Average 4+ Bedroom Rent in Southwark 2026
A 4 or more bedroom property in Southwark rents for an average of £3,608 per month as of August 2026, +5.4% on a year earlier. That is 94.6% of median local full-time pay.
Southwark is the 23rd cheapest of 32 London boroughs for this size. Updated 2026-09-18.
What that costs relative to local pay
A 4 or more bedroom in Southwark against what people living in Southwark 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.
4+ Bedroom rent in Southwark since 2015
View the year-by-year figures as a table
| Year | Average 4+ bed rent |
|---|---|
| 2015 | £2,508 |
| 2016 | £2,614 |
| 2017 | £2,608 |
| 2018 | £2,635 |
| 2019 | £2,669 |
| 2020 | £2,740 |
| 2021 | £2,729 |
| 2022 | £2,935 |
| 2023 | £3,187 |
| 2024 | £3,419 |
| 2025 | £3,468 |
| 2026 | £3,608 |
The step up from a one-bed in Southwark
A 4 or more bedroom in Southwark costs 92.3% more than a one-bed here, against 107.2% across London as a whole. Trading up is a gentler jump here than the London norm, which can make Southwark better value for sharers and families than its headline rent suggests.
What is actually available in Southwark right now
1 live 4+ bed listing on FTR London.
Other property sizes in Southwark
4+ Bedroom rent across every London borough
Cheapest first, August 2026.
| # | Borough | 4+ bed rent | Year on year |
|---|---|---|---|
| 1 | Bexley | £2,424 | +1.3% |
| 2 | Sutton | £2,492 | +2% |
| 3 | Havering | £2,496 | +1.3% |
| 4 | Barking and Dagenham | £2,519 | +2.5% |
| 5 | Waltham Forest | £2,565 | +1.3% |
| 6 | Hillingdon | £2,634 | +2.3% |
| 7 | Croydon | £2,667 | +2.7% |
| 8 | Newham | £2,672 | +3.1% |
| 9 | Redbridge | £2,711 | +1.7% |
| 10 | Lewisham | £2,714 | +1.9% |
| 11 | Harrow | £2,789 | +2.6% |
| 12 | Enfield | £2,807 | +4.7% |
| 13 | Kingston upon Thames | £2,836 | −1.6% |
| 14 | Bromley | £2,926 | +2.3% |
| 15 | Greenwich | £3,001 | +6% |
| 16 | Brent | £3,052 | +2.7% |
| 17 | Hounslow | £3,076 | +2.6% |
| 18 | Haringey | £3,186 | +1.1% |
| 19 | Barnet | £3,192 | +3% |
| 20 | Merton | £3,267 | +4.7% |
| 21 | Ealing | £3,287 | +2.6% |
| 22 | Tower Hamlets | £3,378 | +3.4% |
| 23 | Southwarkyou are here | £3,608 | +5.4% |
| 24 | Hackney | £3,674 | +3.4% |
| 25 | Lambeth | £3,715 | +3.3% |
| 26 | Wandsworth | £3,818 | +3.5% |
| 27 | Richmond upon Thames | £3,907 | +3.7% |
| 28 | Camden | £3,967 | +0.2% |
| 29 | Hammersmith and Fulham | £4,181 | +2.7% |
| 30 | Islington | £4,229 | +5.9% |
| 31 | Westminster | £5,424 | −1.4% |
| 32 | Kensington and Chelsea | £5,650 | +1.6% |
Common questions
How much is a 4 or more bedroom in Southwark?
A 4 or more bedroom property in Southwark rents for an average of £3,608 per month as of August 2026, according to the ONS Price Index of Private Rents — +5.4% compared with a year earlier.
Is a 4 or more bedroom in Southwark affordable on a local salary?
At £3,608 a month against median gross full-time pay of £3,815 for people living in Southwark, rent takes 94.6% 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 4 or more bedroom rent risen in Southwark?
A 4 or more bedroom in Southwark has gone from £2,729 in 2021 to £3,608 today — up £879 a month, or 32.2%, in five years.
Is a 4 or more bedroom in Southwark cheaper than the London average?
Yes. It costs £38 a month less than the London average of £3,646, making Southwark the 23rd cheapest borough for this size (August 2026).
See what £3,608 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.