Rent for a one bedroom dwelling as a percentage of gross pay by London borough (October 2021 to September 2022)
In every London borough the average rent for a one-bedroom house or flat on the private market is at least one third of median pre-tax pay in London. The average cost for a one-bedroom dwelling is the equivalent of almost half (44%) the gross-median pay in London.
The least affordable boroughs are Westminster, and Kensington and Chelsea in the centre of London, where it costs 73% and 69% respectively of the median London pay to rent a one-bedroom house or flat on average. Outer London boroughs including Havering, Croydon and Bexley have the lowest average rents, at 34% of earnings. In England as a whole, the average one-bedroom property is just over a quarter (25%) of average earnings.