Applicant Budgets
Foxtons - Lettings Market
Applicant budgets in 2024 were 2% higher than in 2023, marking it
as the year with the highest average budgets in recent history.
South London experienced the most significant growth, with average
budgets increasing from £493 to £507, a 3% rise.
Average Renter Budget Over Time - Foxtons Network
£400
£450
£500
£550
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021 2022 2023 2024
Renter Budgets by Area
Areas
YTD Last YTD YoY
Central £598 £599 -0%
East £544 £543 0%
North £542 £541 0%
South £507 £493 3%
Surrey £466 £442 5%
West £491 £485 1%
Total £540 £530 2%
1 2
Studio
£499
-0%
1 bed
£473
5%
2 bed
£570
4%
3 3 bed
£673
3%
2%
-1%
Year to Date
YoY
Year-on-year
Month-on-month
2024 vs 2023
December vs November
5