Average Rent in Richmond upon Thames
As of January 2026, the average rent in Richmond upon Thames is £2,254/month — 69% above the England average of £1,332. Rents have changed by +5.2% over the past year.
Key figures
- Average rent: £2,254/month (69% above the England average of £1,332)
- Rents are up +5.2% year-on-year
- 1-bed average: £1,670/month
- LHA shortfall of £473/month for a 1-bed — housing benefit unlikely to cover market rent
- London borough — expect referencing and credit checks as standard
Rent by bedroom type
Here's how average monthly rent in Richmond upon Thames breaks down by number of bedrooms, with year-on-year change for each.
| Type | Avg. rent | YoY change |
|---|---|---|
| All properties | £2,254 | +5.2% |
| 1 bedroom | £1,670 | +5.6% |
| 2 bedrooms | £2,143 | +5.4% |
| 3 bedrooms | £2,589 | +5.1% |
| 4+ bedrooms | £3,805 | +4.2% |
Rent by property type
In Richmond upon Thames, flats and maisonettes make up a large share of the rental market. Here’s how average rents compare across property types.
| Property type | Avg. rent |
|---|---|
| Detached | £3,841 |
| Semi-detached | £2,935 |
| Terraced | £2,596 |
| Flat / maisonette | £1,973 |
Local Housing Allowance comparison
The Local Housing Allowance (LHA) sets the maximum housing benefit for renters in the Outer South West London area (April 2024 to March 2025). Here's how it compares to actual market rents.
| Size | LHA rate | Market rent | Gap |
|---|---|---|---|
| Shared | £590 | — | — |
| 1 bed | £1,197 | £1,670 | +£473 |
| 2 bed | £1,491 | £2,143 | +£652 |
| 3 bed | £1,795 | £2,589 | +£794 |
| 4 bed | £2,543 | £3,805 | +£1,262 |
Where market rent exceeds the LHA rate, renters on housing benefit may need to cover the difference themselves.
Renting in Richmond upon Thames: what to know
Richmond upon Thames is a London borough where rental demand is consistently high. The average rent of £2,254 per month is 69% above the England average of £1,332. This is 7% above the London regional average of £2,099.
Rents in Richmond upon Thames have risen +5.2% over the past year, faster than the London average of +3.1%.
There's a significant gap between market rents and Local Housing Allowance in this area. A 1-bed here averages £1,670, but the LHA rate for the Outer South West London BRMA is £1,197 \u2014 a shortfall of £473/month. Renters on housing benefit may need to top up from other income or look for properties below the local average.
London landlords and agents almost always run credit and referencing checks. A strong credit profile can make the difference between securing a property and losing out to another applicant. Reporting your rent payments to credit agencies is one way to start building that history.
FAQs
What is the average rent in Richmond upon Thames?
The average rent in Richmond upon Thames is £2,254 per month as of January 2026. This covers all property sizes. A 1-bed averages £1,670, a 2-bed £2,143, a 3-bed £2,589.
Is rent in Richmond upon Thames going up or down?
Rents in Richmond upon Thames have increased by +5.2% over the past year. This is above the national average rate of increase.
How does rent in Richmond upon Thames compare to Local Housing Allowance?
The average 1-bed rent in Richmond upon Thames (£1,670) is £473 above the LHA rate of £1,197 for the Outer South West London area. This is a significant gap — renters on housing benefit would likely need to cover the difference or look for below-market options.
Is Richmond upon Thames expensive compared to other London boroughs?
Yes — Richmond upon Thames is one of the more expensive boroughs. At £2,254/month average, it’s significantly above the England average of £1,332. Competition for rentals in inner London boroughs tends to be high, making a strong tenant profile especially valuable.
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