{"id":1077649,"date":"2026-07-09T03:58:34","date_gmt":"2026-07-09T03:58:34","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1077649\/"},"modified":"2026-07-09T03:58:34","modified_gmt":"2026-07-09T03:58:34","slug":"revealed-londons-10-most-and-least-expensive-postcodes-for-rent","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1077649\/","title":{"rendered":"Revealed: London&#8217;s 10 most and least expensive postcodes for rent"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/newsletter_hnp_embed_desktop.png\" alt=\"Homes &amp; Property\" width=\"158px\" height=\"158px\" class=\"sc-kdncxM eGezAW\"\/><\/p>\n<p>The average room in London now costs \u00a3915 per month to rent \u2013 less than the same time last year, new data from rental site <a href=\"https:\/\/www.standard.co.uk\/topic\/spareroom\" rel=\"nofollow noopener\" target=\"_blank\">SpareRoom<\/a> reveals. <\/p>\n<p>London renters are paying \u00a32 less on average than last year, with room <a href=\"https:\/\/www.standard.co.uk\/topic\/rents\" rel=\"nofollow noopener\" target=\"_blank\">rents<\/a> having fallen by 0.2 per cent.<\/p>\n<p><a href=\"https:\/\/www.standard.co.uk\/topic\/inner-london\" rel=\"nofollow noopener\" target=\"_blank\">Inner London<\/a> rooms are slightly more expensive, at \u00a3979pcm on average, with rents having risen by 0.3 per cent in the same time frame; in outer London, the average room costs \u00a3794pcm, down 0.6 per cent.<\/p>\n<p>The discrepancy, says <a href=\"https:\/\/www.standard.co.uk\/topic\/spareroom\" rel=\"nofollow noopener\" target=\"_blank\">SpareRoom<\/a>, is because flatshare supply dropped by five per cent after the <a href=\"https:\/\/www.standard.co.uk\/homesandproperty\/renting\/renters-rights-act-what-it-means-for-london-tenants-b1257993.html\" rel=\"nofollow noopener\" target=\"_blank\">Renters\u2019 Rights Act<\/a> came into force in May, while supply is holding steady in outer London. <\/p>\n<p>But these modest drops in rent do not reflect the overall pattern. In the last five years, average London rents have gone up by 34 per cent, up from \u00a3685pcm in 2021.<\/p>\n<p>And although the average may be stagnant, a handful of London postcodes have also seen their rents soar over the last year, with parts of southeast London experiencing the highest rises.<\/p>\n<p>Here are the capital\u2019s priciest \u2014and most affordable\u2014 places to rent. <\/p>\n<p><strong>London\u2019s most expensive postcodes<\/strong><\/p>\n<p>Unsurprisingly, the capital\u2019s priciest postcodes for renters are all in west London, with the exception of the City of London. SW7, covering South Kensington and Knightsbridge, tops the table, with the average room costing \u00a31,599pcm. <\/p>\n<p>It\u2019s followed by W1 in the West End, where rooms cost \u00a31,471pcm, and W8 (Holland Park), at \u00a31,449pcm.<\/p>\n<p>In fact, five of the top 10 most expensive postcodes are in <a href=\"https:\/\/www.standard.co.uk\/topic\/royal-borough-of-kensington-and-chelsea\" rel=\"nofollow noopener\" target=\"_blank\">Kensington and Chelsea<\/a>: SW7, W8, SW3 (Chelsea), SW10 (West Brompton) and SW5 (Earl\u2019s Court). <\/p>\n<p>Despite being one of the most expensive postcodes, though, rents have actually fallen by 6.4 per cent in SW10, with the average room now costing \u00a31,282pcm &#8211; \u00a377 more than last year.<\/p>\n<tr>\n<td>\n<p><strong>Postcode<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Average monthly room rent<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SW7 (South Kensington, Knightsbridge)  <\/p>\n<\/td>\n<td>\n<p>\u00a31,599<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>W1 (West End)<\/p>\n<\/td>\n<td>\n<p>\u00a31,471<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>W8 (Holland Park)<\/p>\n<\/td>\n<td>\n<p>\u00a31,449<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SW3 (Chelsea)<\/p>\n<\/td>\n<td>\n<p>\u00a31,360<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SW1 (Westminster, Victoria)<\/p>\n<\/td>\n<td>\n<p>\u00a31,284<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SW10 (West Brompton)<\/p>\n<\/td>\n<td>\n<p>\u00a31,282<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>WC1 (Bloomsbury, High Holborn)<\/p>\n<\/td>\n<td>\n<p>\u00a31,274<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SW5 (Earl\u2019s Court)<\/p>\n<\/td>\n<td>\n<p>\u00a31,273<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>EC1 (Aldersgate, Finsbury, Holborn)<\/p>\n<\/td>\n<td>\n<p>\u00a31,267<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>NW1 (Regent\u2019s Park, St Pancras)<\/p>\n<\/td>\n<td>\n<p>\u00a31,217<\/p>\n<\/td>\n<\/tr>\n<p><strong>London\u2019s least expensive postcodes<\/strong><\/p>\n<p>London\u2019s most affordable postcodes for renters are mostly on the opposite side of London, concentrated on the outer edges of north and east London. Four of the top 10 are in Newham.<\/p>\n<p>The cheapest place to rent a room in the capital, SpareRoom\u2019s data shows, is in E12 (Manor Park), with average rents at \u00a3729pcm &#8211; \u00a3186 cheaper than the London average.<\/p>\n<p>Manor Park has seen one of the biggest drops in <a href=\"https:\/\/www.standard.co.uk\/topic\/rental-prices\" rel=\"nofollow noopener\" target=\"_blank\">rental prices<\/a> over the last year, with rents down from \u00a3866pcm (-7.2 per cent). <\/p>\n<p>E6 (East Ham) is also relatively affordable, at \u00a3734pcm, as is E7 (Forest Gate), at \u00a3778. In the latter, rents have fallen by four per cent since 2025, down from \u00a3823pcm.<\/p>\n<p>Two south-east London postcodes also make the top 10: SE20 (Penge), at \u00a3796pcm, and SE25 (Norwood), at \u00a3804pcm.<\/p>\n<tr>\n<td>\n<p><strong>Postcode<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Average monthly room rent<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p> E12 (Manor Park)<\/p>\n<\/td>\n<td>\n<p>\u00a3729<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>E6 (East Ham)<\/p>\n<\/td>\n<td>\n<p>\u00a3734<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>E7 (Forest Gate)<\/p>\n<\/td>\n<td>\n<p>\u00a3778<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>N18 (Upper Edmonton)<\/p>\n<\/td>\n<td>\n<p>\u00a3789<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>N9 (Lower Edmonton)<\/p>\n<\/td>\n<td>\n<p>\u00a3789<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>E4 (Chingford)<\/p>\n<\/td>\n<td>\n<p>\u00a3792<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SE20 (Penge)<\/p>\n<\/td>\n<td>\n<p>\u00a3796<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>N21 (Winchmore Hill)<\/p>\n<\/td>\n<td>\n<p>\u00a3797<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>E13 (Plaistow)<\/p>\n<\/td>\n<td>\n<p>\u00a3800<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SE25 (Norwood)<\/p>\n<\/td>\n<td>\n<p>\u00a3804<\/p>\n<\/td>\n<\/tr>\n<p><strong>Where rents have risen most<\/strong><\/p>\n<p>While rents may have dropped slightly across London in the past year, parts of southeast London are bucking the trend. <\/p>\n<p>In Crystal Palace (SE19) and Forest Hill (SE23), for example, rents rose by 11.1 per cent \u2013 well above both the London average of -0.2 per cent, but the average for SE postcodes, at one per cent growth. <\/p>\n<p>In Crystal Palace, the average room now costs \u00a3901pcm, up by from \u00a3811 in the summer of 2025. It\u2019s a rise of \u00a390 per month, or \u00a31,080 per year.<\/p>\n<p> In Forest Hill, rents have increased from \u00a3822pcm to \u00a3913pcm.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/07\/14RMRentCrystalPalace1311-10.jpg\" width=\"1866\" height=\"1244\" alt=\"Renter:  Joe Meredith, Crystal Palace&#13;&#10;Pic Shows: &#13;&#10;&#13;&#10;*** COMMISSIONED FOR USE IN HOMES &amp; PROPERTY, THE EVENING STANDARD ONLY. FOR ALL OTHER PUBLICATIONS PERMISSION TO USE MUST BE REQUESTED FROM HOMES &amp; PROPERTY PRIOR TO PUBLICATION. A REPRO FEE WILL BE APPLICABLE FROM THE PHOTOGRAPHER ***&#13;&#10;&#13;&#10;Adrian Lourie\" loading=\"lazy\" class=\"sc-dkPvMp YXmIZ\"\/><\/p>\n<p>Areas like Crystal Palace are \u201chighly desirable\u201d, says SpareRoom director Matt Hutchinson<\/p>\n<p>Adrian Lourie<\/p>\n<p>SE27 (West Norwood), SE24 (Herne Hill), SE18 (Plumstead), SE28 (Thamesmead), SE22 (Dulwich) and SE17 (Walworth) are all south-east London postcodes which have seen rent rises of over six per cent in the last year.<\/p>\n<p>\u201cCrystal Palace and Forest Hill were once seen as \u2018good value alternatives\u2019 to places like Clapham or East Dulwich,\u201d says Matt Hutchinson, SpareRoom\u2019s director. <\/p>\n<p>\u201cToday, they\u2019re highly desirable in their own right, with plenty of green space, the Windrush line and rail connections, bags of character, and rents below the inner London average. <\/p>\n<p>\u201cIn the knowledge that sky-high housing and living costs might mean they\u2019re sharing for years to come, flatsharers today are increasingly concerned about quality of life as well as affordability, and they\u2019re moving wherever can offer them the best of both, pushing up rents in the process.\u201d<\/p>\n<p><strong>Postcodes which are getting cheaper<\/strong><\/p>\n<p>Some areas, conversely, have experienced larger than average drops in rent. In N10 (Muswell Hill), a room now costs \u00a3884pcm, down from \u00a3998pcm at the same time last year \u2013 a fall of 11.4 per cent. <\/p>\n<p>Unlike its neighbour SE27, SE25 (Norwood) has seen rents go down by 7.2 per cent, from \u00a3866pcm to \u00a3804pcm.<\/p>\n<p>In E12 (Manor Park), NW5 (Kentish Town), N13 (Palmers Green) and N19 (Upper Holloway) rents have also reduced by more than five per cent. <\/p>\n<p>But although rents have dropped in these postcodes, it doesn\u2019t necessarily mean that they are affordable. <\/p>\n<p>In Kentish Town, for example, a room now costs \u00a374 less than last year. But at \u00a31,038pcm, rents are still \u00a361 per month more than the northwest London average.<\/p>\n<p>The same is true for N5 (Highbury), where the average room is \u00a354 cheaper than last year, but still costs \u00a31,006pcm. <\/p>\n","protected":false},"excerpt":{"rendered":"The average room in London now costs \u00a3915 per month to rent \u2013 less than the same time&hellip;\n","protected":false},"author":2,"featured_media":1077650,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7757],"tags":[748,393,4884,59598,257,295189,21392,180470,16,15],"class_list":["post-1077649","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london","tag-britain","tag-england","tag-great-britain","tag-inner-london","tag-london","tag-rental-prices","tag-rents","tag-spareroom","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116888019172236690","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1077649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1077649"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1077649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1077650"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1077649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1077649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1077649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}