--- title: Where Has Rent Increased the Most in the UK? description: In the midst of a cost of living crisis, soaring inflation, and stagnant wages, the average rent in the UK has increased by 8.0% over the past year, as reported... image: https://blog.magnateassets.com/hubfs/Where%20Has%20Rent%20Increased%20the%20Most%20in%20the%20UK.jpg --- [![logo](https://blog.magnateassets.com/hs-fs/hubfs/logo.png?width=216&height=50&name=logo.png "logo")](https://magnateassets.com/) × - [Properties](https://www.magnateassets.com/en/searchresult) - [Off-Plan](https://www.magnateassets.com/en/searchresult?proType=Off-Plan) - [Completed](https://www.magnateassets.com/en/searchresult?proType=Completed) - [High Yield Investing](https://www.magnateassets.com/en/high-yield-investing) - [HMO (Houses in Multiple Occupation)](https://www.magnateassets.com/en/property-hmo) - [Student Accommodations](https://www.magnateassets.com/en/property-student-accommodations) - [Property Sourcing](https://www.magnateassets.com/en/property-sourcing) - [Property Concierge](https://www.magnateassets.com/en/property-concierge) - [Land Options](https://www.magnateassets.com/en/searchresult?proFor=Local&proType=Land%20Options&country=UK) - [Property Bonds (Promissory Notes)](https://www.magnateassets.com/en/property-bonds) - [Buildings](https://www.magnateassets.com/en/searchresult?proType=Buildings) - [Build-to-Rent Projects](https://www.magnateassets.com/en/build-to-rent-projects) - [Equity Investments](https://www.magnateassets.com/en/equity-investments) - [Funding Partnerships](https://www.magnateassets.com/en/funding-partnerships) - [Locations](https://magnateassets.com/en/location) - Resources - [Blog](https://blog.magnateassets.com) - [Podcast/Webinars](https://www.magnateassets.com/en/video-gallery) - [Guides](https://info.magnateassets.com/guides) - Finance, Tax & Legal - [Mortgage Calculator](https://magnateassets.com/en/mortgage-calculator) - [Mortgages & Finance](https://www.magnateassets.com/en/mortgages-and-finance) - [Property Transfer & Legal](https://www.magnateassets.com/en/property-transfer-and-legal) - [Tax Planning and Set up](https://www.magnateassets.com/en/tax-planning-and-set-up) - [UK Immigration Information](https://www.magnateassets.com/en/uk-immigration-information) - [Managing Your Properties](https://www.magnateassets.com/en/managing-your-properties) - [Furniture Packs](https://www.magnateassets.com/en/furniture-packs) - About Us - [Meet the Team](https://www.magnateassets.com/en/meet-the-team) - [Contact Us](https://magnateassets.com/en/contact-us) - [UK Property Investment](https://www.magnateassets.com/en/for-uk-property-investment) - [Developer Partnerships](https://www.magnateassets.com/en/developer-partnerships) # Where Has Rent Increased the Most in the UK? Published by Keith Egan on Jun 20, 2023 In the midst of a cost of living crisis, soaring inflation, and stagnant wages, the average rent in the UK has increased by 8.0% over the past year, as reported by Zoopla. This dire situation has forced many young adults to seek refuge back with their parents. However, for those unable to return home, Add Living, a property management company based in Leeds, has examined the data to shed light on the predicament. According to Olly Roberts, a surveyor at the firm, renters across the UK are facing an exceptionally tough time, and those struggling to afford relocation should show themselves some compassion. The number of people privately renting has doubled in the last two decades due to the exorbitant housing prices, hence the overwhelming demand for affordable housing. | **City** | **Average Rent in 2022** | **Average Rent in 2023** | **% Change** | **1 Year's Rent (2023)** | | --- | --- | --- | --- | --- | | London | £1,300 | £1,550 | 19.20% | £18,600 | | Cardiff | £889 | £1,043 | 17.30% | £12,516 | | Glasgow | £720 | £844 | 17% | £10,128 | | Leeds | £792 | £916 | 15.60% | £10,992 | | Manchester | £856 | £987 | 15% | £11,844 | | Edinburgh | £990 | £1,133 | 14.40% | £13,596 | | Bristol | £1,145 | £1,298 | 13.40% | £15,576 | | Nottingham | £797 | £902 | 13.20% | £10,824 | | Southampton | £916 | £1,035 | 13% | £12,420 | | Newcastle | £659 | £745 | 13% | £8,940 | | Liverpool | £673 | £758 | 12.60% | £9,096 | | Cambridge | £1,296 | £1,440 | 11.10% | £17,280 | | Birmingham | £767 | £849 | 10.70% | £10,188 | | Sheffield | £687 | £747 | 8.70% | £8,964 | | Aberdeen | £595 | £636 | 6.90% | £7,632 | | Belfast | £679 | £702 | 3.40% | £8,424 | Source: AddLiving Topics: [Insider](https://blog.magnateassets.com/tag/insider), [UK Property](https://blog.magnateassets.com/tag/uk-property), [Real Estate Market](https://blog.magnateassets.com/tag/real-estate-market), [Market Trends](https://blog.magnateassets.com/tag/market-trends), [Rents](https://blog.magnateassets.com/tag/rents), [Demand](https://blog.magnateassets.com/tag/demand) ![Keith Egan](https://blog.magnateassets.com/hubfs/image.png) Written by [Connect on LinkedIn ↗](https://www.linkedin.com/in/keith-egan-a4585613a/) [Keith Egan](https://blog.magnateassets.com/author/keith-egan) Keith Egan has spent 30+ years in senior real estate roles across the UK, Dubai and the MENA region. As Director and Co-Founder of Magnate Group, he leads Magnate Assets focused on UK residential investment, lead generation and digital marketing and the Magnate Investments Division, Magnate's development finance and structured investment arm. Keith specialises in connecting landowners, developers and investors with regulated, technology-driven funding structures and fractional ownership solutions, bridging institutional-grade UK real estate with a wider pool of domestic and international capital. - #### Share: - [![](https://f.hubspotusercontent10.net/hubfs/445465/icon/facebook.svg)](http://www.facebook.com/share.php?u=https://blog.magnateassets.com/where-has-rent-increased-the-most-in-the-uk) - [![](https://f.hubspotusercontent10.net/hubfs/445465/icon/twitter-sign.svg)](https://twitter.com/share?text=Where%20Has%20Rent%20Increased%20the%20Most%20in%20the%20UK?&url=https://blog.magnateassets.com/where-has-rent-increased-the-most-in-the-uk&hashtags=weareawesome&via=bluleadz) - [![](https://f.hubspotusercontent10.net/hubfs/445465/icon/linkedin.svg)](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.magnateassets.com/where-has-rent-increased-the-most-in-the-uk) [Back to Blog](https://blog.magnateassets.com) ### Popular Blogs \[Insider, UK Property, Real Estate Market, Market Trends, Rents, Demand\] - 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