Rental Prices in Penge

Live asking rents — data to 10 August 2026, updated daily

Properties to Rent

237

31 new in last 14 days

Average Rent

£1,930 pcm

Median £1,600 pcm

Avg. Time on Market

290 days

Median 62 days

Rent Range

£691 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 170 £1,627 pcm £1,600 pcm 244
Terraced 6 £2,358 pcm £2,325 pcm 416
Semi-Detached 4 £2,900 pcm £2,675 pcm 54
Detached 1 £1,833 pcm £1,833 pcm 686

Rents by Bedrooms in Penge

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 88 £1,470 pcm £1,438 pcm 242
2 Bed 75 £1,823 pcm £1,800 pcm 363
3 Bed 19 £2,397 pcm £2,450 pcm 221
4 Bed 5 £2,660 pcm £2,650 pcm 52
5+ Bed 3 £4,583 pcm £4,000 pcm 45

Properties by Rent Range in Penge

Rent Range Count Avg. Days on Market Share
Under £250 pcm 9 651
4%
£250 – £500 pcm 3 422
1%
£500 – £1,000 pcm 8 176
3%
£1,000 – £2,000 pcm 165 290
70%
£2,000 – £5,000 pcm 49 240
21%
Over £5,000 pcm 3 243
1%

Properties by Time on Market in Penge

Duration Count Share
Less than 1 month 68
29%
1 – 2 months 48
20%
2 – 3 months 16
7%
3 – 4 months 7
3%
4 – 6 months 12
5%
6 – 9 months 6
3%
9 – 12 months 43
18%
12 – 18 months 10
4%
Over 18 months 27
11%

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