: rental price, all property types, pounds per month (ONS). Retrieved by Invokely on 2026-10-12.

What was the highest average monthly private rent, pounds sterling in London?

£2,332 in August 2026, the highest value since January 2015 in this series.

Average monthly private rent, pounds sterling elsewhere in United Kingdom

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