How much do short term rentals cost in City Of London?

Short term rental prices in City Of London vary by property type and duration. Expect to pay a premium over long-term rental rates, which in City Of London typically range from £2,700.

Who are short term rentals in City Of London suitable for?

Short term rentals in City Of London suit professionals on temporary placements, relocating families, international students, and visitors seeking a homely alternative to hotels in City of London.

Are short term rentals in City Of London easy to find?

Yes. City Realtor specialises in short term rentals across East London, including City Of London. We maintain a curated list of properties in EC1 and surrounding postcodes.

Short Term Rentals in City Of London

Looking for short term rentals in City Of London? City Realtor explores the benefits, costs, and options for temporary stays in London.

Property Prices in City Of London

Average: £700,000
Flats from: £640,000
Houses from: £1,000,000
Typical rent: £2,700/mo

Location

Borough of City of London
Postcodes: EC1, EC2, EC3, EC4
1

Nearest Stations

Bank
Monument
Cannon Street
Blackfriars

The City of London — the Square Mile — is the ancient financial heart of the capital, with a residential population of around 9,000 but a daily working population of over 500,000. Properties are predominantly modern apartments in landmark developments, sought after by finance professionals, corporate tenants, and investors attracted by walk-to-work convenience and prestige. The area borders some of London's most exciting neighbourhoods including Shoreditch, Clerkenwell, and Bermondsey.

Why Choose Short Term Rentals in City Of London

Short term rentals in City Of London offer a blend of flexibility and convenience, making them an excellent choice for professionals on temporary contracts, students enrolled in short courses, or families relocating to London. Unlike traditional long-term leases, these rentals allow tenants to stay for weeks or months without the burden of lengthy commitments.

In recent years, the demand for short term rentals has surged. Given London's fast-paced housing market, tenants value the ability to quickly secure furnished accommodations while retaining the freedom to move as their circumstances evolve.

Costs of Short Term Rentals in City Of London

The cost of short term rentals in City Of London can vary significantly based on factors such as property size, location, and available amenities. Generally, these rentals are priced higher per month compared to long-term tenancies, reflecting their flexibility and fully furnished nature.

Central districts and popular boroughs like City of London tend to command premium prices, while areas further from the city center may offer more budget-friendly options. Additional costs such as utilities, cleaning services, and deposits should also be factored in.

Benefits of Short Term Rentals

Flexibility to move without being tied to a long contract;
Fully furnished properties ready for immediate occupancy;
Access to desirable locations in London without long-term financial commitment;
Practical choice for professionals, students, or families in transition;
The opportunity to explore different boroughs before settling down;

Factors that Affect Rental Price in City Of London

Several factors influence pricing of short term rentals in City Of London. Proximity to public transport, particularly Underground and rail connections such as Bank, Monument, Cannon Street, Blackfriars, Moorgate, Liverpool Street, Mansion House, St Paul's, Aldgate, is a significant consideration. The condition and style of the property, including whether it has been recently renovated, also affect rental prices.

Demand typically peaks during the summer and autumn months, coinciding with professional relocations and the arrival of students for new academic terms. Fully serviced apartments offering amenities like Wi-Fi, cleaning, and concierge services usually come at a higher cost than basic short lets. The length of the lease, ranging from a few weeks to several months, further impacts the overall price.

Who Chooses Short Term Rentals in City Of London

A diverse range of tenants is drawn to short term rentals in City Of London. Finance and legal professionals, Corporate tenants, International investors make up a significant share of the rental market here. Professionals moving for work seek flexible accommodation while settling in, students use short lets during courses, and families in transition prefer temporary housing while searching for a permanent home.

The The Elizabeth line at Liverpool Street and Farringdon gives direct access to Heathrow in 30 minutes, making the City ideal for international executives. makes City Of London particularly well-suited for short stays, and ongoing demand from both domestic and international tenants keeps the market active year-round.

Trends in the Short Term Rental Market in City Of London

Demand for high-quality short lets in City Of London has grown steadily. The area's walk-to-work for the financial district and exceptional transport connectivity attract tenants who want more than just a temporary address. Build-to-rent schemes and serviced apartments now provide tailored short-stay packages with modern furnishings and on-site amenities. There is also growing demand for properties with dedicated workspaces, driven by the rise of hybrid working among City Of London's finance and legal professionals tenant base.

Tips for Renting Short Term in City Of London

Determine the length of stay and budget, including utilities and deposits;
Decide whether a serviced apartment or private rental best meets your needs;
Research the area to ensure proximity to transport, work, or study locations;
Gather necessary documents and references to secure a property swiftly;
Carefully review tenancy terms, including notice periods and included services;

Value of Short Term Rentals

While short lets are not intended as permanent housing solutions, they play a vital role in the London property landscape. They offer tenants the flexibility to adapt to personal or professional changes while enjoying high-quality accommodations. For landlords, short term rentals often yield higher returns compared to traditional leases. For tenants, the advantages lie in convenience, flexibility, and the opportunity to explore London before making a long-term commitment.

Conclusion

The market for short term rentals in City Of London is dynamic, diverse, and well-suited to modern tenants. With options ranging from serviced apartments to fully furnished homes, short lets provide both flexibility and convenience in one of the world's most vibrant cities. City Realtor recognises that renting in London is about more than just finding a place to stay. By prioritizing flexibility, location, and lifestyle, tenants can make informed decisions and fully enjoy everything City Of London has to offer. Short term rentals strike the perfect balance between comfort and convenience, making them an essential component of the London rental market.

About City Of London

Typically popular with: finance and legal professionals, corporate tenants, international investors, executives

What Makes City Of London Unique

Walk-to-work for the financial district
Exceptional transport connectivity
Premium corporate rental demand
Iconic architecture and history
Proximity to Shoreditch and Clerkenwell's dining scenes

Professional Tenants and Buyers in City Of London

City Of London is a well-connected address for professionals commuting across central London and Canary Wharf, where transport links, local amenities, and residential quality combine in a practical package. The City of London — the Square Mile — is the ancient financial heart of the capital, with a residential population of around 9,000 but a daily working population of over 500,000. Properties are predominantly modern apartments in landmark developments, sought after by finance professionals, corporate tenants, and investors attracted by walk-to-work convenience and prestige. The area borders some of London's most exciting neighbourhoods including Shoreditch, Clerkenwell, and Bermondsey. Key characteristics of the area include Walk-to-work for the financial district, Exceptional transport connectivity, Premium corporate rental demand. Demand is consistently driven by finance and legal professionals and corporate tenants, a demographic profile that keeps void periods low and supports both sales and lettings. Average property prices of £700,000 and typical monthly rents of £2,700 reflect the strength of that demand — and the long-term confidence buyers and investors place in City Of London as an address. The Elizabeth line at Liverpool Street and Farringdon gives direct access to Heathrow in 30 minutes, making the City ideal for international executives.