Greater London Rental Prices

ONS private rent data for Greater London, including average rent, monthly movement, annual movement and rental series by bedroom or property type where available.

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Average monthly rent
£2,294
ONS rents May 2026
Monthly rent movement
+0.2%
Annual rent movement
+2.0%
Indicative gross yield
5.0%
Average rent vs average price

Private rent trend

All homes ONS Price Index of Private Rents series, last 5Y.

Latest rent£2,294May 2026
Last month£2,290April 2026
Monthly change+0.2%Rent estimate
Last year£2,249May 2025
Annual change+2.0%Rent estimate
Monthly movementUp 0.2%From £2,290 last month
Annual movementUp 2.0%From £2,249 last year
Rental price commentary · Last updated June 2026

Greater London’s average private rent stood at £2,294 in May 2026, according to the ONS Price Index of Private Rents. That is up by £4 from April, a monthly rise of 0.17%.

The annual increase was 2.04%, so rents are still rising, but at a much steadier pace than a year ago.

Rent By Bedroom Count

one bed£1,733+2.4% annual
two bed£2,196+2.1% annual
three bed£2,596+2.2% annual
four or more bed£3,586+1.2% annual

Rent By Property Type

Detached£2,873+1.9% annual
Semi-detached£2,897+2.0% annual
Terraced£2,791+2.1% annual
Flat Maisonette£2,024+2.0% annual