If you’re looking for an affordable place to rent in London, you may be interested in learning the cheapest areas to rent within the capital. Rent prices across the United Kingdom have risen sharply alongside overall property prices and the cost of living. For renters, understanding the average rent prices will prevent you from overpaying, especially if you’re on a tight budget. With that in mind, here are some of the best locations to the cheapest places to live in London:
The Cheapest Areas to Rent In London
Whether you’re already renting and asking yourself, “where can I find cheap places to rent near me?” or searching for a new part of London to rent in, here are some of the cheapest rental areas to consider. Once you have chosen your ideal neighbourhood, our residential home removals in London team can handle the entire move for you.
Bexley
Bexley is considered the cheapest area to rent a home. The great thing about this location is that there are various property types to rent, whether you’re flying solo or have a family. Bexley, situated in outer London, is one of the greenest places to live. If you need transport links to central London, you’ll be pleased to know that it only takes a 30-minute train journey from Bexley Railway Station or around 50 minutes via car.
The average monthly rent per person for a one-bedroom flat is around £825, a two-bedroom flat is £560 per person and about £400 per person for a three-bedroom flat.
Havering
Havering is also part of outer London, located around one hour and ten minutes away from the centre via car. This suburban area boasts plenty of open spaces, parks, retailers and restaurants. There is easy access to local transport links, including National Rail that takes you to Liverpool Street station, which is within walking distance from Brick Lane market. The array of green spaces are ideal for those who prefer walking or have pets.
The average monthly rent per person for a one-bedroom flat is around £865, a two-bedroom flat is £580 per person and about £440 per person for a three-bedroom flat. If your plans change quickly, our last-minute moving in London covers short-notice bookings across all of these areas.
Barking and Dagenham
Only 9 miles away from central London, Barking and Dagenham has museums, parks and shops. It’s only 30 minutes via tube to the City of London, while there are transport links to many other parts of London too. This location is ideal for first-time buyers, especially as the average house price is around £325,000, which is more affordable than other parts of the capital.
The average monthly rent per person for a one-bedroom flat is £1000, a two-bedroom flat is £625 per person and around £490 per person for a three-bedroom flat.
Lewisham
If you’re looking for an area close to Central London, you’ll love Lewisham. With an abundance of transport links, including a direct train to London Waterloo East station, close to Big Ben and London Eye, and London Bridge Station, 10 minutes walk to Tower Bridge, Lewisham is in a great location. It also has a rich community and diversity – perfect for all types of renters.
The average monthly rent per person for a one-bedroom flat is £1100, a two-bedroom flat is £775 per person and around £685 per person for a three-bedroom flat. If you need somewhere to keep belongings while you settle in, our storage collection and delivery option lets us collect, store and return your items at a time that suits you.
Waltham Forest
Waltham Forest ticks many boxes for many renters, including green areas, cultural, which places, independent shops and easy transport access such as the district line. Epping Forest is also close-by.
The average monthly rent per person for a one-bedroom flat is £1065, a two-bedroom flat is £708 per person and around £650 per person for a three-bedroom flat.
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Bromley
Bromley is one of London’s safest places to live. With low crime rates, it’s popular with families and young couples. Good transport links and a mixture of rural and urban areas make Bromley one of the best (and more affordable) spots to rent.
The average monthly rent per person for a one-bedroom flat is £920, a two-bedroom flat is £650 per person and around £515 per person for a three-bedroom flat. To see how one of our recent moves played out, read our North London removals case study showing a full relocation from NW6 to Kent.
Sutton
If you prefer some peace and quiet, Sutton is well-known for its tranquillity compared to neighbouring areas. Sutton boasts excellent schools, outdoor spaces, beautiful period properties and is only 30 minutes away from London Victoria via transport.
The average monthly rent per person for a one-bedroom flat is £930, a two-bedroom flat is £630 per person and around £555 per person for a three-bedroom flat.
Cheap Areas to Live in London for Couples
Couples have a vast choice of affordable properties to rent. Depending on your personal preferences, you’ll prefer Barking and Dagenham, which is ideal if you plan to purchase a home in the next few years. Alternatively, you may like Waltham Forest, which has a rich sense of community and costs around £1400-£1500 for a two-bedroom apartment. Relocating for work as well as home? Our guide to workspaces available in London can help you find a suitable office or desk near your new address.
Cheap Rent in London for Families
Havering is an excellent choice for families due to the range of amenities, green spaces and choice of schools. It’s also one of the cheapest areas to rent in London, with four-bedroom houses costing £1900 per month.
Cheapest Areas to Rent in London As a Single Person
If you’re willing to rent within a house share, you have a good selection of affordable rental properties in London. The cheapest areas tend to be Bexley. However, if you prefer a more urban space closer to the centre of London, you may prefer Lewisham. If you decide to share a house, you can expect rents from around £400 upwards.
Moving to One of The Cheapest Places to Rent in London? Removal & Storage Experts Can Assist You!
If you’re moving to a new place in London and planning to place some belongings into storage, Removals & Storage Experts can help. We’re experts in moving and storage, providing packing, collection, and storage services. We do all the heavy work, so you don’t need to lift a finger. Get in touch for a free quote.
