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Average 2 Bedroom Rent in Richmond upon Thames 2026

A 2 bedroom property in Richmond upon Thames rents for an average of £2,237 per month as of September 2026, +5.5% on a year earlier. That is 53.7% of median local full-time pay.

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

Monthly rent
£2,237
Median gross pay (2024)
£4,169
full-time, per month, before tax
Rent as a share of pay
53.7%
6.8 points below the London average
Severely stretched — a single full-time median earner would spend 53.7% 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.

2 Bedroom rent in Richmond upon Thames since 2015

£1,250£1,750£2,250£2,7502015201720192021202320252026£2,237
Average monthly private rent in Richmond upon Thames (2 bedroom), 2015–2026 (dashed line: London 2 bedroom average). Source: ONS Price Index of Private Rents.
Past year
+5.5%
Past 5 years
+35.2%
£1,655 → £2,237
Past 10 years
+41%
£1,586 → £2,237

Year-by-year figures

Average monthly rent for a 2 bedroom in Richmond upon Thames, by year (ONS Price Index of Private Rents)
YearAverage 2 bed rent
2015£1,615
2016£1,586
2017£1,540
2018£1,624
2019£1,627
2020£1,670
2021£1,655
2022£1,710
2023£1,756
2024£2,016
2025£2,122
2026£2,237

The step up from a one-bed in Richmond upon Thames

A 2 bedroom in Richmond upon Thames costs 28.3% more than a one-bed here, against 26.9% across London as a whole. Trading up is a steeper jump in Richmond upon Thames than it is elsewhere in the city.

Other property sizes in Richmond upon Thames

2 Bedroom rent across every London borough

Cheapest first, September 2026.

Average monthly rent for a 2 bedroom property by London borough, September 2026
#Borough2 bed rentYear on year
1Bexley£1,529+1.7%
2Havering£1,544+0.9%
3Sutton£1,567+3%
4Croydon£1,577+3.4%
5Hillingdon£1,598+3.4%
6Bromley£1,649+3.2%
7Redbridge£1,689+2.1%
8Harrow£1,718+2.6%
9Barking and Dagenham£1,723+2.6%
10Waltham Forest£1,732+2.4%
11Kingston upon Thames£1,765−0.4%
12Enfield£1,770+5.3%
13Lewisham£1,793+2%
14Barnet£1,862+2.9%
15Greenwich£1,935+6%
16Brent£1,937+4.7%
17Hounslow£1,956+3.6%
18Newham£1,995+2.9%
19Merton£2,032+5.7%
20Haringey£2,040+1.3%
21Ealing£2,049+3.8%
22Richmond upon Thamesyou are here£2,237+5.5%
23Lambeth£2,353+3.3%
24Southwark£2,387+7.4%
25Tower Hamlets£2,427+3.7%
26Wandsworth£2,469+4.3%
27Hackney£2,498+4.1%
28Camden£2,634+1.6%
29Hammersmith and Fulham£2,656+5.1%
30Islington£2,712+6.8%
31Westminster£3,320−0.1%
32Kensington and Chelsea£3,475+3.4%

Common questions

How much is a 2 bedroom in Richmond upon Thames?

A 2 bedroom property in Richmond upon Thames rents for an average of £2,237 per month as of September 2026, according to the ONS Price Index of Private Rents — +5.5% compared with a year earlier.

Is a 2 bedroom in Richmond upon Thames affordable on a local salary?

At £2,237 a month against median gross full-time pay of £4,169 for people living in Richmond upon Thames, rent takes 53.7% 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 Richmond upon Thames?

A 2 bedroom in Richmond upon Thames has gone from £1,655 in 2021 to £2,237 today — up £582 a month, or 35.2%, in five years.

Is a 2 bedroom in Richmond upon Thames cheaper than the London average?

Yes. It costs £2 a month less than the London average of £2,239, making Richmond upon Thames the 22nd cheapest borough for this size (September 2026).

See what £2,237 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.