Central London
Average Rent in Borough & Bankside
The median asking rent for a 1-bedroom flat in Borough & Bankside is £2,488 pcm, from 614 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,200 and £3,286 pcm, 24% above the London median of £2,000.
Asking rents in Borough & Bankside by size
| Size | Median asking rent | Middle half of listings | Listings |
|---|---|---|---|
| Studio | £1,800 pcm | £1,650 to £2,150 | 49 |
| 1-bed | £2,488 pcm | £2,200 to £3,286 | 614 |
| 2-bed | £3,300 pcm | £2,800 to £4,812 | 1,080 |
| 3-bed | £6,250 pcm | £3,800 to £8,000 | 281 |
| 4-bed | £4,180 pcm | £3,825 to £4,480 | 50 |
Rents are per calendar month. Updated 17 October 2026.
What this area covers
Borough & Bankside on this page combines the ONS electoral wards Borough & Bankside, London Bridge & West Bermondsey, Chaucer. It includes Borough, Bankside, London Bridge, Bermondsey Street.
Other Central London neighbourhoods
- Soho & Covent Garden · 1-bed £3,467
- Marylebone & Fitzrovia · 1-bed £3,077
- Mayfair & St James's · 1-bed £3,597
- Bloomsbury & King's Cross · 1-bed £2,800
- The City · 1-bed £2,750
- Clerkenwell & Farringdon · 1-bed £2,701
- Pimlico & Victoria · 1-bed £2,600
- Belgravia & Knightsbridge · 1-bed £3,575
- Waterloo & South Bank · 1-bed £2,750
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Set up London alertsQuestions about renting in Borough & Bankside
How much does a 1-bedroom flat cost to rent in Borough & Bankside?
The median asking rent for a 1-bedroom flat in Borough & Bankside is £2,488 pcm, from 614 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,200 and £3,286 pcm. That is 24% above the London median of £2,000.
How much does a 2-bedroom flat cost to rent in Borough & Bankside?
The median asking rent for a 2-bedroom flat in Borough & Bankside is £3,300 pcm, from 1,080 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,800 and £4,812 pcm. That is 25% above the London median of £2,650.
How much does a studio flat cost to rent in Borough & Bankside?
The median asking rent for a studio flat in Borough & Bankside is £1,800 pcm, from 49 listings first seen in the 90 days to 17 October 2026. Half of them asked between £1,650 and £2,150 pcm. That is 14% above the London median of £1,580.
How much does a 3-bedroom flat cost to rent in Borough & Bankside?
The median asking rent for a 3-bedroom flat in Borough & Bankside is £6,250 pcm, from 281 listings first seen in the 90 days to 17 October 2026. Half of them asked between £3,800 and £8,000 pcm. That is 88% above the London median of £3,321.
Which areas does Borough & Bankside cover on this page?
It combines these ONS electoral wards: Borough & Bankside, London Bridge & West Bermondsey, Chaucer. It includes places such as Borough, Bankside, London Bridge, Bermondsey Street.
Where do these numbers come from?
Asking rents, not agreed rents. Every whole-home London listing that RentReboot first saw in the 90 days to 17 October 2026, one listing per address (the newest wins, so a flat advertised on several sites counts once). Rooms in flatshares are excluded. A bedroom group with fewer than 10 listings is not shown. London listings often give a street but no flat number, so one address can stand for more than one flat on the same street.
How these numbers are made
Asking rents, not agreed rents. Every whole-home London listing that RentReboot first saw in the 90 days to 17 October 2026, one listing per address (the newest wins, so a flat advertised on several sites counts once). Rooms in flatshares are excluded. A bedroom group with fewer than 10 listings is not shown. London listings often give a street but no flat number, so one address can stand for more than one flat on the same street.
Looking at rooms too? See how much a room in London costs compared with a studio, by neighbourhood. On a fixed budget, see where in London you can rent a flat for £1,500. To compare by travel zone, see how much London rent drops with each Tube zone. Choosing between furnished and unfurnished? See how much more a furnished flat costs in London. For floor area, see how big the average London flat is and its rent per square foot.
Rules on deposits, fees and rent increases for England are on GOV.UK: Your rights as a tenant. Our guides explain what changed on 1 May 2026, deposits and fees and renting a room in a flatshare.