Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, July 29
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Most affordable places to rent in UK and the exact salary you need
    Property

    Most affordable places to rent in UK and the exact salary you need

    September 27, 20253 Mins Read


    In some parts of the UK, the average rent can sit at £865 a month, while others stretch to a whopping £2,389 a month. Here are the most affordable places to rent

    Britain’s most budget-friendly rental hotspots have been unveiled, along with the earnings needed to secure accommodation in each desirable area.

    Fresh monthly data from Propertymark has examined the nation’s private rental market by studying average agreed letting prices alongside typical annual wages demanded by referencing firms for affordable tenancy across Britain.

    The North East has emerged as the country’s most wallet-friendly destination for renters, with typical monthly costs hovering around £865 throughout the region.

    In stark contrast, and hardly shocking, London commands the steepest rental fees at an average of £2,389 monthly, reports the Manchester Evening News.

    However, the capital has witnessed the most significant drop in required earnings year-on-year at 1.9 per cent – falling from £73,050 in 2024 to £71,670 in 2025.

    READ MORE: Households urged to carry out quick 10-minute task before switching heating onREAD MORE: Charming UK village that’s suddenly become the ‘country’s new build capital’

    Beyond the capital, the South East claims the title of priciest rental territory at £1,497 monthly, demanding an annual income of £44,910.

    “Year-on-year, rent rises have eased across many areas of the country. Much of the private rented market has reached its peak when it comes to affordability, and coupled with slowly decreasing interest rates, this is starting to make rents soften slightly,” Megan Eighteen at Propertymark explained.

    She continued: “However, this will not be enough to bring down rents to more affordable levels across the board in the longer term.

    “The private rental landscape is varied across the UK, with trends fluctuating drastically in some instances.

    “However, one fact remains – there is a complete undersupply of available homes of all types and tenures, and other costs to landlords, such as the scrapping of mortgage interest relief and the introduction of endless red tape and licensing schemes, have huge implications across the board and are contributing to the previous spikes seen in raised rent levels.”

    Here are the most affordable regions to rent a home across the UK:

    North East

    Average rent cost: £865

    Average annual salary needed: £25,950

    Northern Ireland

    Average rent cost: £947

    Average annual salary needed: £28,410

    East Midlands

    Average rent cost: £981

    Average annual salary needed: £29,430

    Yorkshire and Humberside

    Average rent cost: £1,009

    Average annual salary needed: £30,270

    West Midlands

    Average rent cost: £1,048

    Average annual salary needed: £31,440

    READ MORE: Innovative 2-in-1 tool helps ‘clear out gutters of debris much faster’ after bad weather



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin (BTC) Price Analysis: Can Vanguard’s ETF Shift Unlock New Demand?
    Next Article Trader Maps Out Bitcoin Path to $220,000 BTC Bull Market Top – Here’s His Timeline

    Related Posts

    Property

    New Platform Finally Gives Home Buyers and Sellers a Real-Time View of Their Property Transaction

    July 28, 2026
    Property

    UK house price postcode lottery mapped as buyers save £236,000 next to priciest spots | Personal Finance | Finance

    July 28, 2026
    Property

    China’s real estate funk drags down yet another sector: property service providers

    July 27, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    3 in a Row From the Fed, but More Cautious Moves Expected in 2026

    December 5, 2025
    Bitcoin

    Bitcoin And Crypto Markets To Enter 2026 With Improved Fundamentals But Investor Sentiment Likely To Remain Extremely Bearish

    December 29, 2025
    Stock Market

    London’s FTSE 100 extends recovery to second day on financials, corporate earnings boost

    August 7, 2024
    What's Hot

    Dow, S&P 500, Nasdaq rally as Wall Street hopes for trade progress

    April 22, 2025

    Shein and Temu face calls for investigation over claims of stealing US designs

    December 2, 2025

    Millions of drivers could be due major payout after new finance update

    September 10, 2025
    Most Popular

    Trump ‘orange-pilled’ by three bitcoiners in Puerto Rico, $100 million

    August 26, 2024

    China Property Crisis Will Stalk Its Economy Into 2026

    November 28, 2025

    Seplat shares jump over 10% on London Stock Exchange on Heirs acquisition news

    December 31, 2025
    Editor's Picks

    Here’s Why and Where It Could Go Next

    January 13, 2026

    ‘It’s miserable,’ Bitcoin mining facility in rural Kansas too loud, neighbors say

    October 15, 2025

    Bitcoin Price Holds Near $63,000 As Analysts Say Its Store-of-Value Thesis Remains Intact

    June 8, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.