Where Is the Cheapest Rent in London?

By Alice Nichols

Are you looking for a place to rent in London? If affordability is your top priority, then you’ll want to know where to find the cheapest rent in the city.

While London is notorious for its high cost of living, there are still some areas where you can find affordable accommodation. Here’s a breakdown of some of the cheapest places to rent in London.

East London

If you’re willing to venture out to the east side of the city, there are some great options for affordable housing. Areas like Barking and Dagenham, Newham, and Tower Hamlets offer some of the lowest rents in all of London. You can find a one-bedroom apartment for around £800-£1,000 per month in these areas.

Barking and Dagenham

Barking and Dagenham is located on the outskirts of London but still offers easy access to central areas via public transportation. The average monthly rent for a one-bedroom apartment in this area is around £850.

Newham

Newham is home to several popular neighborhoods like Stratford and Canning Town. This area has undergone significant regeneration over recent years and now boasts several modern developments with affordable rents. The average monthly rent for a one-bedroom apartment in Newham is around £900.

Tower Hamlets

Tower Hamlets is located just east of central London and offers easy access to popular areas like Shoreditch and Canary Wharf. The average monthly rent for a one-bedroom apartment in this area is around £1,000.

South London

South London has never been as popular as other areas of the city like central or west London. However, it’s still possible to find affordable housing here if you know where to look.

Lewisham

Lewisham is located in south-east London and is known for its lively high street and excellent transport links.

Croydon

Croydon is located just south of London and offers easy access to Gatwick Airport. The average monthly rent for a one-bedroom apartment in Croydon is around £1,000.

North London

North London has always been a popular choice for renters. However, some areas in the north offer more affordable housing options than others.

Enfield

Enfield is located on the outskirts of north London and offers excellent transport links to central areas.

Haringey

Haringey is located just north of central London and offers easy access to areas like Camden and Islington. The average monthly rent for a one-bedroom apartment in this area is around £1,100.

  • Conclusion: While London may be an expensive city to live in, there are still some affordable options if you’re willing to look beyond the most popular areas. East London offers some of the cheapest rents in the city with areas like Barking and Dagenham being particularly budget-friendly.

    South London also has its fair share of affordable housing options with places like Lewisham offering great value for money. And finally, North London has some hidden gems like Enfield that offer more affordable accommodation options than other parts of the city.

Happy Hunting!

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