Renting in a shared family is the most cost effective strategy to reside in London however, with room rents up 37% in simply 5 years, analysis from flatshare website SpareRoom has revealed.
The common London room hire rose from £728 per thirty days in Q3 2020 to £995 per thirty days in Q3 2025.
Rents first handed £900pm on the finish of 2022, peaked at a report excessive of £1,015pm on the finish of 2023 and are actually near £1,000pm as soon as extra.
Matt Hutchinson, director at flatshare website SpareRoom, stated: “Due to continual undersupply within the London rental market, rents are stubbornly excessive and assembly affordability standards – not spending greater than 30% of your wage on hire – isn’t doable.
“When even the most cost effective room in London is above £700 per thirty days, hardworking individuals the capital depends on to operate have little selection however to depart.”
It’s nonetheless doable to seek out common rents beneath £800 per thirty days in E12 (Manor Park), E6 (East Ham), N9 (Decrease Edmonton) and E4 (Chingford). By postcode, common rents in E12 have fallen probably the most (-11%) yr on yr.
These on tight budgets ought to contemplate looking out within the south east of the capital, the place the common hire is lowest at £951 per thirty days. However take be aware that, in Q3, 4 SE postcodes noticed a number of the highest year-on-year hire will increase in the entire of London: SE3 (Blackheath), SE24 (Herne Hill), SE4 (Brockley), SE9 (Eltham).
North London has seen the best year-on-year hire enhance (+2.1%) in Q3 2025.
