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 budgets to secure a
property in March, which was 3% higher year-on-year, with no
change compared to February.
Renters looking to rent in Central London had to spend overbudget
at 101%, whilst 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%
97%
98%
96%
96%
96%
97%
96%
3%
2%
3%
3%
6%
2%
100%
99%
100%
99%
107%
99%
104%
95%
96%
100%
103%
97%
-4%
4%
4%
-1%
4%
2%
Total 99% 96% 3% 100% 99% 0%
60%
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
March vs February
Category - YTD 2023
8