London, referred to as the Swinging City, lies in southeastern England. You will find one-of-a-kind humans international, numerous delicious dishes, and more. This town gives multiple flavours and stories to revel in the lifestyle’s ultimate leisure.
Central London is well-known for its iconic landmarks like the London Bridge, the Tower of London, and the British Museum. This town gets many vacationers, making it one of the world’s main destinations. The architectural beauty of the metropolis and its monuments make it a super vacationer vacation spot.
London is described as one of the most steeply-priced towns in the world, resulting in a pricey lifestyle. Finding cheap places to live in London takes a lot of work. But no need to fear anymore! Here are some of the most inexpensive and high-quality locations to stay in London.
1. Bexley—South East London

Bexley, located in the southeast part of London, is one of the cheapest places to live in London. Living alone in London costs a lot, whereas sharing a house can significantly lower your housing expenditure.
The Median house price in Bexley in January 2023 was £401,801; in February 2023, it was £399,578.
Transport is also convenient in Bexley as it hardly takes 35 to 40 minutes to reach Bexley Station from the London Charing Cross Station.
1.1. Tourist Attractions in Bexley

Apart from the affordable houses, it also boasts beautiful scenery and friendly people. You will also get to various excellent tourist spots to enjoy with friends and families in this area.
Some places to visit in Bexley are the Bexley Brewery, Jambs Owls, Hall Palace and Gardens, Next Door Bexley, Saddles Riding Centre, Danson House And Park, Red House, and The Exchange Erith.
2. Croydon—South London

Croydon is another great town located in the southern part of London. The official designation of Croydon is the London Borough of Croydon, which is among one of the cheapest London boroughs to live in. This place has many shops, and the town is one of the largest commercial districts in South-outer London.
Average house prices in Croydon have risen to £434,426 by 2023.
From London Charing Cross Station, it hardly takes 24 minutes to reach Croydon via train. All types of travel options are accessible from Croydon – buses, trains, taxis, care, or rideshare.
Croydon’s social lifestyle is also very healthy. People in this place stay more active and energetic, eat nutritious foods, and are friendly to help you.
2.1. Tourist Attractions in Croydon

Apart from providing a healthy lifestyle and an affordable place to stay, Croydon has some famous tourist spots. Some of them are the Museum Of Croydon, Wandle Park, Shirley Windmill, Croham Hurst Woods, Whitgift Shopping Centre, Croydon Minster, and many more exciting places to visit.
So, if you plan to visit Croydon, try these places with your friends and family.
3. Hillingdon—West London

Hillingdon is the second most prominent place in the London borough in the western part of London. It is approximately 14 miles away from the central London site.
Located in the west of the outer London borough, it is another cheap place to stay in London. The monthly rent for a single person can be divided if living with roommates, saying a lot of money. Hillingdon’s current average house price is £455,107, and the rent depends upon the house’s condition and locality.
It hardly takes 50-60 minutes from London Charing Cross Station to reach Hillingdon by subway. You also get other transportation facilities such as cars, taxis, or buses here.
3.1. Tourist Attractions in Hillingdon

People here are nice to meet, encouraging you to enjoy various fun. Apart from providing a pocket-friendly area to stay in. Hillingdon has many famous tourist attractions, too.
A few are Ruislip Lido, Manor Farm and Museum, Colne Valley Regional Valley, and Battle of Britain Bunker. This place is also a great place to stay in London.
4. Havering—North East London

Havering, situated in the north-eastern zone of London Borough, is another affordable place to live in London. This area has developed rapidly after the establishment of electric-suburban railways and several municipal housing communities.
As the people of these areas are not highly established, it is one of the cheapest places to stay in London. Compared to other places, getting affordable rooms in Havering is relatively easy.
A four-bedroom room in Havering costs approximately £1700 in Outer North East London and £1332.51 in South West Essex per month. Living in a shared house will further save your expenses. This place has many shops, restaurants, schools, and public transport facilities.
Overall, this is a great place to choose within a pocket-friendly budget. Havering’s average house price starts from £428316, depending upon the house’s condition and locality.
Travelling from London Kings Cross Station to Havering is approximately 1hour journey. Various modes of transport are available, such as—taxi, train, car, bus, and subway.
People living in this place are incredibly talented. Several ethnic styles of residents are also found in this area. Moreover, this place is also regarded as one of the safest places to live, with minimum crime rates.
4.1. Tourist Attractions in Havering

There are also many tourist attraction spots nearby Havering to have a great time, like the Queen’s Theater, Langton House and Gardens, Upminster Windmill, the Brewery Shopping Center, and Rainham Hall.
5. Sutton—South London
Sutton is one of the principal towns in southern London and is officially designated as the London Borough of Sutton. This place is neatly decorated with greeneries and is famous in the race for environmental activities.
Sutton is also famous for its smaller districts resembling little villages, with a soothing atmosphere and beautiful green spaces.
Sutton’s average house price is £435,846, and the asking rent for a 4-bedroom house is approximately £2,597, around £649.25 per person if shared by four people.
However, the prices also depend on the house’s condition and location. If you keep sharing, the cost will be divided, making saving money easier.
Travelling from London to Sutton takes hardly 40-60 minutes, depending on the mode of transport connections. Various travelling options, such as train, taxi, car, or night bus, are available.
Sutton is one of the most beautiful environmental places in London. People here live in village-style lives and are very friendly and helpful.
5.1. Tourist Attractions in Sutton
Apart from providing beautiful and affordable living spaces, it has many tourist attractions, such as Nonsuch Park, Secombe Theater, Honeywood Museum, Manor Park, and Sutton High Street.
So, if you plan to live in a low-budget, beautiful area in London, you must not miss the chance to look into this place. Overall, this is a great place to enjoy a pleasant life in London, in the lap of nature.
6. Enfield—North Central London

Enfield is a London borough in Greater London, located in the northern part of the city. It is a borough that includes multiple towns.
This place is famous for the longest river, New River Loop, which flows through Enfield Town and covers nearly 43 kilometres. This area has many schools, and various restaurants and shops are easily accessible.
Compared with other parts of Central London, this place has a very minimum price for renting rooms. Enfield’s average house price is approximately £454,410. If you plan on sharing space with others, it will cost you much less. That sounds quite good!
Enfield is a place of a diverse community. People from around the world choose this place to live in London.
Travelling from London to Enfield takes 20 to 25 minutes to reach. Various travelling facilities are available, like buses, cars, taxis, trains, and rideshare. Any of these will easily take you to your destination.
6.1. Tourist Attractions in Enfield
Some of the best tourist attractions in Enfield are—Capel Manor Gardens, Trent Park, Whitewebs Museum Of Transport, Myddleton House Gardens, Forty Halls and Enfield Market.
This place is also a good choice in the list of cheapest areas to live in London. Here, you can enjoy London life without sacrificing your wallet.
7. Barking and Dagenham—East London

Barking and Dagenham is another of the cheapest places to stay in London. It is located in the East London outer borough, from central London.
The area of this place stretches through the bank of the River Thames. Compared to other places, this place has the lowest housing rates.
Barking and Dagenham’s average house is about £399,384, and the average monthly rent prices are approximately £1655 for four-bedroom rooms, depending upon the house’s condition and locality. Living with housemates will further save you money.
Travelling from Central London to Barking and Dagenham takes around 30 minutes by tube. Several modes of transport are available throughout the day, such as train, bus, car, taxi, and subway.
7.1. Tourist Attractions in Barking and Dagenham

This place also serves many famous tourist spots, such as the Valence House Museum, Barking Park, National Trust, Eastbury Manor House, The Broadway, Patrick’s Barking, Mayesbrook Park, Eastbrookend Country Park, and Dagenham.
8. Greenwich—South London

Greenwich is a district of the outer-borough area of London, located in the southern part of the River Thames. Greenwich is famous for its maritime history, now noted for the royal palace, The Palace of Placentia, since the 15th century.
Most importantly, you should note that Greenwich is not a cheap place to stay in London but provides various types of accommodation; hence, you can consider this place in the list of London’s most affordable places.
Greenwich’s average house price ranges from approximately £445801. The rental prices can differ depending on the house’s condition and locality, but staying in a group will minimize your cost of living.
Travelling from London to Greenwich is not very far. It only takes 8 minutes to get to London Bridge by train. Several transport facilities, like trains, taxis, and buses, are always available.
The lives of people in Greenwich are very entertaining. This place is also known as “University Town,” which resembles a different look of the town. Greenwich attracts young professionals and students in its green spaces. The place also has many restaurants, pubs, bars, parks, and other things to enjoy.
8.1. Tourist Attractions in Greenwich

Some of the main tourist attractions of Greenwich are—the National Maritime Museum, Royal Observatory Greenwich, Greenwich Park, Cutty Sark, Queen’s House, Greenwich Market, Old Royal Naval College, Uber Boat By Thames Clippers, The O2, English Heritage: Eltham Palace and Gardens.
In The End
These places should be on your search list if you want to stay or study in London. With its budget-friendly accommodations and friendly and diverse communities, these places in London will let you enjoy London life without sacrificing your wallet.
Last Updated on March 28, 2024 by Rajeshwari_Das