Salary guide · GB

Software Engineer salary in London: can you afford rent?

A Software Engineer in London typically earns £53,000£141,000/year, with a median around £84,000/year. Median 1-bedroom rent is £2,300/month.

Affordability verdict

Manageable

At a typical Software Engineer salary of £84,000/year, spending on median London rent (£2,300/mo) would take up 33% of gross income. That's above the 30% guideline but not uncommon — a manageable situation.

Software Engineer salary range in London

£53,000

Entry level

lower quartile

£84,000

Typical

median estimate

£141,000

Experienced

upper quartile

Software engineers design, build, and maintain applications and systems software. Figures are gross annual salary estimates for London.

How much rent can a Software Engineer afford?

25% of income (comfortable)£1,750/mo
30% of income (standard)£2,100/mo
35% of income (stretch)£2,450/mo
Median London rent£2,300/mo

Rent landscape in London

£1,600

Budget

cheapest 10%

£2,300

Median

most common

£3,800

Premium

top 10%

1-bedroom equivalent. ONS Private Rental Market Survey 2024/25 (IPHRP: London rents +8.9% YoY Dec 2024) · 2024–2025

Check your own rent affordability →

Frequently asked questions

What does a Software Engineer earn in London?

A Software Engineer in London typically earns between £53,000 and £141,000/year, with a median around £84,000/year. Salaries vary by experience, employer, and sector.

Can a Software Engineer afford to live in London?

At a typical Software Engineer salary of £84,000/year, median London rent (£2,300/month) takes up 33% of gross income — above the 30% guideline but not unusual in this market. Budget options in London start around £1,600/month.

How much rent can a Software Engineer afford in London?

On a median Software Engineer salary of £84,000/year, the recommended 30% rent budget is £2,100/month. Compared to London's median rent of £2,300/month, this means some budget trade-offs will be necessary — look at areas below the city median.

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