11/06/2026
Rents Have Skyrocketed Across the UK – Is Your Property Keeping Up?
UK rents have changed dramatically over the last five years, but the headline figures only tell part of the story.
The current average UK rent is now well over £1k per month in many regions, with London sitting highest at £2,505, followed by the South East at £1,593, East Anglia at £1,366, the South West at £1,357 and the North West at £1,247.
London shows the strongest five year growth at +34%, but that needs context. Rents in the capital fell sharply during the pandemic in 2020, so the rebound looks larger than it would if looked at over a longer period.
Compared with 2019, London’s rental growth is much more in line with the rest of the UK, and in Inner London even sits slightly below the national average.
Scotland’s £1,201 average rent is also worth noting, heavily influenced by Edinburgh, Glasgow and Aberdeen. Rural areas, parts of the Highlands and smaller towns often sit much closer to North East levels.
Likewise, the North West figure is driven strongly by Greater Manchester, where demand and private rental supply are much higher. These are regional averages. Every town tells its own story.
If you are a Richmond landlord wanting to find out where you stand in the rental marketplace, pick up the phone, DM us or email the office
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