Average 2 Bedroom Rent in Merton 2026
A 2 bedroom property in Merton rents for an average of £2,032 per month as of September 2026, +5.7% on a year earlier. That is 53.5% of median local full-time pay.
Merton is the 19th cheapest of 32 London boroughs for this size. ONS figures for September 2026, published . Next update after the ONS release on .
What that costs relative to local pay
A 2 bedroom in Merton against what people living in Merton 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.
2 Bedroom rent in Merton since 2015
Year-by-year figures
| Year | Average 2 bed rent |
|---|---|
| 2015 | £1,437 |
| 2016 | £1,476 |
| 2017 | £1,453 |
| 2018 | £1,461 |
| 2019 | £1,469 |
| 2020 | £1,526 |
| 2021 | £1,512 |
| 2022 | £1,623 |
| 2023 | £1,678 |
| 2024 | £1,863 |
| 2025 | £1,935 |
| 2026 | £2,032 |
The step up from a one-bed in Merton
A 2 bedroom in Merton costs 23.5% more than a one-bed here, against 26.9% across London as a whole. Trading up is a gentler jump here than the London norm, which can make Merton better value for sharers and families than its headline rent suggests.
Other property sizes in Merton
2 Bedroom rent across every London borough
Cheapest first, September 2026.
| # | Borough | 2 bed rent | Year on year |
|---|---|---|---|
| 1 | Bexley | £1,529 | +1.7% |
| 2 | Havering | £1,544 | +0.9% |
| 3 | Sutton | £1,567 | +3% |
| 4 | Croydon | £1,577 | +3.4% |
| 5 | Hillingdon | £1,598 | +3.4% |
| 6 | Bromley | £1,649 | +3.2% |
| 7 | Redbridge | £1,689 | +2.1% |
| 8 | Harrow | £1,718 | +2.6% |
| 9 | Barking and Dagenham | £1,723 | +2.6% |
| 10 | Waltham Forest | £1,732 | +2.4% |
| 11 | Kingston upon Thames | £1,765 | −0.4% |
| 12 | Enfield | £1,770 | +5.3% |
| 13 | Lewisham | £1,793 | +2% |
| 14 | Barnet | £1,862 | +2.9% |
| 15 | Greenwich | £1,935 | +6% |
| 16 | Brent | £1,937 | +4.7% |
| 17 | Hounslow | £1,956 | +3.6% |
| 18 | Newham | £1,995 | +2.9% |
| 19 | Mertonyou are here | £2,032 | +5.7% |
| 20 | Haringey | £2,040 | +1.3% |
| 21 | Ealing | £2,049 | +3.8% |
| 22 | Richmond upon Thames | £2,237 | +5.5% |
| 23 | Lambeth | £2,353 | +3.3% |
| 24 | Southwark | £2,387 | +7.4% |
| 25 | Tower Hamlets | £2,427 | +3.7% |
| 26 | Wandsworth | £2,469 | +4.3% |
| 27 | Hackney | £2,498 | +4.1% |
| 28 | Camden | £2,634 | +1.6% |
| 29 | Hammersmith and Fulham | £2,656 | +5.1% |
| 30 | Islington | £2,712 | +6.8% |
| 31 | Westminster | £3,320 | −0.1% |
| 32 | Kensington and Chelsea | £3,475 | +3.4% |
Common questions
How much is a 2 bedroom in Merton?
A 2 bedroom property in Merton rents for an average of £2,032 per month as of September 2026, according to the ONS Price Index of Private Rents — +5.7% compared with a year earlier.
Is a 2 bedroom in Merton affordable on a local salary?
At £2,032 a month against median gross full-time pay of £3,797 for people living in Merton, rent takes 53.5% 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 2 bedroom rent risen in Merton?
A 2 bedroom in Merton has gone from £1,512 in 2021 to £2,032 today — up £520 a month, or 34.4%, in five years.
Is a 2 bedroom in Merton cheaper than the London average?
Yes. It costs £207 a month less than the London average of £2,239, making Merton the 19th cheapest borough for this size (September 2026).
See what £2,032 actually gets you
Averages are a starting point. Browse what is genuinely available now, listed directly by their landlords.
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.