Applicant Budgets
Foxtons - Lettings Market
2024 has had higher applicant budgets than any other year on
record, and they remained high throughout November. Comparing
year on year, November 2024 was 2% higher than in November
2023.
Across 2024 there was a 2% increase in applicant budgets compared
to 2023 year to date. The average budget reached £525 by the end
of November.
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 £599 £600 -0%
East £544 £543 0%
North £543 £543 0%
South £507 £493 3%
Surrey £467 £442 6%
West £493 £485 2%
Total £541 £531 2%
1 2
Studio
£501
-0%
1 bed
£474
5%
2 bed
£571
4%
3 3 bed
£674
3%
2%
0%
Year to Date
YoY
Year-on-year
Month-on-month
2024 vs 2023
November vs October
5