A guide to renting flats in London

London has one of the hottest property markets in the world. With so much competition for houses and huge house prices, it can be tough to find a flat for you to rent.

If you’re thinking about moving to London, one thing you’ll notice is that London has many different areas- some more expensive than others.

If you’re looking to make this flat a long-term home, it’s best to pick an area of London that’s best for you. London is a huge city! There is such a wide range of prices depending on the area you’re looking to rent the flat in.

Searching for flats in London is tricky. But to relieve the stress, here is some information about the London rental market and a few tips on making your search a little easier.

Rental prices in London

It’s no secret that London house prices are pretty high! With house prices multiplying, more people are unable to afford deposits on flats and prefer to rent.

Renting is also becoming more popular. By 2025, it’s estimated that around 60% of people in London will be renting their houses. Unfortunately, rent isn’t much cheaper either!

The average rent for flats in London is around £1600 a month. Compared to other areas of the UK, this is a hefty sum. When renting a flat, you will need a deposit of around 4-6 weeks of rent.

You can also look into rent a self storage in London if you need some extra space to store some furniture or items while you adjust, this can be a helpful option.

Finding a flat to rent in London

If you have your money ready to pay for your flat, then your next job is finding a flat that you love.

Firstly, you need to make your search a bit more specific. London is a massive region with several different boroughs. If you pick a specific area of London that you want to move to, this will make your search a lot easier.

When searching for an area to rent in London, you will need to work out what you want in a flat.

If you’re looking to live in central London or more expensive parts of London, you’ll likely have to find a smaller flat or studio flat to stick to your budget.

If you want a more spacious flat with more rooms, an area further out from the centre of London usually is cheaper and will let you keep to your budget.

There are also many different types of flats that you will need to pick out. If you’re a student, it’s probably ideal to look at a flatshare to cut costs. A flatshare reduces your rent but still lets you live in a great home fit for you.

If you’re a young professional or couple, then a studio flat might be ideal for you. You probably won’t need that much space as a couple or young professional and studio flats usually are cheaper than multi-room flats.

Flats are still suitable for families in London. There are more spacious flats with multiple bedrooms in many different areas of London. These types of flats are usually more expensive to rent than smaller ones.

For more information about renting flats in London, you can visit Oasis Living.

Author Bio:

Ebo Aneju’currently an aspiring social media manager and content writer. But I am looking to add to this list and grow my experience and skillset. He is write content about SEO, hemp oil, SEO tools, real estate, health etc.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Estate Agent Talk

The ‘Rentvesting’ Strategy: Owning a Home Where You Can’t Afford to Live

Oh, the ever-evolving property market. Keeps us wondering: how will I keep my head above water? And this is how a war-like property strategist is born. One of these savvy strategies is called: rentvesting. This is the art of renting where you want to live and buying where it fits your wallet.  Getting your foot…
Read More
Rightmove logo
Breaking News

Momentum gathers for retail investment as Bank Rate cut again

Demand to invest in retail property was up by 30% in Q3 2025 compared to the same period in 2024 The office market is also continuing to recover, with investment demand up by 31% over the same period, and leasing demand up by 7% Overall demand to invest in commercial property was up by 11%…
Read More
Breaking News

Surge in first-time buyers’ preference for cheaper homes subsides as market adjusts to April’s stamp duty changes

Proportion of first-time buyers purchasing properties under £300k decreased to 64.3 per cent in September, following a peak of 72.0 per cent in May after changes to stamp duty thresholds Detached and semi-detached homes now make up nearly two-thirds of non-first-time buyer purchases, as ‘second-steppers’ look for long-term security Spending on mortgage and rental payments…
Read More
Breaking News

UK House Price Index summary: August 2025

The average price of a property in the UK was £273,000 The annual price change for a property in the UK was 3.0% The monthly price change for a property in the UK was 0.8% The monthly index figure (January 2023 = 100) for the UK was 104.6   Colleen Babcock, Rightmove’s property expert, says:…
Read More
Breaking News

Breaking Property News 22/10/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why software audits matter for Proptechs In today’s hyper-competitive real estate technology landscape, scaling too quickly, or operating with outdated or inefficient systems can expose firms to risks far beyond lost opportunities. That’s why an increasing number of organisations are turning to a specialised…
Read More
Estate Agent Talk

Demand for project properties soars versus general market

New research from The Property DriveBuy reveals that demand for fixer-upper properties is easily eclipsing overall market demand as homebuyers demonstrate a strong appetite for renovation projects amidst ongoing affordability restrictions due to stubbornly higher mortgage rates and slow but steady house price growth. Across England, there are currently an estimated 601,525 homes listed for…
Read More