Hendon rental market report – July 2026: Latest rents, tenant demand and landlord insights

Hendon remains one of North-West London’s most established rental markets, attracting a broad mix of corporate and professional tenants, families and students attending the nearby Middlesex University. Excellent transport connections, ongoing regeneration and the delivery of high-quality new homes continue to support demand across the area.

London in general also remains one of the UK’s most resilient rental markets, underpinned by international migration and corporate relocations. During the spring, our Corporate Services department recorded an 18% increase in housing enquiries from global companies and relocation agents. Many of these tenants remain in occupation for several years, providing landlords with longer tenancies, reduced void periods and more dependable rental income.

Demand for professionally managed homes is also at its highest with almost 98% of applicants expecting property management to be in place before they sign a lease. As part of our core service offering, we therefore highly recommend landlords consider this service if they want to attract a long-term professional tenant.

Excellent transport links continue to attract London commuters

High-tech companies continue to take up office space at rapid speed in the capital as London swiftly emerges as a primary European hub for AI research, development and corporate expansion. US tech firm Anthropic – the maker of AI system Claude – is already attracting world talent as it offers hotel-style working space at its Triton Square building. As a result, we are recording a lot of interest for rental accommodation around Kings Cross, Euston and Fitzrovia now known as the “knowledge quarter”. Enquiries are therefore, increasing for properties along the Northern Line which makes Hendon an increasingly attractive option as professionals who want fast access can be at Kings Cross station within 19 minutes while enjoying more competitive rents.

Tenant demand strong at Hendon’s new Silkstream development

Although the Renters’ Rights Act has prompted some shifts in tenant behaviour, the rental market in Hendon NW4 and nearby NW9 remains robust. Interest continues to come from professional couples, sharers and young families who are increasingly discovering Berkeley St George’s Silkstream development due to its’ excellent transport links.

With more stock now available across Hendon, applicants have greater choice and are comparing options more carefully; however, the overall quality of specification and location at the Silkstream property development continue to set it apart. We are also seeing more families enquiring for larger apartments compared to earlier in the Spring with enquiries up 8 per-cent for 3 bed accommodation.

New homes are giving tenants more choice

As completions progress with new-build accommodation entering the market, new instructions are already emerging as more investor landlords are instructing us. Rents remain strong, even allowing for competing schemes in the wider Borough where according to the Office for National Statistics, the average monthly private rent across the London Borough of Barnet is approximately £1,931. Comparing this to furnished and professionally managed apartments at Lindley House Silkstream, we are achieving very good rents of up to £1,900 per month for one-bedroom units, up to £2,350 per month for two-bedroom units and up to £3,300 per month for three-bedroom units.

The newer phases are already attracting strong interest thanks to enhanced resident amenities, improved communal spaces and new apartment layouts. With greater choice now available across the area, tenants are comparing buildings, facilities, rental levels and overall value much more carefully before making a decision.

Hendon’s appeal continues to grow thanks to the area’s ongoing regeneration, improved public spaces and excellent transport links. Easy access to Central London, Brent Cross and the wider motorway network means the area appeals to a broad range of tenants, from young professionals to established families seeking more space.

Affordability and value for money still important to tenants

Our lettings team is increasingly finding that affordability and value for money are key priorities for prospective tenants. Parking also remains an important consideration, particularly for families and professionals who commute beyond central London. Homes for rent with a dedicated parking space are especially sought after, further enhancing their rental appeal and helping them stand out in an increasingly competitive market.

As Hendon continues to evolve we expect demand to remain robust for high-quality professionally managed homes in the months ahead. With two lettings branches nearby, our lettings team are able to advise on local rents and our local services include furnishings for rental properties, lettings, management and property resales. Get in touch

Key takeaways for Landlords:

• Tenant demand remains strong across Hendon NW4 and NW9 postcodes
• Corporate relocation enquiries continue to support the rental market
• Modern, professionally managed apartments remain highly sought after
• Larger family homes have seen increased enquiry levels during Q2 2026
• Average monthly rent across the London Borough of Barnet is approximately £1,931 (ONS)
• New completions at Silkstream Hendon are expanding rental choice while maintaining competitive rents.

Questions landlords often ask about letting property in Hendon

Is Hendon still a good area for buy-to-let investment?

Hendon continues to attract professionals, families, students and corporate tenants thanks to excellent transport links, ongoing regeneration and a growing supply of quality homes. Well-presented, professionally managed properties continue to generate healthy levels of tenant interest. Rental yields differ depending on type of stock but currently you can look to achieve 3.5 – 5.5 per cent.

What types of property are currently in greatest demand?

Modernised one and two-bedroom apartments remain the most popular with professionals and sharers, while demand for larger family homes has strengthened during 2026. Properties within easy walking distance of the Northern Line and Thameslink stations continue to attract the strongest levels of enquiry.

What rental income can landlords achieve in Hendon?

Rental values vary by location and specification. According to the ONS, the average monthly rent across the London Borough of Barnet is approximately £1,931, while high-quality apartments in newer developments such as Silkstream and Hendon Waterside are achieving above average rents.

Why is Hendon attracting more tenants?

Increased connectivity with good transport links, ongoing regeneration, the Middlesex University and easy access to Central London continue to attract a wide range of tenants. Growing employment around King’s Cross and the ‘Knowledge Quarter’ is also supporting demand.

Do tenants prefer professionally managed properties?

Yes. Across our London branch network, almost 98% of employed applicants expect professional property management to be in place before signing a tenancy, valuing responsive maintenance, clear communication and experienced local support.

Has the increase in new homes affected the rental market?

More property development completions coming to the rental market have given tenants greater choice, but demand for well-located, realistically priced and professionally managed homes remains strongest. Today’s tenants simply compare quality, facilities, local amenities and value for money more carefully before deciding on where to rent.