Quick Answer: Which Area In London Is Cheapest To Rent?

Where is the cheapest rent in London?

*Updated version for 2020: 10 cheapest places to rent in London.

• Barking and Dagenham. AVERAGE RENTAL PRICE: £1,302 per month / £300 per week.
• Croydon. AVERAGE RENTAL PRICE: £1,375 per month / £317 per week.
• Sutton. AVERAGE RENTAL PRICE: £1,407 per month / £325 per week.
• Bromley.
• Lewisham.
• Enfield.
• Harrow.
• Newham.

Where can I find affordable rent in London?

How to Find Cheap Places to Rent In London

1. Know The Cheapest Areas. There are many different crowd sourcing websites that provide you with up to the minute average rental prices.
2. Move Slightly Further Away From a Tube Station.
3. Check Out Gum Tree.
4. Buddy Up.
5. Sign Up For Home Share.
6. Become a Property Guardian.

Where in the UK is the cheapest place to rent?

It found that Shildon, County Durham, was the cheapest place to rent, with homes available for just £376 a month. The study found that the Darlington postcode area, which includes County Durham, the north part of North Yorkshire and a small part of Cumbria, was the cheapest overall to rent.

Where is a safe place to live in London for cheap?

These areas are also pretty affordable, so you get both safety and savings in one!

• 1) Richmond.
• 3) Kingston-upon-Thames.
• 4) Sutton.
• 6) Bromley.

How can I live in London cheaply?

But don’t let this put you off, believe it or not you can live in London for cheaper than you might of thought. Five Top Tips For Living Cheaply In London

1. Eating Out.
2. Get Deep Discounts On Late Night Food.
3. Don’t Buy Your Essentials At The Corner Shop.
4. Attend Exhibitions And Events Completely Free.

Why is rent in London so expensive?

London residents have to compete for accommodation with international investors who buy property in London and leave it empty because they don’t live in the UK. The property is very expensive in the UK, hence the yield one requires on their investment reflects the price you pay for the house, flat etc.

How much is the cheapest apartment in London?

The 10 Cheapest Areas to Rent in London

1. Bexley. Number one on our list, Bexley currently has the cheapest rent in London with 1-bedroom flats averaging at £823 pcm.
2. Havering.
3. Croydon.
4. Barking and Dagenham.
5. Sutton.
6. Bromley.
7. Redbridge.
8. Hillingdon.

How do I find a nice flat in London?

Here are some of the best websites to find a flat in London:

1. SpareRoom—A website that helps you find a room and a flatmate across the UK.
2. Rightmove—According to their website, Rightmove is “UK’s number one property website for properties for sale and rent”
3. Portico—A modern website to find a flat to rent in London.

How much is the rent in London?

How much is rent in London? According to HomeLet, the average rent in London for new tenancies is £1,572 a month. HomeLet also says that rents in London have decreased by 4.7 per cent compared to last year. But rents can of course vary depending on lots of factors, including the location and number of bedrooms.

Is it cheaper to rent or buy UK?

Cheaper, in the short term – While renting a house will often require you to pay a deposit, this will still be significantly less than the deposit and other fees that come with buying a house. Moreover, you will avoid having to pay for any maintenance costs while renting, as these are paid for by your landlord.

What area has the cheapest rent?

Here are the 10 cheapest places to rent in America. Where to find the cheapest rent in America

1. East Grand Forks, MN.
2. Patterson, LA.
3. Marion, IN.
4. Pascagoula, MS.
5. Texarkana, AR.
6. Brusly, LA.
7. Greenville, TX.
8. Leesville, LA.

Which city in UK is the cheapest?

Glasgow – The cheapest city in the UK to buy a home.

• Glasgow £118,900.
• Liverpool £121,800.
• Newcastle £127,100.
• Belfast £137,800.
• Sheffield £138,700.
• Aberdeen £143,200.
• Nottingham £158,000.
• Birmingham £167,100.

Where should I not live in London?

The Top 10 Most Dangerous London Boroughs (Updated for 2019)

• 10) Hackney. The London Borough of Hackney is an area of Inner London which spans parts of East London and North London.
• 9) Croydon. Croydon is a South London borough located just over nine miles from Charing Cross.
• 8) Brent.
• 7) Haringey.
• 6) Tower Hamlets.
• 5) Lambeth.
• 4) Southwark.
• 3) Camden.

What’s the worst part of London?

Most Dangerous Areas In London Westminster – Crime rate 321.4 crimes per 1,000 people. Camden – Crime rate 154.2 crimes per 1,000 people. Kensington and Chelsea – Crime rate 153.9 crimes per 1,000 people. Hammersmith and Fulham – Crime rate 129.2 crimes per 1,000 people.

Is 75k a good salary in London?

£ 75,000 /year is a good salary for London but it’s impossible to predict. A lot is going to depend on where you choose to live. London is 659 square miles and rents vary widely. Central London is very expensive and a 1 bedroom flat will be set you back at least £300/week or £1300/month.