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Affordable London Boroughs for Rent in 2024

by
August 16, 2024

London is renowned for its high cost of living, but there are still some boroughs where you can find more affordable rental options. Based on the latest data, here are the cheapest boroughs to rent in London, along with their average rental prices and key features.

1. Barking and Dagenham

  • Average Rent: £1,058 for a 2-bedroom flat per month.
  • Features:
    • Extensive regeneration projects like Barking Riverside.
    • Strong community vibe with local festivals.
    • Good transport links via the District Line and C2C Railway.

2. Hounslow

  • Average Rent: £1,100 – £1,300 for a 2-bedroom flat per month.
  • Features:
    • Diverse population and housing options.
    • Close to Heathrow Airport.
    • Convenient transport via the Piccadilly Line.

3. Waltham Forest

  • Average Rent: £1,200 – £1,400 for a 2-bedroom flat per month.
  • Features:
    • Green spaces like Walthamstow Marshes.
    • Thriving cultural scene with new cafes and artistic venues.
    • Well-connected by the London Overground and Victoria Line.

4. Enfield

  • Average Rent: £1,300 for a 2-bedroom apartment per month.
  • Features:
    • Family-friendly with excellent schools and green spaces.
    • Easy access to central London via train.
    • Low crime rates and a strong community spirit.

5. Bexley

  • Average Rent: £1,520 for a 2-bedroom property per month.
  • Features:
    • Quick access to central London (30 minutes by train).
    • Abundant green spaces and historical sites.
    • Family-friendly environment with good schools.

6. Croydon

  • Average Rent: £1,541 for a 2-bedroom property per month.
  • Features:
    • Major regeneration efforts, including new shopping centres.
    • Excellent transport links, including a 20-minute connection to London Victoria.
    • Diverse community with a vibrant arts scene.

7. Havering

  • Average Rent: £1,584 for a 2-bedroom property per month.
  • Features:
    • Low population density and abundant green spaces.
    • Connected by the District Line and Overground services.
    • Ideal for those seeking a suburban retreat close to London.

8. Redbridge

  • Average Rent: £1,721 for a 2-bedroom property per month.
  • Features:
    • Strong community with a rich cultural mix.
    • Expected to grow in popularity due to the upcoming Crossrail connection.
    • Access to beautiful parks and outdoor spaces.

9. Lewisham

  • Average Rent: £2,300 for a 2-bedroom apartment per month.
  • Features:
    • A blend of residential tranquillity and urban vibrancy.
    • Efficient transport links via the Overground and Southeastern rail.
    • Access to parks like Hilly Fields and Ladywell Fields.

10. Newham

  • Average Rent: £2,500 for a 2-bedroom apartment per month.
  • Features:
    • A vibrant cultural scene with diverse housing options.
    • Excellent transport connections through the Jubilee Line and Overground.
    • Ongoing development projects improving public amenities.

Conclusion

Renting in London doesn’t have to break the bank. While each of these boroughs has its pros and cons, they all offer affordable rental options without compromising too much on amenities and connectivity. Depending on your budget and lifestyle, you can find a suitable area that meets your needs.