Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £1,831 | £351,675 | 6.2% |
| Terraced | £2,250 | £545,565 | 4.9% |
| Semi-detached | £2,465 | £712,724 | 4.2% |
| Detached | £3,074 | £1,009,528 | 3.7% |
In Greenwich, flats give the highest gross yield, at 6.2%. 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 Greenwich compares in London
Greenwich ranks 16 of 32 for average rent in London, and 7 of 32 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Ealing | £2,109 | +3.0% | 4.3% |
| Brent | £2,014 | +3.4% | 4.4% |
| Greenwich | £1,995 | +6.1% | 5.2% |
| Hounslow | £1,952 | +3.2% | 4.5% |
| Barnet | £1,949 | +3.3% | 3.9% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Greenwich
- Is my rent too low? Compare your rent with the Greenwich average for your number of bedrooms.
- Do I need a landlord licence in Greenwich?
- 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 Greenwich?
£1,995 a month across all private rented homes in August 2026, according to the ONS. That's +6.1% on a year earlier, and 14% below the London average of £2,332.
What is the average rent for a 2-bedroom home in Greenwich?
£1,932 a month in August 2026, against £2,232 across London. A 1-bedroom home averages £1,563 and a 3-bedroom home £2,242.
Is Greenwich good for buy-to-let?
The average gross yield in Greenwich is 5.2%, ranking 7 of 32 areas in London. Flats yield the most, at 6.2%. 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.