What’s going on in the rental market right now?

It’s that time of year again – the busiest time for flatshare hunting. There are currently 44,902 rooms available and 53,939 people looking for rooms on SpareRoom right now. When demand is up rents tend to follow suit so we’ve put together a list of average rents in the UK’s 30 biggest towns and cities.

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Before you check the list to see what’s happening near you, here are the headlines:

In August, the average room rent across the UK was £591 a month, up from £544 last year, an 8.6% annual increase.

What does this mean at a local level?

At the top of the rental scale was hipster-central East London, with room rents averaging £902 a month. After London, Reading rents were second highest at £528 per month and Brighton third at £491 per month.

At the more affordable end of the scale, you’ll see Sheffield (£343), Cardiff (£342) and Newcastle (£339) per month.

We know demand is up at the moment but just how high is it?

Edinburgh led the way in July with 22 people competing for every room advertised. Glasgow and Salford weren’t far behind at 14 people per room.

Surprisingly, competition for rooms in London, where average room rents were £710 isn’t as fierce at the moment; with seven people competing for each room in the most popular areas.

Here’s the full list:

Town/City Average monthly room rent Number of people competing for every room
London £710 7
Aberdeen £484 3
Brighton £491 7
Edinburgh £466 22
Reading £528 3
Milton Keynes £449 8
Bristol £444 15
Southampton £412 7
Manchester £380 16
Cardiff £342 8
Birmingham £417 10
Portsmouth £395 6
Northampton £387 6
Luton £423 4
Plymouth £368 2
Coventry £371 6
Leeds £351 15
Liverpool £346 5
Newcastle £339 5
Nottingham £356 5
Leicester £341 6
Derby £356 3
Preston £347 1
Sheffield £343 5
Stoke-on-Trent £340 1
Wolverhampton £357 2
Dudley £375 2
Hull £340 1
Bradford £292 4
Belfast £259 9

How does your area compare? Let us know in the comments below.