Rental Prices in Penge

Live asking rents — data to 4 September 2026, updated daily

Properties to Rent

192

35 new in last 14 days

Average Rent

£1,989 pcm

Median £1,600 pcm

Avg. Time on Market

210 days

Median 52 days

Rent Range

£300 to £3,168

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 133 £1,641 pcm £1,575 pcm 158
Terraced 7 £2,186 pcm £2,400 pcm 23
Semi-Detached 2 £3,050 pcm £3,050 pcm 102
Detached 1 £1,833 pcm £1,833 pcm 712

Rents by Bedrooms in Penge

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 80 £1,475 pcm £1,450 pcm 173
2 Bed 53 £1,868 pcm £1,800 pcm 181
3 Bed 13 £2,342 pcm £2,400 pcm 95
4 Bed 5 £2,550 pcm £2,600 pcm 67
5+ Bed 3 £4,533 pcm £4,000 pcm 71

Properties by Rent Range in Penge

Rent Range Count Avg. Days on Market Share
Under £250 pcm 9 677
5%
£250 – £500 pcm 3 448
2%
£500 – £1,000 pcm 8 199
4%
£1,000 – £2,000 pcm 123 175
64%
£2,000 – £5,000 pcm 46 196
24%
Over £5,000 pcm 3 269
2%

Properties by Time on Market in Penge

Duration Count Share
Less than 1 month 64
33%
1 – 2 months 44
23%
2 – 3 months 15
8%
3 – 4 months 7
4%
4 – 6 months 12
6%
6 – 9 months 8
4%
9 – 12 months 15
8%
12 – 18 months 10
5%
Over 18 months 17
9%

Search Another Location

Find rental price data for any UK town, city, or postcode