Average 2 Bedroom Rent in Richmond upon Thames 2026
A 2 bedroom property in Richmond upon Thames rents for an average of £2,222 per month as of August 2026, +4.6% on a year earlier. That is 53.3% of median local full-time pay.
Richmond upon Thames is the 22nd cheapest of 32 London boroughs for this size. Updated 2026-09-18.
What that costs relative to local pay
A 2 bedroom in Richmond upon Thames against what people living in Richmond upon Thames 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 Richmond upon Thames since 2015
View the year-by-year figures as a table
| Year | Average 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 | £2,222 |
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 26.8% 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, August 2026.
| # | Borough | 2 bed rent | Year on year |
|---|---|---|---|
| 1 | Bexley | £1,526 | +1.6% |
| 2 | Havering | £1,542 | +1.5% |
| 3 | Sutton | £1,554 | +2.1% |
| 4 | Croydon | £1,573 | +3.1% |
| 5 | Hillingdon | £1,586 | +2.5% |
| 6 | Bromley | £1,641 | +2.7% |
| 7 | Redbridge | £1,681 | +1.8% |
| 8 | Harrow | £1,715 | +2.7% |
| 9 | Barking and Dagenham | £1,721 | +2.7% |
| 10 | Waltham Forest | £1,723 | +1.4% |
| 11 | Kingston upon Thames | £1,755 | −1.2% |
| 12 | Enfield | £1,764 | +5% |
| 13 | Lewisham | £1,789 | +2% |
| 14 | Barnet | £1,858 | +3.3% |
| 15 | Greenwich | £1,932 | +6% |
| 16 | Brent | £1,934 | +3.2% |
| 17 | Hounslow | £1,947 | +3.2% |
| 18 | Newham | £1,993 | +2.8% |
| 19 | Merton | £2,024 | +5.5% |
| 20 | Ealing | £2,033 | +3.1% |
| 21 | Haringey | £2,034 | +1.4% |
| 22 | Richmond upon Thamesyou are here | £2,222 | +4.6% |
| 23 | Lambeth | £2,342 | +3.6% |
| 24 | Southwark | £2,348 | +5.4% |
| 25 | Tower Hamlets | £2,418 | +3.4% |
| 26 | Wandsworth | £2,463 | +4.4% |
| 27 | Hackney | £2,489 | +3.7% |
| 28 | Camden | £2,621 | +1.2% |
| 29 | Hammersmith and Fulham | £2,622 | +3.5% |
| 30 | Islington | £2,697 | +6.4% |
| 31 | Westminster | £3,305 | −0.3% |
| 32 | Kensington and Chelsea | £3,428 | +2.5% |
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 £2,222 per month as of August 2026, according to the ONS Price Index of Private Rents — +4.6% compared with a year earlier.
Is a 2 bedroom in Richmond upon Thames affordable on a local salary?
At £2,222 a month against median gross full-time pay of £4,169 for people living in Richmond upon Thames, rent takes 53.3% 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 £2,222 today — up £567 a month, or 34.3%, in five years.
Is a 2 bedroom in Richmond upon Thames cheaper than the London average?
Yes. It costs £10 a month less than the London average of £2,232, making Richmond upon Thames the 22nd cheapest borough for this size (August 2026).
See what £2,222 actually gets you
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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.