Rental Prices in Penge

Live asking rents — data to 20 July 2026, updated daily

Properties to Rent

241

43 new in last 14 days

Average Rent

£1,945 pcm

Median £1,650 pcm

Avg. Time on Market

276 days

Median 54 days

Rent Range

£850 to £3,000

Middle 90% of asking rents pcm

Market Breakdown

Data to:

Properties by Rent

Distribution of asking rents in Penge

Properties by Type

What's on the rental market in Penge

Properties by Bedrooms

Bedroom count distribution in Penge

Time on Market

How long properties have been listed in Penge

Rents by Property Type in Penge

Type Count Avg. Rent Median Avg. Days
Flat 180 £1,657 pcm £1,625 pcm 223
Terraced 7 £2,586 pcm £2,600 pcm 362
Semi-Detached 2 £2,550 pcm £2,550 pcm 75
Detached 1 £1,833 pcm £1,833 pcm 666

Rents by Bedrooms in Penge

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 92 £1,488 pcm £1,450 pcm 220
2 Bed 81 £1,816 pcm £1,800 pcm 326
3 Bed 21 £2,450 pcm £2,500 pcm 211
4 Bed 5 £2,940 pcm £2,800 pcm 63
5+ Bed 1 £6,000 pcm £6,000 pcm 99

Properties by Rent Range in Penge

Rent Range Count Avg. Days on Market Share
Under £250 pcm 9 631
4%
£250 – £500 pcm 2 607
1%
£500 – £1,000 pcm 4 299
2%
£1,000 – £2,000 pcm 171 268
71%
£2,000 – £5,000 pcm 52 228
22%
Over £5,000 pcm 3 223
1%

Properties by Time on Market in Penge

Duration Count Share
Less than 1 month 81
34%
1 – 2 months 44
18%
2 – 3 months 14
6%
3 – 4 months 7
3%
4 – 6 months 10
4%
6 – 9 months 7
3%
9 – 12 months 44
18%
12 – 18 months 8
3%
Over 18 months 26
11%

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