London city: Median Gross Rent Trend
How London city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$769
2023
$912
Total change
+$143
% change
+18.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $769 | — |
| 2019 | $811 | +$42 (5.5%) |
| 2020 | $780 | $31 (-3.8%) |
| 2021 | $812 | +$32 (4.1%) |
| 2022 | $840 | +$28 (3.4%) |
| 2023 | $912 | +$72 (8.6%) |