Casa Capital — Mortgages Made Simple
    Homebuyer Index /

    The Rent Trap

    How much of your pay disappears into rent?

    Pick a London borough and we'll show you what renting there really costs.

    …or tap a borough on the map.

    Typical monthly rent

    August 2026
    CityBarnetBexleyBromleyCroydonEnfieldHackneyHaveringHillingdonKensingtonLambethNewhamRichmondSouthwarkTower HamletsWestminster
    ← Lower rentHigher rent →

    Renting in London

    One monthly payment.
    A whole year's pay.

    The middle of London's borough averages is

    £1,974 / month

    £23,682 a year

    Choose a borough to see its rent, its local pay and what buying there could look like.

    How did we work this out?

    Private rent: ONS Price Index of Private Rents, monthly price statistics. This is average rent across new and existing private tenancies, not just newly advertised homes. These are official statistics in development; local estimates can be revised.

    The map shows each borough's newest stored observation. The London middle is the median of available borough average rents, not a weighted official London rent.

    Pay: the latest available ONS median annual full-time residence-based gross earnings for the selected borough. Annual average rent ÷ local gross pay × 100 is an illustrative comparison of a household's rent with one person's pay. It is not renters' actual spending share; household size, part-time work and earnings vary. The rent and pay periods differ. A verified new-tenancy affordability release has not been used or recreated at borough level.

    Buying: UK HPI first-time-buyer average prices, not the annual median mortgage property-value measure used by Deposit Gap. HPI buyer-type figures are provisional and revisable. The rented and purchased homes are not necessarily equivalent.

    Mortgage: direct Bank of England quoted two-year fixed owner-occupied series, mapped to each deposit band, with no interpolated rates. Repayment = loan × monthly rate ÷ (1 − (1 + monthly rate)^(−360)). Zero-rate observations use loan ÷ 360. Rates may change after the fixed period.

    Rent observation
    August 2026
    First-time-buyer house price
    Not yet available
    Mortgage rate
    September 2026
    Local gross pay
    Choose a borough

    Each import retains its original file, checksum, release date and source period. Figures are for illustration, not personalised financial advice.

    The map shows London. Your mortgage is personal.

    National statistics can show what buyers typically do. They can't tell you what your own circumstances could unlock.

    Find out what your options look like Speak to Nikki