Renters falling out of love with London, claims flatshare site

Renters falling out of love with London, claims flatshare site

Steep increases followed by years of stubbornly high rents in London appear to have taken the shine off flatsharing in the capital, according to data from website Spareroom.

The number of people looking for rooms to rent in London fell by almost a fifth (-18%) as those seeking rooms across the rest of the UK increased by 11%, comparing January 2026 to January 2020, before the pandemic. 

SpareRoom also analysed more than 241 million area search terms input by those landing on its site in 2025 compared to the previous year. 

Searches for ‘London’ fell 14% and searches for London postcode areas also fell between a fifth and a third. 

Searches for ‘Greater London’ increased by 38%, as interest rises in outer parts of the capital where rents are more affordable. 

Area search term input by SpareRoom users% change
East Central London-31%
East London-22%
Greater London+38.2%
London-14.2%
North London-20.4%
North West London-29.9%
South East London-24.7%
South West London-28.9%
West Central London-34.7%
West London-21.2%

The area with the highest increase (+113%) in renter interest in the country is Waltham Abbey, an Essex market town where the average room rent is now £784 per month, much lower than inner London (£978 per month) and within commuting distance.

Parts of outer London, where rents are also lower than inner London – on average £811 per month – are seeing notable increases in searches by flatsharers. These include the westernmost London borough Hillingdon (+62%), northwest London suburb Sudbury (+60%), north London town Enfield (46%), west London suburb Ruislip (+40%) and Hounslow suburb Heston (+39%). 

Beyond outer London, three Home Counties in particular are increasing in popularity among flatsharers. 

Rising Hertfordshire hotspots for housesharing include Baldock (+62%) and Broxborne (+60%), both connected by fast trains to London. Elstree (+36%), Borehamwood (+32%) and Radlett (+31%) – all well connected to central London by Thameslink – have all seen searches increase by around a third. 

Searches for Kings Langley (+28%) and central St Albans (+26%), which has one of the best commuter links north of London, are rising too. 

Essex is also a popular choice for flatsharers looking to migrate further out. High risers capturing attention behind Waltham Abbey (+113%) include Buckhurst Hill (+47%), and Chigwell (+30%), which are both on the Central line, Southend-on-sea (+42%), South Ockendon (+36%), market town Rayleigh (+30%) and Gidea Park (+29%) on the Elizabeth line.

In Surrey, it’s Walton-on-Thames (+50%), just 25-minutes from Waterloo, Reigate (+47%), Banstead (+45%), Virginia Water (+43%) and Guildford GU1 (+33%) and GU2 (+27%), that have seen the highest annual increases in flatsharer searches.

The average room rent in inner London is now £978 per month based on data from the first quarter of 2026, 27% higher than Q1 2020 (£773), before the pandemic caused chaos in the rental market. 

This article is taken from Landlord Today