Other things you could spend that monthly rent on:
- A 2 bedroom flat in Ilford
- A 3 bedroom house in Sidcup
- A brand new Ferrari California T (not available until next month)
- 6 diamond encrusted Rolex watches
- Shelter and bedding for 1,950 families in Typhoon torn Philippines
More top news
More than 200 people are expected at London's first Muslim Youth Festival which will look at stopping the radicalisation of young Britons.
A report by a London university has found that chief police officers use "predatory" behaviour towards junior staff.
A man from north London has been jailed for 27 years for owning guns and conspiring to supply drugs. Two others were also jailed.