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
On average, renters spent 100% of their budget in February to
secure a tenancy, which was 3% higher year-on-year and 1% higher
compared to January. Renters looking to live in Central London
spent over-budget at 103%, whilst renters were able to spend
under budget in other areas of London.
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
103%
97%
98%
99%
101%
97%
98%
96%
96%
95%
98%
97%
5%
2%
2%
3%
3%
0%
105%
96%
96%
100%
103%
97%
100%
99%
100%
98%
100%
97%
5%
-3%
-4%
2%
3%
0%
Total 99% 96% 3% 100% 99% 1%
61%
31%
8%
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%
1%
Year-on-year
Month-on-month
2023 vs 2022
February vs January
Category - YTD 2023
8