Power BI Desktop
Renter Spend
Average % of Rental Budget Spent
Foxtons - Lettings Market
Average % Renter Budget Spent on Rent Over Time - Foxtons Network
90%
95%
100%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2020 2021 2022 2023
This metric remained static for the third consecutive month.
Renters continued to spend 100% of their budgets to secure a
property in April, which was 3% higher year-to-date compared to
last year.
Prices in Central London continued to stretch renters to spend
over-budget at 101%, whilst the other areas of London remained
within renter budgets.
Average % Renter Budget Spent on Rent by Area
Areas
YTD Last YTD YoY Last Month 2 Months Ago MoM
Central
East
North
South
Surrey
West
101%
98%
99%
99%
103%
98%
99%
96%
96%
96%
96%
97%
2%
2%
4%
3%
8%
1%
101%
99%
101%
98%
103%
99%
100%
100%
100%
99%
108%
99%
1%
-1%
1%
-1%
-5%
0%
Total 99% 97% 3% 100% 100% 0%
59%
33%
7%
Under Budget Over Budget On Budget
% of Renter Budget Spent by
100% means renters are spending exactly their budget. Anything over 100% means renters
are spending over budget. Under 100% means renters are spending under budget.
3%
0%
Year-on-year
Month-on-month
2023 vs 2022
April vs March
Category - YTD 2023
8