Renting a room in a shared home is among the most affordable choices in London. If you are interested in a temporary solution or just visiting London, you can find a place to stay in hostels, B&Bs, hotels and short stay accommodations.
Renting a Room
The cheapest option for renting in London would be to share a room with another person.
Rental cost for a shared room at a shared home is approximately £50 – £80 per week per person.
Single Room is approximately £75 – £120/week.
Double rooms are approximately £130 – £200/week.
En-suite rooms (with own bathroom) are around £160 – £250/week.
The rent generally includes all utilities and internet access. Normally there is a minimum stay of three to six months. You will likely need to pay a deposit that equals between one and two weeks worth of rent. Your deposit should be returned upon leaving the accommodation according to your lease arrangement that will also include the mandatory notice period.
Some agencies charge a one off fee e.g: registration, administration, credit check, etc, or it may be payable every time you renew your contract. You may also be asked to pay around £10 – £20 key deposit in case you lose them.
You will have to have your own duvet set and cover that you can buy for about £20 in ASDA, Ikea, Tesco, Argos, Wilko etc. Locate them on Google or in phone books e.g.: Yell.com, BT or order online Amazon.
To find a room, look around on Airbnb, Gumtree, Spareroom, Zoopla, Rightmove or get in touch with your local letting agents. Find them on Google or in phone books e.g.: Yell.com, BT.
Be aware of scams! Especially in the event that you want to lease directly from landlords. If you are requested to send money to anybody including yourself via Western Union or any other Money transfer services, with the intention of assessing if you have the necessary funds to pay the rent, then this is most likely a scam! If it’s too good to be true, likely it is. Be smart, make certain that it is a real deal.
Tourist accommodation in London
As a temporary solution, you may search for a tourist accommodation or a hostel until you find a suitable room.
Airbnb is one of the most popular accommodation search websites, where individuals as well as businesses can advertise their available rooms and flats.
Booking.com offers rooms from student hotels to 5 star hotels.
Trivago compares a given room price for different websites.
Prices in London for a Hostel dormitory room (6-21 beds) start around £15/night/person.
For Bed and Breakfast and hotel rooms begin arorund £40/night/room.
Hostels in London also offer long term accommodation. Private rooms prices start at approximately £150/week, Shared rooms (2-5 beds) around £100/week/person. Minimum stay is 7 – 14 nights.