A 21-year-old man was rushed to hospital with serious injuries after being stabbed at a house in New Addington.
Police and paramedics were called to reports of a stabbing in Wayside, Fieldway, at 2.10pm yesterday.
London Air Ambulance was also despatched to treat the victim.
Paramedics took the injured man to a south London trauma centre by ambulance "as a priority," said a Metropolitan Police spokesman.
Police later said his condition was stable and not life-threatening.
No arrests have been made.
A spokesman did not initially give futher details of the location of the stabbing, which was the first of two serious knife attacks in Croydon yesterday.
A 20-year-old man was stabbed multiple times at a house in Langdale Road, Thornton Heath.
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