Right Rent Logo

Renting in Old Street, London

  • Amelia Townsend
  • 20th August 2023
  • 7:47am
Renting in Old Street, London

Renting in Old Street, London: A Guide to the Trendy Hub of Creativity

Old Street, located in the vibrant heart of London, is a bustling town that seamlessly blends history, culture, and modernity. Nestled within the borough of Islington, this eclectic neighbourhood has become a sought-after destination for renters looking for a slice of urban living.

A Brief Overview

Old Street, often referred to as Silicon Roundabout due to the concentration of tech companies in the area, offers a unique mix of old-world charm and contemporary energy. Its central location provides easy access to the rest of the city, with excellent transport links connecting residents to the rest of London.

Historical and Cultural Background

Steeped in history, Old Street has witnessed significant transformation over the years. Once an industrial hub, it has evolved into a hotbed of creativity and innovation. The area is home to numerous art galleries, theatres, and music venues, attracting artists, musicians, and performers from all walks of life.

Old Street is also known for its rich cultural heritage, with landmarks such as St. Luke’s Church and the Curtain Theatre, where Shakespearean plays were once performed. Exploring the town’s streets reveals a tapestry of architectural styles, from Georgian townhouses to modern high-rise buildings, providing a visual feast for history enthusiasts and architecture lovers alike.

Popularity Among Renters

Old Street’s unique blend of history, culture, and contemporary flair has made it a magnet for renters seeking a vibrant and dynamic lifestyle. The area’s proximity to the financial district of the City of London has also contributed to its popularity, attracting young professionals looking for convenient commutes and a thriving social scene.

Additionally, Old Street boasts a diverse range of rental properties, from stylish apartments to converted warehouses, catering to a variety of tastes and budgets. The town’s vibrant atmosphere, with its trendy bars, restaurants, and independent shops, ensures there is always something to see and do.

Whether you are a young professional, an artist, or simply someone seeking a unique London experience, renting in Old Street offers a lifestyle that is both exciting and enriching. In this blog series, we will delve deeper into the rental market, exploring the best areas to live, the average rental prices, and tips for finding your ideal home in this vibrant London town.

Types of Properties Available

Old Street, located in the vibrant heart of London, offers a variety of housing options for renters. The area primarily consists of flats and apartments, ranging from modern high-rise buildings to charming period conversions. There are also a limited number of houses available, although these tend to be in high demand.

Average Rent Prices

Rent prices in Old Street can vary depending on the type of property and its location. On average, a one-bedroom flat can cost around £1,700 to £2,500 per month, while a two-bedroom flat can range from £2,500 to £4,000 per month. For those seeking larger spaces, three-bedroom flats or houses can be found starting from £4,000 per month. It’s worth noting that rental prices in Old Street are generally higher than the London average due to its central location and popularity.

Popular Neighbourhoods for Renters

Old Street is surrounded by diverse and sought-after neighbourhoods that offer unique living experiences. Shoreditch, with its trendy atmosphere and creative scene, is a popular choice among young professionals. Clerkenwell, known for its historic charm and abundance of dining options, appeals to those seeking a more relaxed lifestyle. Hoxton, on the other hand, offers a mix of artistic venues and trendy bars, attracting a vibrant and energetic crowd. These neighbourhoods provide an array of amenities, including shops, restaurants, and entertainment options, making them ideal choices for renters in Old Street.

Stay tuned to learn more about transportation and connectivity in Old Street, London!

Public Transport Options

Old Street in London is well-served by public transport, making it an ideal location for renters. The area is primarily served by the Old Street Underground station, which is on the Northern Line. Additionally, the nearby Moorgate and Liverpool Street stations provide access to multiple train lines, including the Circle, Hammersmith & City, Metropolitan, and Central Lines.

In addition to the Underground, there are several bus routes that pass through Old Street, providing convenient transportation options to various parts of the city. These buses offer a reliable and affordable way to commute for those who prefer not to travel underground.

Accessibility to Nearby Cities and Towns

Old Street’s central location in London makes it easily accessible to nearby cities and towns. With excellent transport connections, renters in Old Street have the convenience of travelling to places like Cambridge, Brighton, or Oxford within just a couple of hours.

Average Commute Times

Thanks to its central location and excellent transport links, Old Street offers relatively short commute times for its residents. The average commute time from Old Street to other central London locations is around 20-30 minutes, depending on the destination. Commuters can save valuable time and enjoy a hassle-free journey to work or other parts of the city.

To find out more about the local amenities available in Old Street, London, continue reading our next blog post!

A. Shopping centres and high streets

Old Street, located in the heart of London, offers a plethora of shopping options for residents. The area is home to several shopping centres and high streets that cater to all tastes and preferences. Whether you’re looking for high-end designer stores or vintage boutiques, Old Street has it all.

The popular shopping centres in the area include Angel Central, a multi-level shopping mall with a range of shops, restaurants, and entertainment options. Additionally, there is the trendy Boxpark, a pop-up mall constructed from shipping containers, which showcases a mix of independent retailers, food vendors, and unique brands.

B. Parks and recreational areas

For those who enjoy the outdoors, Old Street offers a variety of parks and recreational areas to explore. One such park is Shoreditch Park, which boasts open green spaces, sports facilities, and a children’s play area. It’s the perfect spot for a leisurely stroll or a picnic on a sunny day.

Another notable recreational area is Hoxton Square, a vibrant public space lined with cafes, bars, and restaurants. This square often hosts events and live performances, providing residents with a lively and dynamic atmosphere.

C. Healthcare facilities

When it comes to healthcare, Old Street doesn’t disappoint. The area is well-served by a range of healthcare facilities, including hospitals, clinics, and medical centres. The Moorfields Eye Hospital, located in the vicinity, is a renowned institution specializing in eye care and treatment.

Additionally, there are several GP practices and clinics in the area, ensuring residents have easy access to healthcare services. With a range of options available, Old Street residents can rest assured knowing they are well-catered for in terms of their healthcare needs.

D. Educational institutions

Old Street is home to a variety of educational institutions, making it an ideal location for families with children. There are several primary and secondary schools in the area, known for their high standards of education and excellent facilities.

For those pursuing higher education, Old Street offers proximity to renowned colleges and universities. The area is within easy reach of institutions such as City, University of London, and London Metropolitan University, providing ample opportunities for furthering one’s academic pursuits.

With a range of shopping centres, parks, healthcare facilities, and educational institutions, Old Street has all the amenities and facilities necessary for a comfortable and convenient lifestyle. Read on to discover the wide array of leisure and entertainment options available in this vibrant London neighbourhood.

Pubs, Restaurants, and Cafes

Old Street in London is a vibrant and bustling area with a wide range of options when it comes to pubs, restaurants, and cafes. Whether you’re looking for traditional British pubs, trendy cocktail bars, or international cuisine, Old Street has it all. From the famous Ye Olde Mitre Tavern, with its historic charm, to the modern and stylish Hoxton Grill, there is something to suit every taste and budget.

Cultural and Historical Attractions

For those interested in history and culture, Old Street offers a wealth of attractions. The Barbican Centre, a world-class performing arts venue, hosts a variety of concerts, theatre productions, and art exhibitions. The Museum of London, located nearby, provides a fascinating insight into the city’s past. Additionally, the Old Street area is known for its street art, with many walls adorned with colourful and thought-provoking murals.

Sports and Fitness Facilities

Keeping fit and active is easy in Old Street, with a range of sports and fitness facilities available. The local leisure centre offers a swimming pool, gym, and various fitness classes. There are also several parks and green spaces in the area, providing opportunities for outdoor activities such as jogging or cycling.

Local Events and Festivals

Old Street is known for its vibrant and lively atmosphere, with a calendar full of local events and festivals. From food and drink festivals to music and art events, there is always something happening in this part of London. The annual Old Street Summer Festival is a highlight, featuring live performances, street food, and family-friendly activities.

If you’re considering renting in Old Street, London, you’ll be spoilt for choice when it comes to leisure and entertainment options. To find out more about the community in Old Street, read on!

Community and Lifestyle in Old Street, London

A. Demographics and Diversity

Old Street is a vibrant and diverse neighbourhood located in the heart of London. It attracts a wide range of residents, including young professionals, artists, and entrepreneurs. The area has a reputation for its thriving tech scene, with many tech startups and co-working spaces calling Old Street home. This mix of residents creates a dynamic and lively community atmosphere.

B. Safety and Crime Rates

When it comes to safety, Old Street is generally considered a safe neighbourhood to live in. The area benefits from regular police patrols, CCTV cameras, and a strong sense of community vigilance. However, like any other urban area, it is always advisable to take basic precautions, such as being aware of your surroundings and securing your property.

C. Social Clubs and Networking Opportunities

Old Street offers a plethora of social clubs and networking opportunities, making it easy to connect with like-minded individuals. Whether you’re interested in joining a sports club, attending creative workshops, or networking with professionals in your industry, you’ll find plenty of options in the area. From co-working spaces hosting regular events to trendy bars and restaurants, there are countless opportunities to socialize and expand your network.

If you’re considering renting in Old Street, London, you’re in for a treat. In the upcoming article, we’ll delve into the pros and cons of living in this vibrant neighbourhood, exploring everything from transportation and amenities to the cost of renting. Stay tuned to discover if Old Street is the perfect place for you to call home.

Advantages of Renting in Old Street, London

Old Street, located in the heart of London, offers several advantages for those looking to rent a property:

1. Central Location

One of the key benefits of renting in Old Street is its central location. Situated in the borough of Islington, Old Street provides easy access to the rest of London. The area is well-connected by public transport, making it convenient for commuting and exploring the city.

2. Vibrant Lifestyle

Old Street is renowned for its vibrant and dynamic atmosphere. With a plethora of trendy bars, restaurants, and art galleries, there is always something happening in this part of the city. Renters can enjoy a lively social scene and a wide range of cultural activities.

3. Tech Hub

Old Street, often referred to as “Silicon Roundabout,” is a major tech hub in London. Many startups and tech companies have established their offices in this area, creating a thriving business environment. Renting in Old Street can provide excellent networking opportunities and potential career prospects for individuals in the tech industry.

Potential Drawbacks or Challenges

While there are several advantages to renting in Old Street, there are also some potential drawbacks to consider:

1. High Cost of Living

As a highly sought-after area, renting in Old Street can come at a premium price. The cost of living, including rental prices and everyday expenses, tends to be higher compared to other parts of London. Prospective renters need to carefully evaluate their budget to ensure they can afford the lifestyle in Old Street.

2. Noise and Crowds

Old Street is known for its bustling and lively atmosphere, which may not suit everyone. The area can get noisy, especially during weekends and evenings, due to the large number of bars and clubs. Additionally, the streets can become crowded, particularly during peak hours. Renters seeking a quieter and more peaceful environment may need to consider other locations.

Comparison with other towns in the UK

When comparing Old Street with other towns in the UK, it’s important to consider the unique aspects of each location. While Old Street offers a central location, vibrant lifestyle, and tech opportunities, other towns may have their own advantages. For example, towns outside of London may provide a more affordable cost of living and a quieter environment. Each individual’s preferences and priorities will ultimately determine which town is the best fit for their rental needs.


Old Street, London is a vibrant and dynamic area that offers a unique living experience for renters. In this blog, we have explored the key points that make Old Street a desirable location, including its central location, excellent transport links, and vibrant social scene. We have also highlighted the range of rental options available, from modern apartments to converted warehouses, catering to different preferences and budgets.

As a renting expert, I highly recommend considering Old Street as your next home. With its convenient location and access to amenities, you will have everything you need right at your doorstep. Whether you are a young professional looking for a buzzing nightlife or a family in search of a lively community, Old Street has something for everyone.

If you are interested in renting a property in Old Street, I encourage you to explore Right Rent’s extensive property listings. They offer a wide range of options to suit different needs and budgets, ensuring that you will find a home you’ll love. With their user-friendly platform and dedicated team, finding your dream rental property in Old Street has never been easier.

So, don’t miss out on the opportunity to experience all that Old Street has to offer. Start your search with Right Rent today and find the perfect place to call home in this vibrant London neighbourhood.


Copyright © Right Rent 2023

Find out more about Renting in Old Street, London