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Okay, so the information I’m about to give you isn’t particularly groundbreaking. But just in case you hadn’t already noticed: renting in London is really rather expensive. Wading through the murky waters of London‘s rental market is neither for the faint of heart or the low of funds. But I come bearing the faintest flicker of hope. And that teeny tiny glimmer comes in the form of the London Borough of Brent.
The average rental prices across the capital city have continued to soar over the past year. On the whole, the average cost to rent a gaff in London rose by 7.3% between June 2024 and June 2025, leaping from £2,100 to £2,252. The bleakly unsurprising figures come courtesy of a recent report from the Office of National Statistics. But despite the average cost of rent rising in 31 of the 32 boroughs in the capital; there was one lone London borough that actually saw a slight decrease in its rental prices. Who’d have thought it?
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The London Borough of Brent was the only London spot to have seen even the slightest sliver of downward movement in the average rental price department. The north-west London locale that encompasses the likes of Wembley, Neasdon and Queen’s Park saw a 3.1% decrease in the monthly average, dropping from £2,063 to £1,999.
Brent isn’t the cheapest borough in the city to rent a property, though. That accolade still firmly belongs to Bexley, where the average monthly rent is just £1,485. Coming as a surprise to absolutely nobody, the most expensive area to lay your hat in London is the oh-so charming borough of Kensington and Chelsea, where monthly rent will, on average, set you back a rather eye-watering £3,616.
The figures are averaged out across all property types, from the smallest studios to the most sizeable townhouses. You can have a nosey at the full report here.