Affordable Office Spaces in London’s Zone 1: Where to Find the Best Deals
A quick guide to all areas in London to find the best value office spaces in the capital ….
New Self-Contained Offices in SOHO via Runway East
London is one of the world's most dynamic business hubs, but securing office space in the capital doesn’t have to break the bank. If you’re looking for cheap office space in London, you’ll be glad to know that Zone 1 offers plenty of affordable options in key locations. Whether you're a startup, a freelancer, or a growing business, we’ve got the best places where you can rent budget-friendly office space in the heart of the city.
From Soho to Kings Cross, we’ll take you through the cheapest areas to rent office space in Zone 1, covering average prices, why each area is great for businesses, and some interesting facts to keep things fun!
Where to Find Cheap Office Space in London’s Zone 1
1. Soho – Creative Buzz at a Lower Cost
💰 Typical Pricing: From £400 - £700 per desk/month
Soho is famous for its vibrant creative scene, buzzing nightlife, and media businesses. While prime offices can be pricey, there are still affordable coworking spaces and managed offices in the area, especially in older buildings or smaller boutique providers.
Why Soho?
Perfect for creative agencies, media companies, and startups.
Loads of cafés, bars, and restaurants for networking or post-work drinks.
A stone’s throw from Oxford Circus and Tottenham Court Road stations.
📌 Fun Fact: The term ‘Soho’ originates from an old hunting call from the 16th century!
2. Fitzrovia – Affordable Elegance
💰 Typical Pricing: From £450 - £750 per desk/month
Just north of Oxford Street, Fitzrovia offers a mix of period townhouses and modern office buildings. While it’s home to many tech startups and boutique agencies, you can still find cheaper serviced offices here compared to Mayfair or Marylebone.
Why Fitzrovia?
Home to major media, advertising, and tech firms.
Easy access to Goodge Street, Tottenham Court Road, and Oxford Circus stations.
A quieter alternative to Soho but still centrally located.
📌 Fun Fact: Fitzrovia was once home to George Orwell, author of 1984!
3. Farringdon – Affordable with a Trendy Edge
💰 Typical Pricing: From £350 - £650 per desk/month
Farringdon is a fantastic spot for affordable office space, especially for businesses in design, tech, and professional services. The new Elizabeth Line connection makes it an even more attractive location for businesses wanting a well-connected and budget-friendly office.
Why Farringdon?
Brilliant transport links with Farringdon Station connecting Thameslink, Underground, and Crossrail.
Close to Smithfield Market and plenty of stylish lunch spots.
More affordable than The City but with a similar professional feel.
📌 Fun Fact: Farringdon Station is one of the only stations in London where you can travel directly to four major airports!
4. Kings Cross – Cheap Offices in a Regenerated Business Hub
💰 Typical Pricing: From £350 - £600 per desk/month
Kings Cross has undergone a massive transformation in recent years, making it a hotspot for tech firms, startups, and corporate headquarters. Despite its growth, you can still find affordable serviced offices and coworking spaces in the area.
Why Kings Cross?
Home to Google’s UK HQ and other major tech companies.
Excellent connections via Eurostar, Underground, and National Rail.
A vibrant mix of historic and ultra-modern office spaces.
📌 Fun Fact: Kings Cross was once an industrial wasteland but is now one of London’s most sought-after business locations.
5. Euston – Budget-Friendly & Well-Connected
💰 Typical Pricing: From £300 - £550 per desk/month
Euston is a great option for businesses looking for affordable office space with excellent national transport links. It’s a less flashy alternative to Kings Cross but still offers fantastic serviced offices at lower prices.
Why Euston?
Perfect for businesses needing quick access to the North and Midlands.
Close to Regent’s Park for a scenic lunch break.
Cheaper than nearby Kings Cross but just as well-located.
📌 Fun Fact: Euston Station was the first intercity railway terminal in London, opening in 1837!
6. Old Street – The Tech Hub with Affordable Options
💰 Typical Pricing: From £400 - £700 per desk/month
Known as London’s “Silicon Roundabout”, Old Street is the go-to area for startups, fintech firms, and creative companies. While some office spaces are premium, you can still find affordable coworking and managed office options here.
Why Old Street?
A vibrant tech and startup community.
Great transport links with Northern Line and bus routes.
Surrounded by bars, coffee shops, and cool event spaces.
📌 Fun Fact: Over 15,000 tech companies are based in the Old Street area!
7. London Bridge – Riverside Offices Without the Price Tag
💰 Typical Pricing: From £350 - £650 per desk/month
London Bridge offers affordable office space with stunning Thames views, making it an excellent choice for businesses that want connectivity, history, and a great work-life balance.
Why London Bridge?
Walking distance to The City but with lower rents.
Iconic landmarks like The Shard and Borough Market nearby.
Great rail and Underground connections.
📌 Fun Fact: London Bridge has been rebuilt several times, and one version was even sold to an American businessman in the 1960s!
8. Waterloo – Affordable & Super Convenient
💰 Typical Pricing: From £350 - £600 per desk/month
Waterloo is ideal for businesses looking for affordable office space with fantastic transport links to the South of England. It’s an underrated gem for flexible office space in London.
Why Waterloo?
Europe’s busiest train station, perfect for commuters.
Close to Southbank’s cultural hotspots.
Generally cheaper than nearby Westminster or The City.
📌 Fun Fact: Waterloo Station has a hidden underground vault used for film shoots!
9. Victoria – Budget-Friendly in a Prime Location
💰 Typical Pricing: From £400 - £700 per desk/month
Victoria is a central business hub with plenty of affordable flexible office spaces, making it a great choice for companies that want to be near Westminster without paying Westminster prices.
Why Victoria?
One of London’s busiest transport hubs.
Home to major businesses, media agencies, and government offices.
Plenty of food, shopping, and entertainment options.
📌 Fun Fact: The Gatwick Express makes Victoria the fastest route to Gatwick Airport from central London!
Find Affordable Office Space in London Today!
Looking for cheap office space in London’s Zone 1? Whether it's Soho, Farringdon, or Waterloo, there are affordable options for every business. Get in touch with us to explore the best budget-friendly office spaces and start your next chapter in the heart of London!