Your actual rent will vary depending on the size of the home you rent, and which borough you will be renting in. Your rent is based on a third of average local household incomes and adjusted for the number of bedrooms in each home, but your rent will be capped at no more than 80% of a market rent figure for that home in that area of London.
For example, the average monthly rent for a 2 bedroom home being offered with London Living Rent is £1,030 per month.