Data / Private rents, annual change / London

Private rents, annual change in London

Private rents, annual change in London was 3.5% in August 2026, according to the Office for National Statistics (United Kingdom). That is down 2.2 pts from August 2025.

August 20263.5% Provisional
Change on August 2025-2.2 pts
Series high11.5November 2024
Series low-2.2July 2021

Private rents, annual change in London, January 2016 to August 2026

-50510152016-012017-082019-032020-102022-052023-122026-082016-01: 4.7 %2016-02: 4.5 %2016-03: 4.7 %2016-04: 4 %2016-05: 3.6 %2016-06: 3.6 %2016-07: 3.9 %2016-08: 3.5 %2016-09: 3.2 %2016-10: 3.2 %2016-11: 3.4 %2016-12: 3.3 %2017-01: 3.1 %2017-02: 2.9 %2017-03: 2.4 %2017-04: 2.4 %2017-05: 1.6 %2017-06: 1.6 %2017-07: 1.4 %2017-08: 0.9 %2017-09: 0.2 %2017-10: 0.2 %2017-11: -0 %2017-12: -0.3 %2018-01: -0.9 %2018-02: -0.5 %2018-03: -1.2 %2018-04: -1.6 %2018-05: -1.5 %2018-06: -1.7 %2018-07: -1.8 %2018-08: -1.3 %2018-09: -1 %2018-10: -0.8 %2018-11: -0.5 %2018-12: -0 %2019-01: 0.3 %2019-02: 0.4 %2019-03: 1 %2019-04: 1.2 %2019-05: 2.3 %2019-06: 2.2 %2019-07: 1.9 %2019-08: 1.9 %2019-09: 2.5 %2019-10: 2.5 %2019-11: 2.5 %2019-12: 2.4 %2020-01: 2.5 %2020-02: 2.5 %2020-03: 2.8 %2020-04: 2.6 %2020-05: 1.6 %2020-06: 1.7 %2020-07: 1.9 %2020-08: 1.7 %2020-09: 1.3 %2020-10: 1 %2020-11: 0.5 %2020-12: 0 %2021-01: -0.2 %2021-02: -0.6 %2021-03: -1 %2021-04: -1.2 %2021-05: -1.8 %2021-06: -1.6 %2021-07: -2.2 %2021-08: -2.2 %2021-09: -2.1 %2021-10: -1.8 %2021-11: -1.5 %2021-12: -0.8 %2022-01: -0.4 %2022-02: 0 %2022-03: 0.5 %2022-04: 1.5 %2022-05: 2.2 %2022-06: 2.4 %2022-07: 3.4 %2022-08: 3.9 %2022-09: 4.5 %2022-10: 4.5 %2022-11: 5.2 %2022-12: 5.4 %2023-01: 5.9 %2023-02: 6.1 %2023-03: 6.3 %2023-04: 7.1 %2023-05: 8.4 %2023-06: 9.2 %2023-07: 9.5 %2023-08: 9.7 %2023-09: 9.6 %2023-10: 10 %2023-11: 9.7 %2023-12: 9.7 %2024-01: 9.7 %2024-02: 10.5 %2024-03: 11.2 %2024-04: 10.7 %2024-05: 10.1 %2024-06: 9.6 %2024-07: 9.6 %2024-08: 9.5 %2024-09: 9.7 %2024-10: 10.2 %2024-11: 11.5 %2024-12: 11.4 %2025-01: 11 %2025-02: 9.9 %2025-03: 9.1 %2025-04: 8.4 %2025-05: 7.7 %2025-06: 7.3 %2025-07: 6.3 %2025-08: 5.7 %2025-09: 5.3 %2025-10: 4.3 %2025-11: 2.8 %2025-12: 2.1 %2026-01: 1.1 %2026-02: 1.7 %2026-03: 1.7 %2026-04: 2 %2026-05: 2 %2026-06: 2.2 %2026-07: 3 %2026-08: 3.5 %
%. Source: Office for National Statistics, Price Index of Private Rents, UK: monthly price statistics, Table 1: annual change in the index, all property types, percent (ONS). Retrieved 2026-10-12, published 2026-09-16.
All 128 values
Period%
2026-083.5 Provisional
2026-073 Provisional
2026-062.2
2026-052
2026-042
2026-031.7
2026-021.7
2026-011.1
2025-122.1
2025-112.8
2025-104.3
2025-095.3
2025-085.7
2025-076.3
2025-067.3
2025-057.7
2025-048.4
2025-039.1
2025-029.9
2025-0111
2024-1211.4
2024-1111.5
2024-1010.2
2024-099.7
2024-089.5
2024-079.6
2024-069.6
2024-0510.1
2024-0410.7
2024-0311.2
2024-0210.5
2024-019.7
2023-129.7
2023-119.7
2023-1010
2023-099.6
2023-089.7
2023-079.5
2023-069.2
2023-058.4
2023-047.1
2023-036.3
2023-026.1
2023-015.9
2022-125.4
2022-115.2
2022-104.5
2022-094.5
2022-083.9
2022-073.4
2022-062.4
2022-052.2
2022-041.5
2022-030.5
2022-020
2022-01-0.4
2021-12-0.8
2021-11-1.5
2021-10-1.8
2021-09-2.1
2021-08-2.2
2021-07-2.2
2021-06-1.6
2021-05-1.8
2021-04-1.2
2021-03-1
2021-02-0.6
2021-01-0.2
2020-120
2020-110.5
2020-101
2020-091.3
2020-081.7
2020-071.9
2020-061.7
2020-051.6
2020-042.6
2020-032.8
2020-022.5
2020-012.5
2019-122.4
2019-112.5
2019-102.5
2019-092.5
2019-081.9
2019-071.9
2019-062.2
2019-052.3
2019-041.2
2019-031
2019-020.4
2019-010.3
2018-12-0
2018-11-0.5
2018-10-0.8
2018-09-1
2018-08-1.3
2018-07-1.8
2018-06-1.7
2018-05-1.5
2018-04-1.6
2018-03-1.2
2018-02-0.5
2018-01-0.9
2017-12-0.3
2017-11-0
2017-100.2
2017-090.2
2017-080.9
2017-071.4
2017-061.6
2017-051.6
2017-042.4
2017-032.4
2017-022.9
2017-013.1
2016-123.3
2016-113.4
2016-103.2
2016-093.2
2016-083.5
2016-073.9
2016-063.6
2016-053.6
2016-044
2016-034.7
2016-024.5
2016-014.7

Compared with United Kingdom

PlaceAugust 2026
London3.5
United Kingdom3.8

Definition

Percentage change in the Price Index of Private Rents (PIPR) of the Office for National Statistics compared with the same month a year earlier. The index follows rents paid on new and existing private tenancies. Not seasonally adjusted. United Kingdom, its nations and English regions, and local authorities in England and Wales.

Rent inflation for sitting and new tenants together, so it moves more slowly than asking rents on new listings. It is not the actual rents component of consumer price inflation (CPI or CPIH), which also covers social housing.

How to cite

Office for National Statistics. Price Index of Private Rents, UK: monthly price statistics, Table 1: annual change in the index, all property types, percent (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 private rents, annual change in London?

Private rents, annual change in London was 3.5% in August 2026, according to the Office for National Statistics (United Kingdom). That is down 2.2 pts 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: annual change in the index, all property types, percent (ONS). Retrieved by Invokely on 2026-10-12.

What was the highest private rents, annual change in London?

11.5% in November 2024, the highest value since January 2016 in this series.

Private rents, annual change elsewhere in United Kingdom

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