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Average Rent in Richmond upon Thames 2026

The average monthly private rent in Richmond upon Thames is £2,333 as of August 2026, +4.4% on a year earlier. That is £1 a month above the London average of £2,332.

Richmond upon Thames is the 22nd 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 Richmond upon Thames against what people living in Richmond upon Thames actually earn.

Monthly rent
£2,333
Median gross pay (2024)
£4,169
full-time, per month, before tax
Rent as a share of pay
56%
7.1 points below the London average
Severely stretched — a single full-time median earner would spend 56% 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.

Richmond upon Thames rent by bedroom count

Richmond upon Thames rent by property type

Average monthly rent by property type in Richmond upon Thames, August 2026
Property typeAverage monthly rent
Flat or maisonette£2,045
Terraced house£2,681
Semi-detached house£3,036
Detached house£3,957

How Richmond upon Thames rent has changed

£1,500£1,833£2,167£2,5002015201720192021202320252026£2,333
Average monthly private rent in Richmond upon Thames, 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 Richmond upon Thames by year
YearAverage monthly rent
2015£1,679
2016£1,651
2017£1,606
2018£1,696
2019£1,706
2020£1,753
2021£1,743
2022£1,804
2023£1,853
2024£2,125
2025£2,232
2026£2,333

Boroughs priced near Richmond upon Thames

Common questions

What is the average rent in Richmond upon Thames?

The average monthly private rent in Richmond upon Thames is £2,333 as of August 2026, according to the ONS Price Index of Private Rents. That is +4.4% compared with a year earlier.

Is Richmond upon Thames cheaper than the London average?

No. Richmond upon Thames is £1 a month more expensive than the London average of £2,332, ranking 11th most expensive of London's 32 boroughs (August 2026).

Is rent in Richmond upon Thames affordable on a local salary?

Average rent in Richmond upon Thames is £2,333 a month against median gross full-time pay of £4,169 for people living there, so rent takes 56% 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 Richmond upon Thames?

A one-bedroom property in Richmond upon Thames rents for an average of £1,732 per month, and a two-bedroom for £2,222 (August 2026, ONS).

How much has rent risen in Richmond upon Thames?

Average rent in Richmond upon Thames has gone from £1,753 to £2,333 since 2021 — up £580 a month, or 33.1%.

Rentals available in Richmond upon Thames

See what is actually available in Richmond upon Thames 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.