Southwark
Borough · London · United Kingdom
South London borough from the South Bank and London Bridge down through Bermondsey, Peckham and Camberwell to leafy Dulwich. Large council estates beside new towers at Elephant and Castle.
Overview
Good for
Young professionals; short trips to the City and South BankWatch out for
High rents near the river; patchy Tube in the southNeighborhoods
Rent
The median monthly rent of a two-bedroom home in Southwark was £2,250 in 2025/26, 11% above the London average. It is the 11th most expensive of 33 boroughs.
| Home size | Median rent / month |
|---|---|
| Room | £875 |
| Studio | £1,650 |
| 1 bedroom | £1,800 |
| 2 bedrooms | £2,250 |
| 3 bedrooms | £2,750 |
| 4+ bedrooms | £3,500 |
Median monthly rent of two-bedroom homes let privately, as recorded by Rent Officers (ONS). Rents vary a lot by street and building, and ONS advises caution when comparing areas because the sample is not random. Source: ONS – Private rental market in London, April 2025 to March 2026.
Rent by postcode district in Southwark
Median monthly rent recorded in each postcode district (ONS). Districts are placed in the borough that contains their centre and often spill into neighbouring boroughs; small samples make these figures rougher than the borough ones.
| District | Includes (wards) | 1 bedroom | 2 bedrooms |
|---|---|---|---|
| SE1 | Borough & Bankside, Chaucer, Faraday, Kennington, London Bridge & West Bermondsey, North Bermondsey | £2,024 | £2,500 |
| SE5 | Brixton North, Camberwell Green, Champion Hill, Dulwich Village, Faraday, Herne Hill & Loughborough Junction | £1,700 | £2,000 |
| SE15 | Goose Green, New Cross Gate, Nunhead & Queen's Road, Old Kent Road, Peckham, Peckham Rye | £1,575 | £2,000 |
| SE16 | Evelyn, London Bridge & West Bermondsey, New Cross Gate, North Bermondsey, Old Kent Road, Rotherhithe | £1,913 | £2,350 |
| SE17 | Faraday, Newington, North Walworth | £1,825 | £2,150 |
| SE21 | Dulwich Village, Dulwich Wood, Gipsy Hill, St Martin's, West Dulwich | £1,625 | £1,800 |
| SE22 | Champion Hill, Dulwich Hill, Dulwich Village, Dulwich Wood, Goose Green, Peckham Rye | £1,600 | £2,000 |
- 1,550–1,700
- 1,700–1,800
- 1,800–2,000
- 2,000–2,350
- 2,350–3,563
Who lives here
| Southwark | London | |
|---|---|---|
| Population | 307,635 | 8,799,725 |
| One-person households | 33.1% | 29.3% |
| Children under 15 | 15.8% | 18.1% |
| Aged 15–24 | 13.5% | 12.3% |
| Aged 65 and over | 8.3% | 11.9% |
| Social housing rentals | 39.7% | 23.1% |
| Private rentals | 28.7% | 30.0% |
| Owner-occupied homes | 31.3% | 46.8% |
Source: ONS – Census 2021 (Nomis: TS007A, TS054, TS003) (2021).
Similar areas in London
similar rent and residents
- Lambeth · £2,250
- Hammersmith and Fulham · £2,280
- Hackney · £2,400
- Tower Hamlets · £2,300
Getting around
- Jubilee, Northern, Bakerloo lines; Overground; Thameslink
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