Rent has soared across the UK with a typical private home now costing £1,360 a month – an increase of 5 per cent compared with last year’s average when it was £1,295

Private rent prices have increased by an average of £65 a month in the UK over the last year.

It cost £1,360 a month to rent the typical private home in the 12 months to October, according to the latest figures from the Office for National Statistics. That’s an increase of 5.0 per cent compared to a year earlier when the average was £1,295.

Rent inflation does appear to be slowing, however. Private rents were up by 8.6 per cent back in October 2024 and 8.4 per cent in 2023.

It does mean though that rents have increased by nearly a third (30 per cent) in just four years. Rents were £314 a month cheaper in 2021 than they are in 2025, on average. Had they increased at an annual rate of 2 per cent from 2021 – as they had been up until then – rents would now be £1,132 a month, £228 less than they are today.

READ MORE: ‘The single tax leaves me £10k a year worse off – but I’ve found 10 ways to beat it’READ MORE: One little-known £5 item could slash your energy bills this winter

Some parts of the country are experiencing much higher rent inflation than others. Newport has seen the largest increases in the UK.

The typical rent in the city was £938 a month in the year to October. That’s up a whopping 17.1 per cent compared to a year earlier. Despite the double-digit increase though, inflation is falling there.

Rent inflation was as high as 21.2 per cent in June of this year, and 21.4 per cent in January. Private rents in the city have increased by nearly £300 in the last four years. The average rent in the city was just £656 a month back in October 2021. That’s an increase of 43.0 per cent.

Newcastle upon Tyne has the next highest annual rent inflation in the country at 14.9 per cent That’s followed by West Lancashire at 12.1 per cent, Barking and Dagenham at 11.8 per cent, Gloucester at 11.6 per cent, Broxbourne at 11.4 per cent, and Rhondda Cynon Taf at 11.4 per cent.

You can see how much private rents have increased by in each local authority by using our interactive map

Most expensive places to rent in the UK

Local authority: Average monthly rent

Kensington and Chelsea: £3,633

Westminster: £3,223

Camden: £2,795

Hammersmith and Fulham: £2,731

Islington: £2,708

Hackney: £2,567

Wandsworth: £2,552

Lambeth: £2,476

Tower Hamlets: £2,374

Southwark: £2,345

Largest increases since 2021

Local authority: Percentage increase

Tameside: 47.3 per cent

Merthyr Tydfil: 45.7 per cent

Torfaen: 44.6 per cent

Rossendale: 44.3 per cent

Rhondda Cynon Taf: 43.9 per cent

Blaenau Gwent: 43.2 per cent

Newport: 43.0 per cent

Bury: 42.6 per cent

Salford : 42.0 per cent

Leicester: 41.3 per cent

Hounslow: 40.7 per cent

Folkestone and Hythe: 40.6 per cent

Oldham: 40.5 per cent

North Lanarkshire: 39.7 per cent

Islington: 39.6 per cent

Kensington and Chelsea: 39.5 per cent

Manchester: 38.8 per cent

Trafford: 38.7 per cent

Nuneaton and Bedworth: 38.5 per cent

Share.
Exit mobile version