12 Cheapest Areas To Rent In London—You Should Know About

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cheapest areas to rent in London
By Herry Lawford/ Flickr. Copyright 2022.

Did you know about the cheapest areas to rent in London? Well, London is one of the greatest cities in the world in terms of attractions, history, double-decker buses, fun streets, and much more. 

Earlier known as Londinium, this city was founded by the Romans who ruled till the 5th century AD. Up till the 3rd century, the population of London city was as little as 50,000.

One of the reasons behind the rapid growth of London was due to its port, which became quite important for the exchange of goods. Today, London is one of the busiest yet coolest cities in the world.

Due to its popularity and extremely happening life, it is not easy to rent an affordable place in the city of London. However, research has been done for you to assist you in renting a worthy place in the city. 

Let us now talk about the cheapest areas to rent in London. 

12 Some of The Cheapest Areas to Rent in London

1-Bexley

cheapest areas to rent in London
By Jocelyn Erskine-Kellie/ Flickr. Copyright 2022.

Bexley itself has a population of around 250,000. This area in particular has the greenest spaces in the city.

Located in South-East London, Bexley is undoubtedly amongst the cheapest areas to rent in London. Due to its affordable rent prices, Bexley is progressively a famous and great place to reside.

With the average rent for two-bedroom as low-priced as £1,243 per month, Bexley is rated right on top of the cheapest areas to rent in London. However, the overall range lies between £680-£1256 PCM.

It is one of the most spacious areas in the city where you can freely take a walk along with the garden and get residential vibes.

On top of that, the travel time to central London is no more than 40 minutes from Bexley. You might consider living here if you are in a group.

2- Harrow

Harrow is a North-West London borough that is suitable for most families. People fall in love with the kind of familial vibes this place offers.

Here, you can rent a two-bedroom flat for €750/month only. Enough transportation facilities are running between central London and Harrow.

Not to forget Harrow was rated one of the safest places to live in London not long ago. It is quite popular among people due to its safety.

Other than these, Harrow is famous for its Harrow School For Boys and fancy shopping centres. As of 2018, the population of Harrow was 2,50,000.

Harrow is one of the cheapest areas to rent in London as of 2022.

3- Waltham Forest

cheapest areas to rent in London
By Simon/ Flickr. Copyright 2022.

Located in North East London, Waltham Forest is a historical place in the city. It is yet another area where there are ample green spaces. This city is full of greenery!

This London Borough is put together of Walthamstow, Leyton, and Chingford. This place is an attraction for many due to its affordable rent prices, convenient transport, and homely vibes.

There are several stores and restaurants within the area so you need not worry about traveling to the ends of the city for essentials.

The average rent for a two-bedroom property would cost you around €995/month. There would only be a considerable increase if you are going for a three-bedroom flat.

To get to central London, it would take up to 30 minutes from Walthamstow central.

4- Newham

Newham is yet another historical borough in the city that offers cheap rent. This place was established by West Ham and East Ham, thus giving it a name, Newham.

Sadly, over the years, the crime rate in this place has gone up in a shambolic manner. Although, efforts are being made to ameliorate the situation.

Newham is a diverse place where living is fun for those who want to explore different cultural practices.

Newham is a great place if you are looking for some crucial saves. You can get a two-bedroom flat for just €700/month. Isn’t that exciting?

This place in East London is some 8 miles away from Central London. Take note of that.

5- Lewisham

Lewisham is located in the South of the city and is amongst the cheapest areas to rent in London. If you think Bexley is a bit far away for your convenience, you might consider Lewisham as a potential option.

Transportation is comparatively convenient and quite feasible from this place. Central London is not further than 20-25 minutes from Lewisham.

This cosmopolitan area belongs to the historic county and has multiple communities residing within it.

The rent to stay in Lewisham for a two-bedroom flat is around £1,500. Although it is costlier than it used to be but the experience of living in this place is just elite!

There are also spaces for cyclists to exercise their skills and enjoy the beauty of nature.

6- Croydon

Croydon is in South London as well! This place is mostly known for its attractions and lively nightlife.

Along with markets and breweries, the great transport links and economical rents are some of the plus points of Croydon.

Would you believe it if I said Croydon is the cheapest place to rent near the London Bridge? Well, this area is roughly 20 minutes away from the iconic bridge in the heart of the city.

The rental price for a two-bedroom flat is €775 per month only, which is quite amazingly reasonable and satisfactory.

You will find several restaurants and bars in period buildings located in the area. Apart from these, there are top educational institutions in Croydon.

If you are looking for the cheapest areas to rent in London with family and kids, Croydon is the right choice for you.

7- Enfield Town

cheapest areas to rent in London
By Tupinambah/ Flickr. Copyright 2022.

Enfield is in North London and is yet another fascinating place with ample green spaces and affordable pricing for houses.

Enfield Town is 35 minutes away from Liverpool approximately. And if you want to commute to Hackney Central, it is only 15-20 minutes away.

Here, the cost of a two-bedroom flat would be starting from €900/month, which is quite a good deal if you ask me.

Enfield is recognized as one of the 35 huge centres in greater London. Over the years, it has become a family-friendly area due to the hard work being done in the right direction by the right people.

Moreover, the schools located in Enfield are rated fairly high. With family and kids, Enfield should be on your list of cheapest areas to rent in London.

8- Barking and Dagenham

Barking and Dagenham is another one on the list of—cheapest areas to rent in London. It is in East London and the transportation is as easy as it gets.

This area is said to be comparatively reasonable in terms of rent to other parts of the city. Also, this borough is growing faster than ever which excites people to live there.

You can easily get a two-bedroom property at €950/month only at Barking and Dagenham.

Like other boroughs, Barking and Dagenham also have good quality schools and educational places. Other than these, there are good cafes and libraries to spend time at.

To get to central London, you will need to travel some 13 miles.

9- Havering

Havering is a bit away from the centre but the pricing of rents is quite reasonable here. In terms of safety, Havering was rated amongst the top ten safest boroughs in London. So, your family is quite safe here.

Havering is a historical place in East London and has an area of 40 square miles. This place is full of life due to the events, concerts and other entertainment shows.

Here, you can get a two-bedroom flat for an affordable price of €995/month. This is the starting price. It may go up according to the area and requirements.

Even though this place is lively, you will find enough peace here. There are good green spaces and independent shops at fair distances.

Being the farthest borough, Havering is around 40 minutes away from central London.

10- Bromley

Bromley is in South-East London and is one of the sheltered places in the city. Also, it is undoubtedly one of the cheapest areas to rent in London.

It is quite convenient to use the train to reach here. The two zones that come under Bromley are Bromley South (Zone 5) and Bromley North (Zone 4). Zone 5 passes through London Victoria.

Crystal Palace is one of the most popular stations nearby. There are others that you can explore and use at your convenience.

Since the area is well guarded, the crime rate is near zero. The area is very friendly for families with kids, newlywed couples, and even young professionals seeking to administer themselves in the market.

The average rent in this area is £1250 PCM. As mentioned, this area is just 15 minutes away from London Victoria.

Moreover, there are plenty of familial attractions in the surroundings. You can hang out with your family and loved ones to explore the beauty of this place being all safe and protected by the county police.

In recent years, Bromley has prominently become everyone’s favorite destination. This prosperous place has provided residents with every requirement and more.

11- Greenwich

cheapest areas to rent in London
By Doug Kerr/ Flickr. Copyright 2022.

Greenwich is one of the finest areas in the whole of London and living here brings nothing but joy!

It is located by the South Bank of the River Thames, which makes the place all the more gorgeous. Also, the place has a rich history which motivates the people to shift here.

The average rental price asked here is almost the same as Bromley. £1250 PCM is a bargain if you get to reside in a beautiful locality.

The Royal Observatory (The place where the idea of global time was processed) and The National Maritime Museum are two of the greatest attractions in Greenwich—you should not miss out on these.

Modern London is known for green spaces, isn’t it? And this place exactly provides you the same with a pure vibe.

The University of Greenwich is quite famous among students, which is also why Greenwich has an increasing number of people shifting from other parts of the city.

The distance between Greenwich and Central London can be covered in half an hour.

12- Sutton

Sutton sits in South West London. It is a place which attracts all kinds of people, especially ones with families.

Alike other areas, Sutton also has ample green spaces for you. This is a place where you can get homely vibes due to the tranquil and friendly atmosphere.

Sutton is safe, amazing, affordable, and very much wholesome. The cheapest price you can get here for a two-bedroom flat is €995/month. Considering the beauty of this area, the rent is a bargain.

Although Sutton is 40-45 minutes away from central London, it is totally worth the hype. Here, there are good quality schools and open spaces for children to play their hearts out.

You would not regret getting a flat on rent in this area. Sutton has been rated amongst the top 5 safest boroughs in London.

What does an individual want in today’s times? A stable life with a regular income, and peace within and in the surroundings. Well, Sutton delivers everything.

Final Note

These are some of the cheapest areas to rent in London, England. Although the expenditure in our lives is ever increasing, it is always a good idea to try and make some savings.

Now that you know all about the cheapest areas to rent in London, do you also wish to know about 8 Rough Areas of London?

In addition to the ones mentioned, there are several other places in and around London where you can rent a place at an affordable price.

It is quite understandable to rent a place nearby your workplace or institution as daily traveling can get hectic.

If you have a family, make sure to rent flats near good schools for your kids. It is not that difficult to get a two-bedroom flat with more space than usual.

You can save a lot of money with reasonable rent in affordable areas. Choose the right one for yourself. Trust me, London will not disappoint.

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