The rental market in Stoke Newington is a vibrant one, and there are many great options for people looking for an affordable place to rent in a fantastic area of London.
At the start of December 2020, Rightmove had a total of 386 properties listed for rent in Stoke Newington.
The highest priced rental property was listed at £7,367 per calendar month (pcm) for a three bedroom flat in Olympic House on Somerford Grove. The next highest rental property was listed as £4,500 pcm, for a two-bedroom property on Kingsland High Street.
The lowest priced property was £440 pcm for a house share in Northwold Road and then a £500 pcm four-bedroom flat share on Olinda Road.
These are the extremes of the rental market in and around Stoke Newington, but it should indicate there is something for all range of budgets.
Of the 386 listed rental properties in Stoke Newington, only one is listed as a detached property and only two semi-detached properties are listed for let in the area.
Flats are the most common property for rent in Stoke Newington
There is an increase when it comes to terraced properties, but not by too much. There are 17 terraced properties listed for rent in and around Stoke Newington according to Rightmove at the start of December.
Therefore, it shouldn’t be a surprise that the most popular form of property available for rent in Stoke Newington is flats. There are 337 flats listed for rent, which is indicative of what the market has to offer.
There are 14 student halls available for rent in the Stoke Newington area, if this one area of the market you are interested in.
Breakdown of furnished types of property for rent in and around Stoke Newington:
- 187 properties are listed as furnished in the Stoke Newington rental market
- 104 properties are listed as part-furnished in the Stoke Newington rental market
- 156 properties are listed as unfurnished in the Stoke Newington rental market
Only 18 rental properties listed in Stoke Newington are classed as house-share rentals.
Garden space and parking spots are in high demand
The recent Zoopla rental search terms list, which placed gardens as the most popular search of the year, is a reminder of what people are looking for in a new rental property. With parking and garages also featuring in the top three, these are clearly crucial components tenants are looking for when they snap up a new home.
Of the 386 listed rental properties in Stoke Newington, 104 have been listed has having a garden. When you consider the abundance of flats for rent in the local area, this is a strong return. Also, there are many green and spacious areas within easy reach of most properties in this region.
If you are looking for property with a dedicated parking space, there are 56 listings with parking for rental property in Stoke Newington.
A total of 27 properties for rent in Stoke Newington are listed as offering a garden and parking space.
If you need any help or guidance regarding property matters, please get in touch. As your local housing market specialists, we will do what we can to ensure you make your next house move in style. Contact Hunters Stoke Newington today for all your housing and letting needs.