Jump to Main ContentJump to Primary Navigation
Top

The 10 Cheapest Places To Live In London That Aren't On The Monopoly Board

1.jpg

You’ve more chance of finding the Holy Grail than a cheap flat in London. And even that will probably be found bottled in one of those eternally-stocked Foxtons fridges.

But at least we can now reveal the cheapest place to rent in London: Waltham Forest. So a big well done if you’re shacked up there. 

Served by the Central Line and found in the north-easterly direction of the capital, a new survey by London flat sharers by Weroom found that tenants in the borough pay an average of £435.89, a considerably lesser figure than the London average of £748.04.

Thomas Villeneurve, chief executive of Weroom, which has 300,000 users, said: " London prices have rocketed so far out of control that anyone on a standard wage below the age of 30 can no longer dream of buying in the city. This is why the number of renters is projected to increase by millions."

Waltham Forest wasn’t the only north London region to feature on the list either – far from it. Nearby Haringey (£518) finished in second place while most of the other top 10 entries also teetered slightly above the Thames.

So, living north of the river appears to be cheaper, but is it actually better? 50 per cent of residents polled in Ealing (which finished in sixth place on £619) certainly think so, claiming they felt the area had a low crime rate.

But then the biggest crime of all is the current state of London renting prices anyway.

THE CHEAPEST PLACES TO RENT IN LONDON ACCORDING TO WEROOM

1. Waltham Forest £435

2. Haringey £518

3. Lewisham £586

4. Sutton £600

5. Barking and Dagenham £605

6. Ealing £619

7. Newham £624

8. Barnet £635

9. Redbridge £635

10. Enfield £645

Related

rexfeatures_2605920a.jpg

It’s Official - The North Is Smarter Than The South

downing street.jpg

The Reason Why You Keep Seeing Signs With Missing Letters

rexfeatures_2290033a.jpg

London’s sewers are full of cocaine

WWDC-2015-invitation.jpg

Here's All Of The Cool Stuff Apple Could Be About To Announce Tonight

bruno-mars-mark-ronson-uptown-funk-2015-billboard-650.jpg

Here's How Much Money Artists Really Make From Spotify

rexfeatures_821851l.jpg

Quiz: Find How You’re Most Likely To Die Based On When You Were Born

Comments

More

This retired racehorse has absolutely zero chill

"Woah Shamrock"

by Matt Tate
22 Mar 2017

This Monopoly board show how much it actually costs to live in London

Oh well, renting forever

by Gary Ogden
22 Mar 2017

You can get your cat high now

Thanks science

by Emily Reynolds
22 Mar 2017

Everyone is mad about Mary Berry's pie

No soggy bottoms here

by Emily Reynolds
22 Mar 2017

Spare a thought for the Cadbury social media manager

Guess what? The internet is wrong again

by Emily Reynolds
22 Mar 2017

This fossil has been named after David Attenborough

As birthday presents go, that's a pretty good one

by Emily Reynolds
22 Mar 2017

Stephen Hawking is going into space

Astro-Hawk takes flight

by Gary Ogden
21 Mar 2017

The average date costs £129, apparently

Where are these people going?

by Emily Reynolds
20 Mar 2017

Your dog is probably lying to you

Sorry, but you can't trust your pet anymore

by Emily Reynolds
20 Mar 2017

You're going to watch footage from this Russian car curling tournament

We need to get this on Sky Sports ASAP

by Dave Fawbert
20 Mar 2017