Canary Wharf rental market report
A data-led look at the Canary Wharf rental market — rents, yields, demand and the trends shaping Greater London.
Canary Wharf at a glance
The Canary Wharf rental market in Greater London is active and competitive, with average rents around £1,979 pcm and rents up roughly 6.7% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across E14.
Average rent
£1,979 pcm
Average price
£574,000
Gross yield
4.6%
Rent growth (1yr)
+6.7%
Tenant demand
High
Avg. void period
20 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £809 | £9,708 |
| 1-bed flat | £1,542 | £18,504 |
| 2-bed flat | £1,927 | £23,124 |
| 3-bed house | £2,467 | £29,604 |
| 4-bed house | £3,180 | £38,160 |
Demand insights
Tenant demand in Canary Wharf is currently high. Well-presented, compliant homes typically let within 20 days, and verified tenants on DR Rent are matched to suitable Canary Wharf properties as soon as they list.
Market trends
- Rents in Canary Wharf are up around 6.7% year on year.
- Average property prices have changed by about 1.6% over 12 months.
- High demand is keeping average void periods near 20 days.
- Compliance standards under the Renters' Rights Act are reshaping the Greater London market.
Related guides
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