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flatshare renting room rents

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

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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/CityAverage monthly room rent *Number of people competing for every room *
London£7107
Aberdeen£4843
Brighton£4917
Edinburgh£46622
Reading£5283
Milton Keynes£4498
Bristol£44415
Southampton£4127
Manchester£38016
Cardiff£3428
Birmingham£41710
Portsmouth£3956
Northampton£3876
Luton£4234
Plymouth£3682
Coventry£3716
Leeds£35115
Liverpool£3465
Newcastle£3395
Nottingham£3565
Leicester£3416
Derby£3563
Preston£3471
Sheffield£3435
Stoke-on-Trent£3401
Wolverhampton£3572
Dudley£3752
Hull£3401
Bradford£2924
Belfast£2599
How does your area compare? Let us know in the comments below.

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