Applicant Budgets
Foxtons - Lettings Market
Applicant budgets remained 2% higher year-on-year in
September, higher than any other year at an average of £543.
South London had the highest increase in applicant budgets,
rising 7% year to date, to sit at £492.
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 £600 £602 -0%
East £544 £546 -0%
North £547 £543 1%
South £508 £492 3%
Surrey £472 £441 7%
West £495 £487 2%
Total £543 £532 2%
1 2
Studio
£505
-0%
1 bed
£474
5%
2 bed
£572
4%
3 3 bed
£675
3%
2%
-3%
Year to Date
YoY
Year-on-year
Month-on-month
2024 vs 2023
September vs August
5