12:01 AM, 20th March 2026, 2 months 
ago Occupants across London are dealing with a tightening supply, with just a small share of homes offered to let as the Renters ‘Rights Act approaches.
Research study from Benham and Reeves puts the number at 34,776 homes currently listed from an estimated private leased stock of 1,188,368.
That leaves just 2.9% of residential or commercial properties on the market at any one time.
Waltham Forest and Enfield both sit at 1.3%, while Barking and Dagenham follows at 1.4%.
Havering and Redbridge are at 1.5%, and Bexley, Hackney and Haringey each can be found in at 1.6%.
Nevertheless, the firm is likewise warning that property managers selling up will aggravate the supply for renters.
More property managers will leave
Marc von Grundherr, a director of Benham and Reeves, said: “Rental market supply will always ups and downs and we are seeing some increase to stock, most especially by means of the ongoing growth of the build to lease sector.
“Nevertheless, the reality is that those searching for a rental home in London deal with an extremely tough task, with just a minute proportion of total stock really available to new occupants at any one time.”
He added: “It’s this imbalance that continues to drive long waiting lists, increasingly desperate tenant methods such as paying six to 12 months’ lease upfront, and the sustained upward pressure on rental worths across the capital.”
The firm is also warning that with the Renters’ Rights Act approaching, there’s a ‘genuine risk’ that more property owners will seek to exit the PRS to limit supply further.
District breakdown of supply
Throughout a wider spread of boroughs, availability holds at around 2% or listed below with Newham recording 2% and Lewisham 1.8%.
Nevertheless, Bromley and Sutton are both at 1.7%. T
Central districts show greater figures, though that’s still a minority of the general stock.
For instance, Kensington and Chelsea reaches 8.4%, with Westminster at 7.4%.