What is the average cost to rent in London? In a nutshell, it all depends…
On where you want to live, how far you’re prepared to travel each day to work, how far you’re prepared to walk to the shops and how much space you really need. In central London, you’d better be prepared to live in an apartment the size of your average nutshell, unless you want to shell out (hur hur) thousands of pounds per month for a room with a view. Just a little further out, you can get a reasonably sized rental that won’t crush your bank balance – you won’t be living in Notting Hill to be sure, but the ‘burbs can be fun!
Rent Prices in London – Take the Tube!
Our friends over at Thrillist put together a nifty infographic of the average prices you can expect to pay for rent in London, on a tube map. Sure, it’s a bit of fun, but it does serve to prove that your choice of property in London will in some ways be governed by more than just your budget. The time it takes you to get to work is important when choosing an apartment, the time it’ll take you to get to the tube station to get the tube to get you to work is also important, especially in winter… in the snow/sleet/rain. Even if you live further afield, try to make sure that you’re close to the tube or train station.
How to Find an Apartment to Rent in London?
The very first thing I always tell people moving to London to do, is make a list of everything that you need before you start looking. Not what you want, mind. What you NEED. Spend a good couple of hours going over your have-to-haves before you even start your property search. Factor in the following:
Once you’ve made your list, you can start to think about things like price, area etc and begin to look for an apartment that covers your needs and then is a close as possible to your budget and in an area that you want to live.
At London Relocation, we call this a Needs Assessment, and it’s the very first step that we take with potential renters whether they’re moving to London, or moving in London. Like the London A-Z, and the tube map, we never start any journey without it.