Bexley in South East London is the most affordable place to rent in London, according to new data.
Divided equally a four bed property costs £408.38 a month on average.
This is 35 per cent cheaper than the average cost of renting a room in London, which was found to be £629 per month according to the Government’s April 2017 – March 2018 Private Rental Market Summary Statistics.
Bexley station is situated in Travelcard zone 6 and is around 14 miles from London Charing Cross station – a journey time of 38 minutes while travelling on a Southeastern train.
A daily return journey costs up to £6.23, £62.30 for a weekly season ticket and £239.30 for a monthly season ticket.
This table below shows the cheapest scenarios in each area of London based on OnTheMarket.com data:
| London boroughs by region | Average cost per person per bedroom | Most cost effective rental property (no of bedrooms) | |||
| North | 1 Bed | 2 Beds | 3 Beds | 4 Beds | |
| Barnet | £1,174.33 | £835.82 | £842.29 | £830.45 | 4 |
| Enfield | £961.00 | £691.76 | £648.82 | £521.84 | 4 |
| Haringey | £1,272.08 | £910.72 | £847.42 | £927.84 | 3 |
| East | |||||
| Barking and Dagenham | £1,008.75 | £612.47 | £474.61 | £425.00 | 4 |
| Bexley | £758.20 | £560.41 | £450.38 | £408.38 | 4 |
| Greenwich | £1,148.15 | £793.26 | £665.35 | £638.39 | 4 |
| Hackney | £1,575.92 | £1,068.69 | £949.76 | £700.51 | 4 |
| Havering | £854.06 | £597.71 | £462.79 | £471.11 | 3 |
| Lewisham | £1,031.97 | £702.67 | £577.32 | £501.73 | 4 |
| Newham | £1,281.26 | £816.88 | £625.47 | £526.72 | 4 |
| Redbridge | £999.58 | £683.40 | £582.28 | £523.98 | 4 |
| Tower Hamlets | £1,678.08 | £1,183.81 | £1,165.32 | £884.77 | 4 |
| Waltham Forest | £1,100.61 | £702.05 | £549.31 | £478.52 | 4 |
| South | |||||
| Bromley | £935.81 | £655.11 | £535.28 | £563.61 | 3 |
| Croydon | £877.81 | £623.19 | £519.39 | £508.41 | 4 |
| Kingston upon Thames | £1,099.15 | £740.65 | £648.55 | £627.40 | 4 |
| Merton | £1,251.29 | £854.17 | £750.75 | £883.43 | 3 |
| Sutton | £897.89 | £611.98 | £551.73 | £560.09 | 3 |
| Wandsworth | £1,507.67 | £1,051.18 | £1,044.39 | £975.57 | 4 |
| West | |||||
| Brent | £1,207.28 | £805.60 | £693.87 | £617.06 | 4 |
| Ealing | £1,222.47 | £884.56 | £719.24 | £746.22 | 3 |
| Hammersmith and Fulham | £2,001.25 | £1,485.83 | £1,349.78 | £1,457.83 | 3 |
| Harrow | £1,064.08 | £690.53 | £562.51 | £543.48 | 4 |
| Hillingdon | £962.45 | £639.90 | £498.44 | £510.31 | 3 |
| Hounslow | £1,230.88 | £836.20 | £674.10 | £801.43 | 3 |
| Richmond upon Thames | £1,517.73 | £970.63 | £956.21 | £1,067.85 | 3 |
| Central | |||||
| Camden | £1,944.28 | £1,471.05 | £1,614.44 | £1,911.65 | 2 |
| Kensington and Chelsea | £2,759.03 | £2,068.36 | £2,969.02 | £3,271.34 | 2 |
| Islington | £1,716.96 | £1,164.90 | £1,094.33 | £895.85 | 4 |
| Southwark | £1,715.39 | £1,158.93 | £1,348.99 | £985.07 | 4 |
| Westminster | £2,915.22 | £2,167.34 | £2,594.34 | £2,869.39 | 2 |
| Lambeth | £1,616.82 | £1,128.41 | £1,318.46 | £961.21 | 4 |
RELATED
Thank you for sharing the information relating to property rental prices. This is of great help to me and my wife as it gives us some great insight into what prices are around London it also saves us a lot of time searching the web
Thank you
Great Post is full of lots of value. The information you share will help many people in London get a good idea of what to expect when renting a property
It is interesting I am a 62 year old lady I currently pay £550 per month renting in the south East I commute in to London to workand it is killing me. I leave home at 10am and do not return home to Hastings until 1a.m. They will not let me buy in London because of my age even though I still work and I am not on any medication . I love to Party and still love my high Heels. to day I have been to look at a residential home just outside London as they keep telling me it is all I can have at my age. I felt really deppressed looking round but if it is the only way I can get closer to my Job I have No choice. They still want and expect us to work but will not let us live like a normal human being. It is just terrible.