Average 3 Bedroom Rent in Lambeth 2026
A 3 bedroom property in Lambeth rents for an average of £2,682 per month as of August 2026, +3.8% on a year earlier. That is 70% of median local full-time pay.
Lambeth is the 22nd cheapest of 32 London boroughs for this size. Updated 2026-09-18.
What that costs relative to local pay
A 3 bedroom in Lambeth against what people living in Lambeth actually earn.
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.
3 Bedroom rent in Lambeth since 2015
View the year-by-year figures as a table
| Year | Average 3 bed rent |
|---|---|
| 2015 | £1,857 |
| 2016 | £1,918 |
| 2017 | £1,902 |
| 2018 | £1,903 |
| 2019 | £1,952 |
| 2020 | £2,061 |
| 2021 | £1,954 |
| 2022 | £2,063 |
| 2023 | £2,235 |
| 2024 | £2,444 |
| 2025 | £2,670 |
| 2026 | £2,682 |
The step up from a one-bed in Lambeth
A 3 bedroom in Lambeth costs 42.5% more than a one-bed here, against 50.2% across London as a whole. Trading up is a gentler jump here than the London norm, which can make Lambeth better value for sharers and families than its headline rent suggests.
What is actually available in Lambeth right now
1 live 3 bed listing on FTR London.
Other property sizes in Lambeth
3 Bedroom rent across every London borough
Cheapest first, August 2026.
| # | Borough | 3 bed rent | Year on year |
|---|---|---|---|
| 1 | Havering | £1,847 | +2% |
| 2 | Croydon | £1,858 | +3.6% |
| 3 | Bexley | £1,865 | +1.7% |
| 4 | Barking and Dagenham | £1,899 | +3.1% |
| 5 | Sutton | £1,899 | +2.6% |
| 6 | Hillingdon | £1,913 | +3% |
| 7 | Redbridge | £1,981 | +2.5% |
| 8 | Bromley | £1,990 | +3.1% |
| 9 | Waltham Forest | £2,023 | +1.9% |
| 10 | Lewisham | £2,057 | +2.4% |
| 11 | Harrow | £2,064 | +3.3% |
| 12 | Enfield | £2,098 | +5.6% |
| 13 | Kingston upon Thames | £2,154 | −0.7% |
| 14 | Newham | £2,212 | +3.5% |
| 15 | Hounslow | £2,241 | +3.6% |
| 16 | Greenwich | £2,242 | +6.6% |
| 17 | Barnet | £2,256 | +3.6% |
| 18 | Brent | £2,271 | +3.7% |
| 19 | Haringey | £2,356 | +1.8% |
| 20 | Ealing | £2,406 | +3.4% |
| 21 | Merton | £2,407 | +5.8% |
| 22 | Lambethyou are here | £2,682 | +3.8% |
| 23 | Richmond upon Thames | £2,684 | +4.7% |
| 24 | Southwark | £2,732 | +5.6% |
| 25 | Tower Hamlets | £2,750 | +3.6% |
| 26 | Wandsworth | £2,810 | +4.4% |
| 27 | Hackney | £2,846 | +3.9% |
| 28 | Hammersmith and Fulham | £2,992 | +3.5% |
| 29 | Islington | £3,005 | +6.5% |
| 30 | Camden | £3,055 | +1.2% |
| 31 | Westminster | £3,895 | −0.5% |
| 32 | Kensington and Chelsea | £4,074 | +2.5% |
Common questions
How much is a 3 bedroom in Lambeth?
A 3 bedroom property in Lambeth rents for an average of £2,682 per month as of August 2026, according to the ONS Price Index of Private Rents — +3.8% compared with a year earlier.
Is a 3 bedroom in Lambeth affordable on a local salary?
At £2,682 a month against median gross full-time pay of £3,829 for people living in Lambeth, rent takes 70% of gross earnings. The commonly used affordability guideline is 30%. Note that earnings are before tax and National Insurance, and the earnings figure is for 2024.
How much has 3 bedroom rent risen in Lambeth?
A 3 bedroom in Lambeth has gone from £1,954 in 2021 to £2,682 today — up £728 a month, or 37.3%, in five years.
Is a 3 bedroom in Lambeth cheaper than the London average?
No. It costs £39 a month more than the London average of £2,643, ranking 22nd cheapest of 32 boroughs (August 2026).
See what £2,682 actually gets you
Averages are a starting point. Browse what is genuinely available 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.