Applicant Budgets
Foxtons - Lettings Market
In 2024, applicant budgets across London regions increased by 2%
compared to the previous year.
In general, applicant budgets in London have largely maintained
consistency compared to last year. However, an exception is West
London, where renter budgets have increased by 6%.
Average Renter Budget Over Time - Foxtons Network
£400
£420
£440
£460
£480
£500
£520
£540
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 £581 £569 2%
East £517 £518 -0%
North £532 £530 0%
South £487 £485 0%
Surrey £448 £417 8%
West £485 £458 6%
Total £517 £505 2%
1 2
Studio
£481
1%
1 bed
£453
4%
2 bed
£560
6%
3 3 bed
£638
2%
2%
0%
Year to Date
YoY
Year-on-year
Month-on-month
2024 vs 2023
January vs December
5