Lambeth property market
In Lambeth (London) the average private rent is £2,527/month (ONS, May 2026) and the average house price is £558,911 (HM Land Registry, April 2026). That puts rent 83% above and house prices 107% above the UK average. The gross rental yield works out at 5.4%.
- Average rent
- £2,527/mo
- +5.9% YoY
- Average house price
- £558,911
- -0.2% 12m
- Gross rental yield
- 5.4%
- UK avg 6.1%
- Price-to-rent
- 18.4
- UK avg 16.3
Rent vs buy in Lambeth
The average home in Lambeth costs about 18.4 years of average rent (price-to-rent ratio 18.4), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
Nearby areas in London
- Harrow£1,759/mo · £527,239
- Brent£2,005/mo · £547,995
- Ealing£2,060/mo · £556,675
- Kingston upon Thames£1,803/mo · £571,088
- Southwark£2,394/mo · £572,455
- Barnet£1,934/mo · £587,297
Frequently asked questions
- What is the average rent in Lambeth?
- The average monthly private rent in Lambeth is £2,527, according to the ONS Price Index of Private Rents (May 2026), +5.9% over the past 12 months. The UK average is £1,383.
- What is the average house price in Lambeth?
- The average house price in Lambeth is £558,911 (HM Land Registry UK House Price Index, April 2026), -0.2% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Lambeth?
- Dividing the average annual rent (£30,324) by the average house price (£558,911) gives a gross rental yield of 5.4% in Lambeth. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in Lambeth?
- In Lambeth the average house price equals about 18.4 years of average rent (price-to-rent ratio 18.4). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.