Pricing · 8 min read · 2026-04-21
What Does Renting Actually Cost in 2026? — Per-City Breakdown
Honest 2026 rental costs across London, Tbilisi, Yerevan, Nairobi, Lagos, Bangalore — rent plus hidden costs plus deposit reality.
Quick answer. One-bed flat in 2026: 1,400–2,500 GBP in zone 2 London; 600–1,400 GEL in Tbilisi; 180,000–450,000 AMD in central Yerevan; 45,000–140,000 KSh in Nairobi; 400,000–1,500,000 NGN/year in Lagos Ikoyi/Lekki; 15,000–45,000 INR in Bangalore. Hidden costs (utilities, council tax, agency fees, deposit) add 15–40%.
True Cost Formula
- Rent + utilities + council tax + service charge + internet + amortised deposit.
London (Zone 2)
- One-bed: 1,400–2,500 GBP/month.
- Utilities: 120–250.
- Council tax (band C/D): 120–180.
- Deposit: 5 weeks rent (legal cap).
Tbilisi
- One-bed central: 600–1,400 GEL/month.
- Utilities: 80–200 GEL.
- Deposit: typically 1 month.
Yerevan
- Kentron one-bed: 180,000–450,000 AMD/month.
- Utilities: 25,000–70,000 AMD.
- Deposit: typically 1–2 months.
Nairobi
- Westlands/Kilimani one-bed: 45,000–140,000 KSh/month.
- Utilities: 3,500–9,000 KSh.
- Deposit: typically 1–2 months plus 1 month advance.
Lagos
- Ikoyi/Lekki one-bed: 400,000–1,500,000 NGN/year.
- Service charge: 150,000–500,000 NGN/year.
- Agency/legal: ~10% each of annual rent.
- Deposit: often 6–12 months upfront (distinctive Lagos structure).
Bangalore
- Koramangala/Indiranagar one-bed: 15,000–45,000 INR/month.
- Maintenance: 1,500–4,000 INR.
- Deposit: typically 10 months (distinctive of this market).
What Drives Rent Up or Down
- Central location, condition, furnished, shorter terms: up.
- Longer tenancy, off-peak, unfurnished, slightly-further: down.
How GeraRent Shows Costs
Every listing shows rent plus expected utility range, deposit, service charges, agency or legal fees. No hidden add-ons.
Next Step
Budget against true monthly cost, not headline rent. Filter listings by all-in cost on GeraRent.
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