London remains cheap – among global financial centres

24th March 2017

Analysis by US apartment search site RentCafe indicates that among the globe’s top financial cities, London's average rents remain among the most affordable. RentCafe found that average rent prices for one-bedroom flats between 600 and 999 sq ft cost $1,650 (£1330) in London – but would set a New Yorker back double the amount at $3,680. Overall, 19 other cities had more expensive rent than London. The cheapest of European financial hubs is Munich, with average rents at $1,110, with Casablanca coming in as the cheapest globally, at $820.

City AM (20/03/2017)