Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £1,437 | £253,660 | 6.8% |
| Terraced | £1,797 | £396,579 | 5.4% |
| Semi-detached | £1,999 | £535,706 | 4.5% |
| Detached | £2,623 | £837,514 | 3.8% |
In Croydon, flats give the highest gross yield, at 6.8%. Gross yield is a year's rent divided by the price, before costs. Averages cover every home and tenancy, so a real purchase can differ: run the figures for a specific property in the rental yield calculator.
How Croydon compares in London
Croydon ranks 28 of 32 for average rent in London, and 9 of 32 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Barking and Dagenham | £1,698 | +2.6% | 5.4% |
| Bromley | £1,684 | +2.7% | 3.9% |
| Croydon | £1,582 | +3.2% | 4.9% |
| Hillingdon | £1,570 | +2.5% | 4.0% |
| Havering | £1,565 | +1.5% | 4.2% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Croydon
- Is my rent too low? Compare your rent with the Croydon average for your number of bedrooms.
- Do I need a landlord licence in Croydon?
- When can I raise the rent? Rent rises now follow the Section 13 process, once a year.
- Landlord compliance checklist: every check a let needs.
Questions landlords ask
What is the average rent in Croydon?
£1,582 a month across all private rented homes in August 2026, according to the ONS. That's +3.2% on a year earlier, and 32% below the London average of £2,332.
What is the average rent for a 2-bedroom home in Croydon?
£1,573 a month in August 2026, against £2,232 across London. A 1-bedroom home averages £1,265 and a 3-bedroom home £1,858.
Is Croydon good for buy-to-let?
The average gross yield in Croydon is 4.9%, ranking 9 of 32 areas in London. Flats yield the most, at 6.8%. Yields are lower where prices are high, so check the numbers on a real property before you buy.
Sources
Figures are averages for all private rented homes, including existing tenancies, so rents for new lets are usually higher. Updated monthly.