Average rent in Greenwich
The average private rent in Greenwich was £1,998 a month in September 2026, +6.0% on a year earlier. A two-bedroom home costs £1,935, 50% above the UK average of £1,287 and 14% below the average for London. It is the 15th cheapest of 32 areas in London. Over the past year, 3 bed homes rose fastest (+6.6%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in Greenwich
Two common tests: rent at no more than 30% of gross income, and the letting-agent referencing check of an annual income at least 30× the monthly rent.
| Home | Rent (pcm) | Salary for 30% rule | Agent check (30× rent) |
|---|---|---|---|
| 1 bedroom | £1,564 | £62,560 | £46,920 |
| 2 bedrooms | £1,935 | £77,400 | £58,050 |
The median full-time salary for Greenwich residents is £45,274 (2025, £22.95 an hour). A one-bedroom at the average rent takes 41% of that before tax, above the 30% guideline.
Renting vs buying in Greenwich
How rents in Greenwich have changed
Average rent is +46.3% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £1,998 | £1,935 |
| 2025 | £1,884 | £1,825 |
| 2024 | £1,822 | £1,763 |
| 2023 | £1,602 | £1,550 |
| 2022 | £1,488 | £1,442 |
| 2021 | £1,447 | £1,405 |
| 2020 | £1,452 | £1,414 |
| 2019 | £1,407 | £1,373 |
| 2018 | £1,412 | £1,382 |
| 2017 | £1,378 | £1,350 |
| 2016 | £1,366 | £1,342 |
Areas with similar rents
Frequently asked questions
What is the average rent in Greenwich?
The average private rent in Greenwich was £1,998 a month in September 2026, up 6.0% on a year earlier. A one-bedroom averaged £1,564 and a two-bedroom £1,935 (ONS Price Index of Private Rents).
What salary do you need to rent in Greenwich?
To keep a £1,564 one-bedroom rent within 30% of gross income you need about £62,560 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £46,920. The median full-time salary for residents is £45,274.
Is Greenwich expensive to rent compared with the rest of the UK?
A two-bedroom in Greenwich costs £1,935 a month, 50% above the UK average of £1,287. It ranks 265 of 282 larger UK areas from cheapest to most expensive.
Rents: ONS Price Index of Private Rents (September 2026), average of new and existing private tenancies — official statistics in development. House prices: HM Land Registry UK House Price Index. Pay: ONS Annual Survey of Hours and Earnings, median gross pay of full-time employees by place of residence. Contains public sector information licensed under the Open Government Licence v3.0. See our methodology.