London is one of the most expensive cities in the world, and finding an affordable apartment can be quite challenging. However, it is not impossible to find a cheap apartment in London if you know where to look. In this article, we will explore some of the cheapest apartments in London and how you can find them.
What Is Considered Cheap in London?
Before we dive into some of the cheapest apartments in London, it’s essential to understand what is considered cheap in London. According to recent data, the average rent for a one-bedroom apartment in London is around £1,400 per month. However, rent prices vary depending on the location and other factors such as amenities and size.
Where Can You Find Cheap Apartments in London?
If you’re looking for a cheap apartment in London, there are several areas that you should consider. These include:
- Barking and Dagenham
- Bexley
- Croydon
- Havering
- Newham
- Sutton
- Waltham Forest
These areas are located on the outskirts of central London and offer more affordable housing options than some of the more popular areas such as Westminster or Kensington.
The Cheapest Apartment in London
The cheapest apartment in London can be found in Barking and Dagenham. According to recent data, the average monthly rent for a one-bedroom apartment in this area is around £850 per month. This price is significantly lower than other areas within close proximity to central London.
However, it’s important to note that finding an apartment at this price point may not be easy. The demand for affordable housing options is high, and there may be limited availability.
How to Find Cheap Apartments in London
If you’re looking for a cheap apartment in London, there are several things you can do to increase your chances of finding one. These include:
- Use online resources such as Zoopla or Rightmove to search for affordable apartments
- Consider sharing an apartment with roommates to split the cost of rent
- Check local newspapers and classified ads for listings
- Be flexible with the location and size of the apartment
- Consider moving during off-peak seasons when demand may be lower
Conclusion
While finding a cheap apartment in London may be challenging, it’s not impossible. By considering areas outside of central London and using various resources to search for listings, you can increase your chances of finding an affordable apartment that meets your needs. Keep in mind that flexibility is key when searching for affordable housing options in London.