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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.

rental cost 2026rent londonrent tbilisirent bangaloregerarent pricing