Research on housing affordability by rental platform Ocasa has identified the cheapest postcodes across the capital with South Croydon (CR2) named the city's most affordable destination. Tenants in the Zone 5/6 area spend only 21% of their average household income on rent a year (£15,024). The next cheapest postcode is in nearby Sutton, where the average annual rent is £15,468, at 26% of the average household income. To the east in Bromley, annual rents inch upwards to £16,632, consuming a 27.5% share of the average household income (£60,500). The fifth cheapest area to rent is Ruislip in west London, where rents hit a yearly cost of £16,548, 28% of average income in the area.
London Evening Standard
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