• How much rent can I afford?

    See the rent most letting agents will accept on your income, and the income needed for a given rent.

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Price Range
Minimum:
£
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 300
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
  • 2 K
  • 2.5 K
  • 3 K
  • 3.5 K
  • 4 K
  • 4.5 K
  • 5 K
  • 6 K
  • 7 K
Maximum:
£
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 300
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
  • 2 K
  • 2.5 K
  • 3 K
  • 3.5 K
  • 4 K
  • 4.5 K
  • 5 K
  • 6 K
  • 7 K
£
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 300
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
  • 2 K
  • 2.5 K
  • 3 K
  • 3.5 K
  • 4 K
  • 4.5 K
  • 5 K
  • 6 K
  • 7 K
To
£
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 300
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
  • 2 K
  • 2.5 K
  • 3 K
  • 3.5 K
  • 4 K
  • 4.5 K
  • 5 K
  • 6 K
  • 7 K

Maximum rent most agents will accept

£0

a month, based on the common 30 times rule

Letting agents and landlords set their own rules; many use income of 30 times the monthly rent, and about 36 times for a guarantor.

How letting agents check affordability

Most letting agents and referencing companies in England use a simple rule: your yearly income should be at least 30 times the monthly rent. For a flat at £2,000 a month, that means about £60,000 a year, alone or combined with the people you rent with.

If you fall short, you can often still rent with a guarantor, usually someone in the UK earning about 36 times the monthly rent, or with a rent guarantee service. Read what checks letting agents do and how renting through a letting agent works.

To compare areas, our London area guides show average rents by flat size for each borough, or browse our homes to rent.

Frequently asked questions

How much rent can I afford in London?

A common rule is a monthly rent of up to your yearly income divided by 30. On £60,000 a year, that is about £2,000 a month.

What income do I need to rent a £2,000 a month flat?

About £60,000 a year between the tenants, using the 30 times rule most agents apply.

Can I rent if I earn less than 30 times the rent?

Often yes, with a guarantor earning about 36 times the monthly rent, or a rent guarantee service.

Do letting agents charge for affordability checks?

No. In England, the Tenant Fees Act 2019 bans fees for referencing and credit checks.

Talk to our London team

Free sales and rental valuations from our office in Paddington.