Central London
Average Rent in The City
The median asking rent for a 1-bedroom flat in The City is £2,750 pcm, from 408 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,500 and £3,250 pcm, 38% above the London median of £2,000.
Asking rents in The City by size
| Size | Median asking rent | Middle half of listings | Listings |
|---|---|---|---|
| Studio | £2,300 pcm | £2,000 to £2,752 | 79 |
| 1-bed | £2,750 pcm | £2,500 to £3,250 | 408 |
| 2-bed | £4,000 pcm | £3,358 to £5,500 | 241 |
| 3-bed | £5,500 pcm | £3,900 to £7,800 | 13 |
| 4-bed | Fewer than 10 listings | ||
Rents are per calendar month. Updated 17 October 2026.
What this area covers
The City on this page combines the ONS electoral wards Aldersgate, Aldgate, Bassishaw, Billingsgate, Bishopsgate, Bread Street, Bridge (City of London), Broad Street, Candlewick, Castle Baynard, Cheap, Coleman Street, Cordwainer, Cornhill, Cripplegate, Dowgate, Farringdon Within, Farringdon Without, Langbourn, Lime Street, Portsoken, Queenhithe, Tower, Vintry, Walbrook. It includes City of London, Square Mile, Bank, Liverpool Street, Barbican, Monument.
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
- 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
- Borough & Bankside · 1-bed £2,488
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Set up London alertsQuestions about renting in The City
How much does a 1-bedroom flat cost to rent in The City?
The median asking rent for a 1-bedroom flat in The City is £2,750 pcm, from 408 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,500 and £3,250 pcm. That is 38% above the London median of £2,000.
How much does a 2-bedroom flat cost to rent in The City?
The median asking rent for a 2-bedroom flat in The City is £4,000 pcm, from 241 listings first seen in the 90 days to 17 October 2026. Half of them asked between £3,358 and £5,500 pcm. That is 51% above the London median of £2,650.
How much does a studio flat cost to rent in The City?
The median asking rent for a studio flat in The City is £2,300 pcm, from 79 listings first seen in the 90 days to 17 October 2026. Half of them asked between £2,000 and £2,752 pcm. That is 46% above the London median of £1,580.
How much does a 3-bedroom flat cost to rent in The City?
The median asking rent for a 3-bedroom flat in The City is £5,500 pcm, from 13 listings first seen in the 90 days to 17 October 2026. Half of them asked between £3,900 and £7,800 pcm. That is 66% above the London median of £3,321.
Which areas does The City cover on this page?
It combines these ONS electoral wards: Aldersgate, Aldgate, Bassishaw, Billingsgate, Bishopsgate, Bread Street, Bridge (City of London), Broad Street, Candlewick, Castle Baynard, Cheap, Coleman Street, Cordwainer, Cornhill, Cripplegate, Dowgate, Farringdon Within, Farringdon Without, Langbourn, Lime Street, Portsoken, Queenhithe, Tower, Vintry, Walbrook. It includes places such as City of London, Square Mile, Bank, Liverpool Street, Barbican, Monument.
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.