Letting Agents in Islington

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Letting Agents in Islington

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Islington rental market overview

Islington's rental market is experiencing exceptional growth, with average rents increasing by 13.1% over the past 12 months to reach £2,681 per month. This substantial growth, significantly exceeding the national average of 8.6%, reflects the borough's enduring appeal to professionals and families seeking a central London location with character and excellent amenities.

Rental demand in Islington has surged by an impressive 22% compared to January 2024, creating a highly competitive market for tenants. With rent accounting for approximately 74% of the area's median wage, the market remains particularly strong for quality properties in well-connected locations, offering landlords strong returns despite the premium price points.

Average Monthly Rent in Islington

£2,012 PCM

1-Bedroom

£2,507 PCM

2-Bedroom

£2,800 PCM

3-Bedroom

Based on average rental prices in Islington as of April 2025

Rent Increase Over Last 12 Months

13.1%

Islington

8.6%

National Average

Year-on-year rental price growth as of April 2025

Popular Areas in Islington

Angel

Vibrant area with excellent amenities

Highbury

Popular with professionals and families

Canonbury

Sought-after for period properties

Market Trends in Islington

Rental demand increased by 22% compared to January 2024
Premium for properties with outdoor space or period features
Strong demand from young professionals and creative industries

Frequently Asked Questions

What makes Islington a desirable area for renters?

Islington is highly desirable due to its central location, excellent transport links (including multiple tube lines and bus routes), vibrant cultural scene, and diverse dining and entertainment options. The borough offers a mix of architectural styles, from Georgian townhouses to Victorian terraces and modern developments. Areas like Angel, Upper Street, and Highbury Fields provide green spaces, while the proximity to the City and West End makes it ideal for professionals. The area's creative atmosphere, independent shops, and strong sense of community further enhance its appeal.

What types of properties are available to rent in Islington?

Islington offers a diverse range of rental properties, from elegant Georgian and Victorian townhouses to converted period flats, ex-local authority apartments, and modern developments. Many period properties feature high ceilings, original fireplaces, and other character details, while newer builds often include amenities such as concierge services and gyms. The borough has a particularly strong market for one and two-bedroom apartments, which are popular with young professionals, while larger family homes can be found in areas like Barnsbury, Canonbury, and Highbury. Properties with outdoor space command a significant premium in this urban setting.

What should landlords know about Islington's rental market?

Landlords in Islington should be aware of the area's strong rental growth (13.1% year-on-year) and high tenant demand (up 22% from January 2024). The borough has selective licensing schemes in certain areas, requiring landlords to obtain licenses for rental properties. Properties with period features, good transport links, or outdoor space command premium rents. With average rents at £2,681 PCM and accounting for 74% of the median local wage, tenant expectations are high regarding property condition and management. The council's 7.7% increase in social housing rents may indirectly impact the private rental market, potentially driving more tenants to seek private rentals.

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