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