Skip to main content

Average Rent in Greenwich 2026

The average monthly private rent in Greenwich is £1,995 as of August 2026, +6.1% on a year earlier. That is £337 a month below the London average of £2,332.

Greenwich is the 17th cheapest of London’s 32 boroughs with published data. Updated 2026-09-18.

What that costs relative to local pay

A home of any size in Greenwich against what people living in Greenwich actually earn.

Monthly rent
£1,995
Median gross pay (2024)
£3,692
full-time, per month, before tax
Rent as a share of pay
54%
9.1 points below the London average
Severely stretched — a single full-time median earner would spend 54% of gross pay on rent alone.

How to read this. Earnings are gross — before tax and National Insurance — so the share of take-home pay is materially higher. The earnings figure is for 2024, the latest year GLA London Datastore publishes, while the rent figure is current; pay has risen since, so the true present-day ratio is somewhat lower than shown. Both are medians for people living in the area, not for jobs located there.

Greenwich rent by bedroom count

Greenwich rent by property type

Average monthly rent by property type in Greenwich, August 2026
Property typeAverage monthly rent
Flat or maisonette£1,831
Terraced house£2,250
Semi-detached house£2,465
Detached house£3,074

How Greenwich rent has changed

£1,000£1,500£2,000£2,5002015201720192021202320252026£1,995
Average monthly private rent in Greenwich, 20152026 (dashed line: London average). Source: ONS Price Index of Private Rents.
View the year-by-year figures as a table
Average monthly rent in Greenwich by year
YearAverage monthly rent
2015£1,306
2016£1,366
2017£1,395
2018£1,400
2019£1,447
2020£1,449
2021£1,458
2022£1,509
2023£1,727
2024£1,855
2025£1,927
2026£1,995

Boroughs priced near Greenwich

Common questions

What is the average rent in Greenwich?

The average monthly private rent in Greenwich is £1,995 as of August 2026, according to the ONS Price Index of Private Rents. That is +6.1% compared with a year earlier.

Is Greenwich cheaper than the London average?

Yes. Greenwich is £337 a month cheaper than the London average of £2,332, making it the 17th cheapest of London's 32 boroughs (August 2026).

Is rent in Greenwich affordable on a local salary?

Average rent in Greenwich is £1,995 a month against median gross full-time pay of £3,692 for people living there, so rent takes 54% of gross earnings. The commonly used guideline is 30%. Earnings are before tax and are for 2024.

How much is a one-bedroom flat in Greenwich?

A one-bedroom property in Greenwich rents for an average of £1,563 per month, and a two-bedroom for £1,932 (August 2026, ONS).

How much has rent risen in Greenwich?

Average rent in Greenwich has gone from £1,440 to £1,995 since 2021 — up £555 a month, or 38.5%.

Rentals available in Greenwich

See what is actually available in Greenwich right now, listed directly by landlords with no agency fees.

Earnings data: GLA London Datastore — Earnings by Place of Residence, Borough (ONS Annual Survey of Hours and Earnings). Median gross full-time weekly pay, by place of residence, 2024. Contains public sector information licensed under the Open Government Licence v3.0.