London rent as a percentage of gross pay

Rent for a one bedroom dwelling as a percentage of gross pay by London borough (October 2020 - September 2021)

In every London borough the average rent for a one-bedroom house or flat on the private market is at least 34% of median pre-tax pay in London. The average across the capital is that a one-bedroom dwelling cost the equivalent of almost half (45.3%) the gross-median pay in London. 

The least affordable boroughs are Westminster and Kensington & Chelsea in the centre of London, requiring 69.6% and 67.1% respectively, of the median pay to rent a one-bedroom house or flat on average. Outer London boroughs including Havering, Bexley and Sutton have the lowest average rents of between 34% and 34.9% of earnings. In England as a whole, the average one-bedroom property is just over a quarter (25.5%) of average earnings.