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What You Can Rent for Under £1,000 a Month Around the World
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
The average rent price in London has now reached £1,500. It is no secret that private tenants in the UK are hit with spiralling rents, with little opportunity to get onto the property ladder.
Supposing that a renter is looking for very basic accommodation in London, this studio flat in Kensington can be let for £997 per month. But what would this rent (or less) get you in other parts of the world?
London, England: £997
Location: High Street Kensington
Specifications: Studio flat with bed, kitchen and toilet
Positives: Pleasant entrance hall
Paris, France: £854, €1,220
Location: 13th arrondissement
Specifications: 40 square metres of space, kitchen, toilet and shower room
Positives: Good for couples
Berlin, Germany: £875, €1,250
Location: Rosenthaler Platz
Specifications: Loft apartment with one bedroom and one bathroom
Positives: Plenty of space
Kathmandu, Nepal: £945, 150,000 Nepalese Rupees
Location: Sunakothi, Lalitpur
Specifications: House with four bedrooms and five bathrooms
Positives: Separate servant quarters, landscaped garden and swimming pool
Mumbai, India: £947, 94,000 Indian Rupees
Location: Poonam Nagar
Specifications: Three bedrooms, two bathrooms
Positives: Gym, swimming pool, jogging track and clubhouse
New York City, USA: £912, $1,425
Location: Prospect Park South, Brooklyn
Specifications: One-room apartment
Positives: Tenants can keep pets
Buenos Aires, Argentina: £947, 13,580 Argentinian Pesos
Location: Palermo Hollywood
Specifications: One bedroom, 1.5 bathrooms
Positives: Pool, gym and walk-in wardrobe
Shanghai, China: £597, 8,564 Chinese Yuan
Location: Xuhui district
Specifications: One bedroom, one bathroom
Positives: The flat has a Jacuzzi
Sydney, Australia: £920, 1,940 Australian Dollars
Location: Sydney’s central business district
Specifications: One bedroom, one bathroom
Positives: There’s space for a washing machine!
Moscow, Russia: £953, 85,000 Russian Rubles
Location: Aeroport district
Specifications: One-bedroom studio apartment, built-in stereo and large bathroom with sauna and bidet
Positives: The owner describes it as an LCD Airbus
Los Angeles, USA: £968, $1,512
Location: Downtown
Specifications: Studio apartment, one bathroom and a rooftop swimming pool
Positives: Grand chandelier in bedroom
Tokyo, Japan: £957, 185,000 Japanese Yen
Location: Suginami
Specifications: Three bedrooms and a living/dining/kitchen area
Positives: Hammock included
Nairobi, Kenya: £949, 150,000 Kenyan Shillings
Location: Westlands
Specifications: Two bedrooms, open-plan kitchen and great views
Positives: Two waterfalls in the complex
Cairo, Egypt: £788, 9,648 Egyptian Pounds
Location: 200 metres from the pyramids
Specifications: Four bedrooms, one bathroom and air conditioning
Positives: Great view of the pyramids
Cape Town, South Africa: £776, 15,000 South African Rand
Location: Sea Point
Specifications: Two bedrooms, one bathroom
Positives: Close to the sea
Rio de Janeiro, Brazil: £625, 3,107 Brazilian Real
Location: Santa Teresa
Specifications: Two bedrooms, one bathroom and a hammock
Positives: Located within an artistic neighbourhood
