The London Rent Map – Which Area Is In Your Budget ?

Knowing the average rental price in London is an important matter especially if you want to live in a nice and safety area close to the city centre.

If you don’t know the average rates, the searching process can be very long and complicated. That’s why the map of London which indicates prices per area is a very useful thing for the beginners!

Unfortunately, rents in London have increased by 3.1 per cent compared to last year. What’s more, rent depends on lots of factors, including the most important – location, number of bedrooms and condition.

Single rooms are often one of the most popular choice among young professionals moving to the capital or deciding to strike out on their own. Sharing accommodation is a great choice for this group of people as the option is much cheaper than renting the entire property.

As you may probably expect, the highest average rents in London for rooms can be found much closer to the centre. Kensington and Chelsea, Westminster and City of London all place highly for these accommodations.

But don’t worry, London is huge so everyone can find something suitable for the budget. As far as we are concerned, popular areas such as Angel, Shoreditch, Islington and King’s Cross are much more affordable for younger group of people.

Additionally, if you’re a person who doesn’t like spend time on commuting, a great option is to check Totally Money’s latest alternative tube map which shows the link between journey time and average rent prices around every London Underground stations. It’s worth to take a look!

It is also reasonable to know the rental cost of each London borough as a percentage of the average monthly salary. If you’re interested just take a quick look at the link below:

http://ow.ly/yFcw50wXyhk

To sum up, we know how tough is to find a perfect place for a fair amount of money. There are literally thousands of different approaches when searching for accommodation. Alternatively, if you have no idea where to start you can simply contact us! We’re always happy to help!