Applicant Budgets
Foxtons - Lettings Market
Applicant budgets increased by 3% this January compared both to
last January and to December 2024.
Budgets for studio has fell by 17% from last January. While in South
London, budgets increased 5% year on year, the highest of any
London area.
Average Renter Budget Over Time - Foxtons Network
£400
£450
£500
£550
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 2023 2024 2025
Renter Budgets by Area
Areas
YTD Last YTD YoY
Central £580 £585 -1%
East £531 £516 3%
North £551 £534 3%
South £514 £492 5%
Surrey £457 £455 0%
West £489 £489 0%
Total £535 £521 3%
1 2
Studio
£401
-17%
1 bed
£469
3%
2 bed
£563
1%
3 3 bed
£662
3%
3%
3%
Year to Date
YoY
Year-on-year
Month-on-month
2025 vs 2024
January vs December
5