Cheapest places to rent in London away from the main street

If you want to save money in London, you should take a look at these places!

London, like many capitals, is an expensive city to rent. Depending on the place and type of property you want to rent, you will end up paying a lot of money. However, there are exceptions, and these places are an excellent option to save money if you want to rent in London.

As long as you don’t mind living far from the main street.

Cheapest places to rent in London

Bexley (£1,169), Croydon £1,140), Sutton (£1,151), Havering (£1,169), and Hillingdon (£1,200) are the cheapest places to rent a property in London, while all have a low proportion of people who They rent on the main street.

Spotahome’s research looked at each London borough based on the population of Main Street as a percentage of the total population.

For example, the City of London has 82% of the population living on or near the main street and an average rental cost of £2,274.

In the nine boroughs where more than 50% of the population is on or near Main Street, people pay rent above the London average of £1,644.

“The trend is changing, and people prefer the cheapest places.”

Nadia Butt, Spotahome UK, and Ireland Country Manager said: “While it is understandable that people pay more to be close to amenities like tube stations, bars, and restaurants, this trend may be changing.”

“After spending months indoors, many tenants are prioritizing green space over busy Main Street, especially as they seek to avoid being exposed to the virus in the event of a possible second wave.”

“So we may see a rebalancing of the rental cost, as demand shifts from Main Street to parks and greenery, and these currently more affordable districts drive up the cost as a result.”

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