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The cheapest places to rent in 2023

According to this great article in Zoopla on 14 September 2023:

HIGHLIGHTS

  • UK rents have risen by 10.5% in the last year, bringing the average monthly rent to £1,163
  • The North East is the cheapest region to rent a home in the UK with an average rent of £649 per month
  • Northern Ireland, Scotland, Yorkshire and the Humber, and the North West all sit at the cheaper end of the scale too, with rents averaging less than £800 per month.
  • The cheapest major cities to rent are Belfast, Liverpool, Sheffield and Birmingham, where average rents are below £900 per month

In Belfast, rents are currently averaging £759 per month - plus it has affordable living costs compared to mainland Britain.

Renters in Liverpool are paying £764 per month to live in the UK’s friendliest city, where rents have risen 8.7% in the last year.

The only other major city where rents are below £800 per month is Sheffield, the vibrant Yorkshire city that’s home to a lively student scene.

Cities in the Midlands tend to be fairly cheap to rent, with Birmingham and Nottingham both posting average rents of below £900 per month.

When it comes to Scotland, you’ll find a dynamic city lifestyle and cheap rents in Glasgow, where rents average £898 per month. Edinburgh is much pricier with an average rent of £1,199 per month.

  • London rents have hit £2,053, making it twice as expensive to rent a home in London than in the South West (£1,016). London and Bristol have the highest monthly rents of any UK city, with Southampton also posting an expensive average rate of £1,057.

Discover more detail and get the cheapest location in each region here

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