5 affordable rental areas near London

The cost of living has skyrocketed and average rents in London have hit a record high of £3,012 a month.

According to Home.co.uk, Croydon is the cheapest London postcode to rent a 1 bedroom, averaging £1,200 pcm. In the most expensive district, Chelsea, this will cost you 2,600 pcm.

If you want a 3 bedroom family home you will need £1,950 in Croydon or a whopping £8,017 in Chelsea.

Moving away from London and commuting is a cheaper option. So where can you get the best bang for your buck within an hour of the capital? We have found for you 5 cheap areas to rent near London.

Northampton, Northamptonshire

Northampton is closer to London than you might think, with a direct train to Euston taking 59 minutes. If you’re willing to compromise a little when commuting, you could save a lot on rent. You can find 1 bedroom apartments from just £695 pcm and 3 bed houses from £1,200 pcm.

This market town is one of the largest in England and is applying for town status. Perfect if you’re still chasing the buzz of a city without the high price tag. The city center is a buzzing hub of activity, packed with popular shops and chain restaurants. You will love visiting the many museums, theaters and galleries.

On the outskirts there are some delightfully picturesque villages with National Trust properties and cozy pubs to explore.

Stevenage, Herfordshire

Stevenage is 27 miles north of London and just a 25 minute direct train journey from Kings Cross. This town is one of the more affordable in Hertfordshire with cheaper rental options. One bedroom apartments are available for an average of £1,080 pcm, while 3 bed houses are a decent £1,450 pcm.

In the old town you will find beautiful period buildings, listed buildings and independent shops. The Neustadt has a thriving main street and is currently undergoing extensive renovation.

Luton Airport is only 13 miles away, making international travel a breeze.

Crawley, Sussex

43 minutes from London Victoria and 38 minutes from Brighton, Crawley enjoys the best of both worlds. With easy access to town and the sea for day trips, Crawley is ideal for families. One bedroom apartments average £963pcm and 3 bedroom houses come in at a reasonable £1,550.

This market town has everything you could need on its busy main street. You will love the outdoor lifestyle with many local parks and a regular farmers market. There is also a busy calendar of local events including comedy shows, food festivals and exhibitions.

Gatwick Airport, one of the UK’s busiest, is just outside the city so you have the world at your feet.

Reading, Berkshire

Reading is a popular commuter town and with good reason. The fast train will take you to Paddington in a brisk 21 minutes. Proximity to the M4 is also ideal for travel south. 1 bed apartments cost an average of £950 and 3 bed houses £1,600.

It is a multicultural hub of activity, famous for the annual Reading Festival and home to Reading University. Reading is a commercial center with a thriving local economy. Microsoft’s headquarters are located here and many global technology companies have offices here. The friendly, diverse local population includes sizable Polish and South Asian communities.

Rothill, Surrey

Redhill is a great choice for those commuting downtown. A 30-minute train takes you to London Bridge. Direct lines also run to Blackfriars and Victoria within 40 minutes.

As you would expect from its location in desirable Surrey, rental prices are higher than the other areas on this list. Yet it is still more affordable than the capital. A 1 bedroom flat will set you back £1,050 pcm, or buy a 3 bed family home for £1,800 pcm.

Redhill is just 11 miles south of Croydon but you get a lot more space for your money.

So there you have it, 5 affordable areas to rent closer to London. If the rent crunch has driven you out of London, it’s definitely worth considering moving to one of these hotspots. Whether you’re looking for your first home or a more spacious family home, you don’t have to compromise on location to find something affordable. Why not take a day trip and explore these beautiful cities on your own?