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Average Rent in Lambeth 2026

The average monthly private rent in Lambeth is £2,525 as of August 2026, +3.7% on a year earlier. That is £193 a month above the London average of £2,332.

Lambeth is the 25th 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 Lambeth against what people living in Lambeth actually earn.

Monthly rent
£2,525
Median gross pay (2024)
£3,829
full-time, per month, before tax
Rent as a share of pay
65.9%
2.8 points above the London average
Severely stretched — a single full-time median earner would spend 65.9% 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.

Lambeth rent by bedroom count

Lambeth rent by property type

Average monthly rent by property type in Lambeth, August 2026
Property typeAverage monthly rent
Flat or maisonette£2,186
Terraced house£3,108
Semi-detached house£3,377
Detached house£2,974

How Lambeth rent has changed

£1,500£1,917£2,333£2,7502015201720192021202320252026£2,525
Average monthly private rent in Lambeth, 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 Lambeth by year
YearAverage monthly rent
2015£1,746
2016£1,800
2017£1,786
2018£1,789
2019£1,843
2020£1,945
2021£1,842
2022£1,943
2023£2,103
2024£2,306
2025£2,515
2026£2,525

Boroughs priced near Lambeth

Common questions

What is the average rent in Lambeth?

The average monthly private rent in Lambeth is £2,525 as of August 2026, according to the ONS Price Index of Private Rents. That is +3.7% compared with a year earlier.

Is Lambeth cheaper than the London average?

No. Lambeth is £193 a month more expensive than the London average of £2,332, ranking 8th most expensive of London's 32 boroughs (August 2026).

Is rent in Lambeth affordable on a local salary?

Average rent in Lambeth is £2,525 a month against median gross full-time pay of £3,829 for people living there, so rent takes 65.9% 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 Lambeth?

A one-bedroom property in Lambeth rents for an average of £1,882 per month, and a two-bedroom for £2,342 (August 2026, ONS).

How much has rent risen in Lambeth?

Average rent in Lambeth has gone from £1,935 to £2,525 since 2021 — up £590 a month, or 30.5%.

Rentals available in Lambeth

See what is actually available in Lambeth 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.