Cheapest areas for students to live in London

As we all know London is generally a rather pricy place to rent but fear not, there are ways to do it on a budget. And there’s no time in your life when you are more likely be on a budget than when you are a student. Here are some great tips and places to use when you are looking for a cheap place to rent in London.

Sharing saves you a lot of money

Okay, sorry to break it to you you’re not going to be able to afford that 4 bedroom apartment just off Covent Garden (unless you are very wealthy), this means there are a few choices to make. Would you be happy sharing a house with friends or would you be happy sharing a house or flat with people you don’t know? Or would you strive to find a small studio flat even if it meant getting up super early to commute into London for lectures?

Our findings

Okay here we go, these our current top 5 areas for cheap accommodation for student renting in London.If you want you can find the best area of London for individual requirements.

Walworth

Average 2 bed rents are slightly higher at £330 per week but you are in very central and have fantastic transport links. View more details in our Walworth area profile

Woolwich

Average 2 bed rents are the lowest in our selection at £230 per week, it has good transport links including a DLR line and a ferry crossing. There is a payoff of being slightly further out with the much cheaper rental price. View more details in our Woolwich area profile

Deptford

Average 2 bed rents are on the higher side at £334 per week but it is situated closer to central London and also has good transport links. View more details in our Deptford area profile

Stratford

Average 2 bed rents are above average at £291 per week, this area has had a large regeneration project due to the London Olympics. This results in new buildings great transport links, new retail areas and plenty of green open spaces. View more details in our Stratford area profile

Clapton

The average 2 bed rents are the highest of our selected areas at £350 per week, this Northeast area is very well established and has good transport links. Nearby areas such as Shoreditch have become a hotspot for younger people in London and this has boosted the area’s popularity. View more details in our Clapton area profile

Wembley

Average 2 bed rents are about average at £289 per week, this North West area has great transport links and plenty to offer on a night out and for entertainment. View more details in our Wembley area profile

So many areas offer different things

There are a vast amount of areas for students to choose from, it’s worth using our free tool to [find the best areas for students to live in London]. This will match your precise requirements with areas of London.

Let us know how you get on finding the best area on twitter @rentonomy


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