England

Lambeth area profile

The median home in Lambeth costs £538,000 and the average two-bed private rent is £2,342/month (August 2026, ONS PIPR). Less affordable than average.

Median house price
£538,000
Affordability
11.1× salary
Typical salary
£48,700
2-bed average rent, August 2026
£2,342/mo
Avg sold price
£530,000
Deprivation (IMD)
4/10

Affordability in Lambeth

Homes in Lambeth cost about 11.1× the typical full-time salary, versus 7.6× across England & Wales. That makes it harder to afford than most of the country.

Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.

Renting in Lambeth

Average monthly private rents in Lambeth, August 2026. Source: ONS Price Index of Private Rents — an average across new and existing tenancies, so newly advertised rents usually sit above it.
Property sizeAverage rent (pcm)Change on a year
1 bed£1,882+3.8%
2 bed£2,342+3.6%
3 bed£2,682+3.8%
4+ bed£3,715+3.3%
All sizes£2,525+3.7%

Who lives in Lambeth

Census 2021 figures, averaged across the area's neighbourhoods.

35.2%
Owner-occupied
Homes owned outright or with a mortgage
30.9%
Privately rented
Share of homes rented from a private landlord
55.9%
Degree-educated
Adults with a level-4+ qualification
15.4%
Children
Residents aged under 16
8.4%
Retired
Residents who are retired
49.5%
Work from home
Workers based mainly at home
57.3%
Car-free homes
Households with no car or van
4/10
Deprivation
1 = most deprived, 10 = least (IMD decile)

Frequently asked

What is the average house price in Lambeth?

The median house price in Lambeth is £538,000 (ONS, 2025), about 11.1× the typical full-time salary.

How much is rent in Lambeth?

The average private rent for a two-bedroom home in Lambeth is £2,342 per month (ONS Price Index of Private Rents, August 2026). It averages existing tenancies as well as new lets, so newly advertised rents are usually higher.

Where does this Lambeth data come from?

House prices and affordability ratios come from ONS. Rents are average private rents from the ONS Price Index of Private Rents, for the latest published month. Demographics are Census 2021 figures aggregated to local-authority level. England & Wales only.

Explore Lambeth

Looking at a specific home in Lambeth?

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← All areasSources: ONS, ONS Price Index of Private Rents, Census 2021 · Open Government Licence