Current Market Rents in Penge
Actual asking rents for rental properties calculated daily
Current market rents in Penge represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in Penge with our Asking Rents Report for Penge.
Summary of Rental Properties in Penge
| Total rental properties in Penge: | 119 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £1,911 |
| Median rent: | £1,700 |
| Average time on market (ToM) of unlet property in Penge: | 116 days |
| Median time on market (ToM) of unlet property: | 27 days |
Rental Properties in Penge by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 37 days |
| £250 to £500 pcm | 0 | 0 days |
| £500 to £1,000 pcm | 3 | 77 days |
| £1,000 to £2,000 pcm | 78 | 138 days |
| £2,000 to £5,000 pcm | 36 | 76 days |
| over £5,000 pcm | 1 | 3 days |
Rental Prices in Penge by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 47 | £1,521 | £1,500 | 88 days |
| Two bedrooms | 37 | £1,858 | £1,800 | 193 days |
| Three bedrooms | 19 | £2,350 | £2,300 | 31 days |
| Four bedrooms | 7 | £2,636 | £3,000 | 156 days |
| Five bedrooms | 3 | £3,717 | £3,700 | 74 days |
Rental Prices in Penge by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 83 | £1,693 | £1,600 | 131 days |
| Terraced | 9 | £2,278 | £2,300 | 57 days |
| Semi-detached | 5 | £3,070 | £3,000 | 118 days |
| Detached | 5 | £2,773 | £1,833 | 91 days |