Renting in London vs Nottingham
Side-by-side comparison of rental costs, market conditions, and living expenses to help you decide where to rent.
Rent Comparison by Property Size
| Property Type | London | Nottingham | Difference |
|---|---|---|---|
| Studio | £1,350/mo | £550/mo | +£800 |
| 1-Bed | £1,600/mo | £675/mo | +£925 |
| 2-Bed | £2,000/mo | £850/mo | +£1,150 |
| 3-Bed | £2,500/mo | £1,050/mo | +£1,450 |
| 4-Bed | £3,200/mo | £1,300/mo | +£1,900 |
2-Bed Rent Comparison
Market Statistics
| Metric | London | Nottingham |
|---|---|---|
| Average Yield | 4.2% | 6.5% |
| Rent Growth (YoY) | 5.8% | 5.7% |
| Demand Level | Very High | High |
| Average Deposit | £2,308 | £981 |
| Council Tax (Band D) | £1,927/yr | £2,139/yr |
Quick Verdict
For Affordability
Nottingham
£1,150/mo cheaper for a 2-bed
For Growth Potential
London
5.8% year-on-year growth
For Investment Yield
Nottingham
6.5% average yield
Monthly Cost of Living (2-Bed)
London
Nottingham
Living in Nottingham saves you approximately £1,133/mo on core housing costs.
Transport Links
London
Extensive Underground, Overground, Elizabeth Line, bus network, and national rail connections across all zones.
Nottingham
Nottingham mainline station, NET tram network, extensive bus routes, and East Midlands Airport nearby.
Popular Neighbourhoods
London
Nottingham
Our Verdict
London and Nottingham offer different rental experiences. Nottingham is the more affordable option, with 2-bed rents averaging £850/mo compared to £2,000/mo in London, saving renters £1,150 per month.
London is seeing stronger rent growth at 5.8% year-on-year, which may indicate increasing demand in the area. Nottingham offers better returns for landlords at 6.5% average yield.
Both cities have significant student populations, which drives demand for house shares and smaller properties. Ultimately, the best choice depends on your work location, budget, and lifestyle priorities.
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Properties in Nottingham
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View Nottingham Rental Guide