The average agreed rent for new tenancies in the UK ranged from *** British pounds to ***** British pounds, depending on the region. On average, renters outside of London paid ***** British pounds, whereas in London, this figure amounted to ***** British pounds. Rents have been on the rise for many years, but the period after the COVID-19 pandemic accelerated this trend. Since 2015, the average rent in the UK increased by about ** percent, with about half of that gain achieved in the period after the pandemic. Why have UK rents increased so much? One of the main reasons driving up rental prices is the declining affordability of homeownership. Historically, house prices grew faster than rents, making renting more financially feasible than buying. In 2022, when the house price to rent ratio index peaked, house prices had outgrown rents by nearly ** percent since 2015. As house prices peaked in 2022, home buying slowed, exacerbating demand for rental properties and leading to soaring rental prices. How expensive is too expensive? Although there is no official requirement about the proportion of income spent on rent for it to be considered affordable, a popular rule is that rent should not exceed more than ** percent of income. In 2024, most renters in the UK exceeded that threshold, with the southern regions significantly more likely to spend upward of ** percent of their income on rent. Rental affordability has sparked a move away from the capital to other regions in the UK, such as the South East (Brighton and Southampton), the West Midlands (Birmingham) and the North West (Liverpool, Manchester, Blackpool and Preston).

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

Renters in the UK spent on average 32.5 percent of their income on rent as of January 2025. Scotland and Yorkshire and Humber were the most affordable regions, with households spending less than 28 percent of their gross income on rent. Conversely, London, South West, and South East had a higher ratio. Greater London is the most expensive region for renters Greater London has a considerably higher rent than the rest of the UK regions. In 2024, the average rental cost in Greater London was more than twice higher than in the North West or West Midlands. Compared with Greater London, rent in the South East region was about 600 British pounds cheaper. London property prices continue to increase In recent years, house prices in the UK have been steadily increasing, and the period after the COVID-19 pandemic has been no exception. Prime residential property prices in Central London are forecast to continue rising until 2027. A similar trend in prime property prices is also expected in Outer London.

This dataset is no longer being updated due to redevelopment of private rental prices statistics, impact analysis, UK, please see more information here: Redevelopment of private rental prices statistics, impact analysis, UK - Office for National Statistics (ons.gov.uk). The Index of Private Housing Rental Prices (IPHRP) is a quarterly experimental price index. It tracks the prices paid for renting property from private landlords in Great Britain. IPHRP is produced from a number of administrative sources and is classified as experimental by ONS. The index compares trends (rather than levels) in average private sector rents across English regions, Wales and Scotland. It uses a complex mix-adjustment and weighting process to produce a single index for each area. This index uses data on actual new and ongoing rents. The sample ensures that the index is representative of the stock at regional level and that it isn't distorted by units dropping out of the sample because they switch to LHA or for other reasons. This is an advantage over the VOA dataset where the sample is changing over time and may not be representative. Tables show monthly data. Data is updated once a quarter. Index level (January 2011 = 100). Not seasonally adjusted. See more on the ONS Website

Amount charged weekly by Local Authorities for social housing. Rents data are based on the financial year. Stock figures used to estimate the average for each county, region and the nation are taken at 1st April of the following financial year. Average rents data between 2003/04 and 2007/08 inclusively is based on total stock figures from Housing Revenue Account (HRA) audited base claim form. Before 2003/04 the average rents data is based on total stock figures from the Housing Revenue Account (HRA) second subsidy claim form. Rents data for 2008/09 are based on total stock figures as at the beginning of the financial year. This data is taken from the HRA subsidy base data form. Average rent data for this year are provisional and will be updated when stock data at the start of the following financial year become available. For a few authorities no rent figure is given because the stock is now very small and the authority no longer reports average rents. For some local authorities the average rent for 2003/04 is lower than in 2002/03. This may be due to some local authorities supplying net rents excluding service charges from 2003/04 onwards. Prior to 2003/04 some of them may have been including service charges in their rent figures. Average rent figures do not account for stock composition. 'LSVT': all or most of the local authority stock has been transferred to the RSL sector, so the average rent is no longer applicable. LSVTs are not taken into account when calculating county, regional or national averages. MYT (Mid-Year Transfer) refers to those authorities that have transferred their stock in full, part way through the financial year. Where a local authority has transferred part of it's stock mid-year, the stock figure used to estimate averages is taken as at 1st April the following financial year. MYT information is provided from 2003/04 onwards only. Prior to 2003/04 average rents figures may be based on stock figures at the start of the financial year prior to any mid-year transfer. The districts, unitary authorities and counties listed above are based on 1 April 1998 boundaries. Figures for any 'new' re-organised areas have been estimated retrospectively applying the new boundaries back to 1996. Average rents data for 2003/04 and onwards are based on a standardised 52 week collection. Data prior to 2003/04 may have been reported on various different collection scales. Average rent is calculated from stock-owning local authorities that have provided data. View Live Tables on Rents and Tenancies on DCLG website Average rents for council owned stock are reported in section H of the Local Authority Housing Statistics data

This dataset is no longer being updated due to redevelopment of private rental prices statistics, impact analysis, UK, please see more information here: Redevelopment of private rental prices statistics, impact analysis, UK - Office for National Statistics (ons.gov.uk).

The Index of Private Housing Rental Prices (IPHRP) is a quarterly experimental price index. It tracks the prices paid for renting property from private landlords in Great Britain.

IPHRP is produced from a number of administrative sources and is classified as experimental by ONS.

The index compares trends (rather than levels) in average private sector rents across English regions, Wales and Scotland. It uses a complex mix-adjustment and weighting process to produce a single index for each area. This index uses data on actual new and ongoing rents.

The sample ensures that the index is representative of the stock at regional level and that it isn't distorted by units dropping out of the sample because they switch to LHA or for other reasons. This is an advantage over the VOA dataset where the sample is changing over time and may not be representative.

Tables show monthly data. Data is updated once a quarter.

Index level (January 2011 = 100). Not seasonally adjusted.

See more on the ONS Website

Renting an apartment in Cambridge cost on average ***** British pounds per month in July 2025. This made it one of the most expensive cities for renters in the UK after London. In London region, the average rent amounted to ***** British pounds. According to the source, this figure shows the asking rent, adjusted for achieved rents. A comparison of the rent prices of different London boroughs shows that costs may vary by several hundred and even over a thousand British pounds. Looking at the regional prices, Northern Ireland, Wales, and the Northeast emerged as the regions with the most affordable rents.

Get full property sale and rental statistical insights for County, Liverpool and surrounding areas.

Presents information on the average weekly rents for rented Registered Social Landlord dwellings by local authority district, county and region in England. Source agency: Communities and Local Government Designation: Official Statistics not designated as National Statistics Language: English Alternative title: Registered Social Landlord average weekly rents, England

The highest rental yield in the UK property market in the first quarter of 2024 was in the North East region, amounting to **** percent. Conversely, private rental homes in London had the lowest average gross yield, at **** percent. Rental yield is a measure of profitability and shows the annual rental income as a share of the property price. Although higher yields imply a higher annual return, they do not take into consideration the rental growth and house price appreciation potential of the property.

Stock figures used to estimate the average for each county, region and the nation are taken at 1 April of the following financial year. Average rents data for between 2003-04 and 2007-08 inclusively are estimated using total stock figures from Housing Revenue Account (HRA) audited base claim form. For 2008-09, stock figures for local authorities (LAs) where administrative boundaries changed on 1 April 2009 are taken from the HRA 2nd advance subsidy form as at 1 April 2010. Ordinarily stock figures would be taken from the HRA audited base claim form, however these figures were collected on the LA boundaries post 1 April 2009 and could not be reconciled with rents figures for 2008/09, which were collected on LA boundaries pre April 2009. Average rents data for 2003-04 and onwards are based on a standardised 52 week collection calculated by CLG from figures provided by local authorities.

The prime rent for large warehouses over 100,000 square feet in the UK was 11.82 British pounds per square foot in the first quarter of 2025. However, in London, the South East, and East, rents were twice higher, with London reaching 29 British pounds per square foot and the South East & East at 23.5 British pounds. Conversely, the North East was the region with the most affordable warehouse rent, with the prime rent per square foot amounting to 7.75 British pounds. What is the rental price for warehouses in Europe? The UK has some of the most expensive warehouse rents in Europe. Other key markets that fetched high prices were Oslo, Helsinki, Dublin, and Munich, with rents ranging between 100 and 200 euros per square meter. In Eastern Europe, prices were notably lower, with markets such as Katowice, Warsaw, and Bucharest, reporting rents below 60 euros per square meter. How are warehouse rents expected to develop in the next years? The industrial and logistics real estate sector has grown dramatically since the COVID-19 pandemic. Although growth is forecast to slow, rents in the sector are expected to continue to increase until 2025. Industrial real estate is anticipated to outperform offices and retail not only by rental growth but also in terms of capital value increase.

England had the largest number of build to rent (BTR) homes in the UK in 2025, with ******* completed units in single-family and multifamily housing. Additionally, there were nearly ****** units under construction and ****** units in planning. Build to rent refers to homes that are built specifically for renting rather than for sale. They differentiate from traditional rent homes with their focus on the provision of as services, i.e. professional on-site management, shared spaces, work zones, fitness centers.

Presents information on the average weekly rents for rented local authority dwellings in England. This release has now been replaced by Local Authority Housing Statistics: Local Authority-owned stock and stock management which will be released on Thursday 20th December 2012. Source agency: Communities and Local Government Designation: Official Statistics not designated as National Statistics Language: English Alternative title: Local Authority Average Weekly Rents By District, England

Amount charged weekly by Local Authorities for social housing.
Rents data are based on the financial year.

Stock figures used to estimate the average for each county, region and the nation are taken at 1st April of the following financial year. Average rents data between 2003/04 and 2007/08 inclusively is based on total stock figures from Housing Revenue Account (HRA) audited base claim form. Before 2003/04 the average rents data is based on total stock figures from the Housing Revenue Account (HRA) second subsidy claim form.

Rents data for 2008/09 are based on total stock figures as at the beginning of the financial year. This data is taken from the HRA subsidy base data form. Average rent data for this year are provisional and will be updated when stock data at the start of the following financial year become available.

For a few authorities no rent figure is given because the stock is now very small and the authority no longer reports average rents. For some local authorities the average rent for 2003/04 is lower than in 2002/03. This may be due to some local authorities supplying net rents excluding service charges from 2003/04 onwards. Prior to 2003/04 some of them may have been including service charges in their rent figures. Average rent figures do not account for stock composition.

'LSVT': all or most of the local authority stock has been transferred to the RSL sector, so the average rent is no longer applicable. LSVTs are not taken into account when calculating county, regional or national averages. MYT (Mid-Year Transfer) refers to those authorities that have transferred their stock in full, part way through the financial year.

Where a local authority has transferred part of it's stock mid-year, the stock figure used to estimate averages is taken as at 1st April the following financial year. MYT information is provided from 2003/04 onwards only. Prior to 2003/04 average rents figures may be based on stock figures at the start of the financial year prior to any mid-year transfer.

The districts, unitary authorities and counties listed above are based on 1 April 1998 boundaries. Figures for any 'new' re-organised areas have been estimated retrospectively applying the new boundaries back to 1996. Average rents data for 2003/04 and onwards are based on a standardised 52 week collection. Data prior to 2003/04 may have been reported on various different collection scales. Average rent is calculated from stock-owning local authorities that have provided data.

View Live Tables on Rents and Tenancies on DCLG website

Average rents for council owned stock are reported in section H of the Local Authority Housing Statistics data

In January 2025, the average monthly rent in Greater London reached ***** British pounds, confirming its position as the most expensive area for private tenants. Rental prices across England stood at ***** British pounds, while the average for Great Britain was recorded at ***** British pounds. The North East remains the most affordable region, with rents at 710 British pounds. According to the UK Price Index of Private Rents (PIPR), rental growth has accelerated since 2021, with the cost of rental properties rising by nearly **** percent annually in January 2025.

Get full property sale and rental statistical insights for County Durham and surrounding areas.

Get full property sale and rental statistical insights for Herefordshire, County Of and surrounding areas.