Ilford rental market report
A data-led look at the Ilford rental market — rents, yields, demand and the trends shaping Greater London.
Ilford at a glance
The Ilford rental market in Greater London is active and competitive, with average rents around £1,883 pcm and rents up roughly 6.4% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across IG1, IG2, IG3.
Average rent
£1,883 pcm
Average price
£633,000
Gross yield
4.3%
Rent growth (1yr)
+6.4%
Tenant demand
High
Avg. void period
14 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £770 | £9,240 |
| 1-bed flat | £1,467 | £17,604 |
| 2-bed flat | £1,834 | £22,008 |
| 3-bed house | £2,348 | £28,176 |
| 4-bed house | £3,026 | £36,312 |
Demand insights
Tenant demand in Ilford is currently high. Well-presented, compliant homes typically let within 14 days, and verified tenants on DR Rent are matched to suitable Ilford properties as soon as they list.
Market trends
- Rents in Ilford are up around 6.4% year on year.
- Average property prices have changed by about 2.2% over 12 months.
- High demand is keeping average void periods near 14 days.
- Compliance standards under the Renters' Rights Act are reshaping the Greater London market.
Related guides
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