Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £2,186 | £439,289 | 6.0% |
| Terraced | £3,108 | £796,865 | 4.7% |
| Semi-detached | £3,377 | £1,028,861 | 3.9% |
| Detached | £2,974 | £1,153,203 | 3.1% |
In Lambeth, flats give the highest gross yield, at 6.0%. 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 Lambeth compares in London
Lambeth ranks 8 of 32 for average rent in London, and 3 of 32 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Hackney | £2,658 | +3.6% | 5.3% |
| Wandsworth | £2,632 | +4.2% | 4.6% |
| Lambeth | £2,525 | +3.7% | 5.6% |
| Southwark | £2,474 | +5.4% | 5.2% |
| Tower Hamlets | £2,453 | +3.5% | 6.6% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Lambeth
- Is my rent too low? Compare your rent with the Lambeth average for your number of bedrooms.
- Do I need a landlord licence in Lambeth?
- 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 Lambeth?
£2,525 a month across all private rented homes in August 2026, according to the ONS. That's +3.7% on a year earlier, and 8% above the London average of £2,332.
What is the average rent for a 2-bedroom home in Lambeth?
£2,342 a month in August 2026, against £2,232 across London. A 1-bedroom home averages £1,882 and a 3-bedroom home £2,682.
Is Lambeth good for buy-to-let?
The average gross yield in Lambeth is 5.6%, ranking 3 of 32 areas in London. Flats yield the most, at 6.0%. 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.