Neighbourhood · 63rd best value of 333 neighbourhoods

Penge: rent by the square foot

£2.86 per sq ft a month, median

28% below the London median (£3.99).

Middle half: £2.45–£2.99 per sq ft
Median rent: £1,850 pcm
Median size: 700 sq ft
Live listings: 56, 20 measured

By number of bedrooms

Bedrooms	Measured	Median rent	Middle half	London median	Median size	Median £/sq ft	Listings
Studio	2	Not enough data					See them
1 bedroom	4	Not enough data					See them
2 bedrooms	12	£1,850	£1,800–£2,000	£2,800	714 sq ft	£2.86	See them
3 bedrooms	0	Not enough data
4+ bedrooms	2	Not enough data					See them

How we measure

Figures come from the 56 homes to rent in Penge that were live on 27 September 2026. We use only the listings with a size, read from the floorplan or stated by the agent. Short lets and rooms in shared homes are left out. The middle half is the range between the 25th and the 75th percentile. A figure needs at least 20 measured listings (10 for one bedroom row); below that we say so.

Most sizes are read from floorplans by an AI model. They are estimates and can be wrong, and so can every figure worked out from them.

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