Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £2,284 | £430,120 | 6.4% |
| Terraced | £2,735 | £690,210 | 4.8% |
| Semi-detached | £3,012 | £666,730 | 5.4% |
| Detached | £3,078 | £889,618 | 4.2% |
In Tower Hamlets, flats give the highest gross yield, at 6.4%. 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 Tower Hamlets compares in London
Tower Hamlets ranks 10 of 32 for average rent in London, and 1 of 32 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Lambeth | £2,525 | +3.7% | 5.6% |
| Southwark | £2,474 | +5.4% | 5.2% |
| Tower Hamlets | £2,453 | +3.5% | 6.6% |
| Richmond upon Thames | £2,333 | +4.4% | 3.5% |
| Haringey | £2,219 | +1.4% | 4.2% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Tower Hamlets
- Is my rent too low? Compare your rent with the Tower Hamlets average for your number of bedrooms.
- Do I need a landlord licence in Tower Hamlets?
- 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 Tower Hamlets?
£2,453 a month across all private rented homes in August 2026, according to the ONS. That's +3.5% on a year earlier, and 5% above the London average of £2,332.
What is the average rent for a 2-bedroom home in Tower Hamlets?
£2,418 a month in August 2026, against £2,232 across London. A 1-bedroom home averages £1,992 and a 3-bedroom home £2,750.
Is Tower Hamlets good for buy-to-let?
The average gross yield in Tower Hamlets is 6.6%, ranking 1 of 32 areas in London. Flats yield the most, at 6.4%. 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.