Rental prices in London are already sky-high, and they don't seem to be decreasing anytime soon. But don't worry, there are still options for those looking for an affordable place to rent. Whether you're looking to live alone or with roommates, here are the 10 cheapest places to rent in London. Bexley is currently the most budget-friendly area for renting a flat in London.
The average rent for one-bedroom apartments is 823 pounds a month, while two-bedrooms cost around 1,100 pounds a month. Bexley is a great option for those looking to move, as it's only a 47-minute drive from the city and a 30-minute train ride from Bexley train station. Barking and Dagenham may be more expensive than the English average, but it's still worth considering if you're looking for an affordable place to live. The rent is 66% higher than the average, but you can reach central London in less than an hour from Barking station.
Havering is a quiet suburban neighborhood on the outskirts of east London. Rental prices here aren't much higher than Bexley, and the area is less densely populated. This makes it perfect for those who want peace and serenity, as well as access to fields and forests. The town of Romford is located in the center of Havering, offering a lively nightlife and shopping centre.
Bromley is one of the safest places to live in London, with low crime rates and plenty of urban elegance and rural charm. It's also home to 30% farmland, making it a great option for those who want access to nature. Plus, there are plenty of cheap accommodation options available here. Newham is famous for hosting the Olympic Park, including the stadium.
There are plenty of restaurants, bars, pubs and nightclubs here, many of which are located in period buildings that represent the area's rich history. Plus, there are some of the best schools and universities in the country nearby, such as Croydon College which has received the Queen's Award for its voluntary service. Ealing is a much sought after area in central London that offers a perfect mix of housing, shopping, schools and entertainment. Plus, there are plenty of transport connections and options for where to shop, eat and relax.
Greenwich is one of the best historic areas in London for maritime and scientific advances. It now has a relaxed atmosphere with lots of green spaces to escape from city life. Lewisham is a great starting point for eating and shopping, with an indoor shopping centre and an outdoor street market. There are also plenty of new housing developments here due to its excellent transport links. Sutton has become increasingly popular among professionals due to its new developments.
It's popular with families but also offers great opportunities for professionals looking for an affordable Zone 2 district. Bromley is London's largest district by area with plenty of space for parks, green spaces and oversized housing. It's been a magnet for young families for decades now. When it comes to public services such as heating, electricity or water bills you can check online resident forums or utility provider comparison websites such as Which? to make sure that what you are going to pay is reasonable compared to market rates that other tenants pay. An average monthly expenditure merely illustrative on utility bills would be something like 50 pounds on electricity between 20 and 35 pounds on heating and 25 pounds on water. In conclusion there are many options when it comes to renting property in London at an affordable price if you know where to look.