![How much does the world spend on rent?](/new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=100&hash=DE46FD1FD0579171C52071FB7578F239| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=200&hash=612EBFC4173F73F3CF1D0905815D985F| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=300&hash=6919717402EA0FC513FC22BCC9658F51| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=400&hash=0D5283C20B6D681BB368ED0D2324EBC4| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=500&hash=6C871B711FB5352FB6B9D1E711BE3A80| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=600&hash=A1E78D59CB8F7BCE789F9429BBBF1C02| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=700&hash=5A87D146BA4D1849AD72E91C7B1725F7| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=800&hash=8B465306EBC13A733ACD121764F49FF0| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=900&hash=F0F319D6D6A2003376FA7EC78D69934A| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=1000&hash=32EDDB201C6D756F372ED6F64B58995F| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=1100&hash=F929D37201E3E723C0F0BBCDAF4FA288| /new-homes/london/-/media/london-article-pages/wp-content/uploads/2017/08/screenshot20170801at110645png.png?w=1200&hash=B71F68736E2676C89BA53A80D768BB95)
As renting a property in London becomes more costly, Londoners are realising that buying their own home is now the preferred budget option for the long-term. We look at average rent prices in the leading cities across the globe to find out how London’s rental market compares.