THESE are the cheapest and most expensive areas to rent in the UK
- Analysis reveals that Stoke-on-Trent is the cheapest area in the UK to rent an apartment with tenants paying £489.22 a month on average.
- Bradford and Sunderland are the second and third most affordable places for tenants.
- London, Brighton and Oxford are the most expensive areas in the UK to rent an apartment.
Stoke-on-Trent offers tenants the most affordable rent costs for an apartment new data can reveal, while London takes the top spot for being the most expensive area.
The research by Karpiak Caravan analysed the most populated areas in the UK and used data from Numbeo to find where tenants can rent an apartment at the lowest cost. The analysis was based on prices for one bed apartments and three bed apartments both in the city centre and outside of the city.
The study revealed that Stoke-on-Trent is the most affordable area in the UK for tenants, with an average cost of £489.22 per month. Stoke-on-Trent offers tenants the lowest apartment prices in any area when it comes to a one-bedroom apartment outside of the city centre at £376.67 and a three-bed apartment in the city centre costing only £593.33 as a monthly average. If you like to find a cheap holidays rentals in the uk, we suggest to enter to cozycozy, who compare all accommodations in one search.
Bradford came in second with the average cost of an apartment to rent being £537.95 per month. The Yorkshire city offers low prices on many different types of apartments such as an average monthly rent of £443.12 for a one-bedroom in the city centre, the lowest in the UK. Bradford also has the third most affordable monthly rent for a three-bedroom apartment in the city centre with an average cost of £692.14.
Blackpool had the second-lowest rent cost for a three-bed apartment in the city centre, priced at £691.67 a month, while Wigan had the third cheapest price for a three-bed outside of the city centre, costing £550 a month.
The research found that Sunderland is the third most affordable place for tenants looking to rent an apartment. The average cost of renting an apartment in Sunderland for a tenant would be £568.75, and it is the cheapest area in the UK for tenants looking for a three-bedroom apartment outside of the city centre with an average monthly rent of £525. Sunderland can also offer tenants the third-cheapest monthly rent price of £400 for a one-bedroom apartment outside of the city centre.
| Top 10 most affordable areas in the UK to rent an apartment | |||||
| City | Average cost of a one-bed apartment in the city centre | Average cost of a one-bed outside of the city centre | Average cost of a three-bed apartment in the city centre | Average cost of a three-bed apartment outside of the city centre | Total average cost |
| Stoke-on-Trent | £459.38 | £376.67 | £593.33 | £527.50 | £489.22 |
| Bradford | £443.12 | £384.38 | £692.14 | £632.14 | £537.95 |
| Sunderland | £533.33 | £400.00 | £816.67 | £525.00 | £568.75 |
| Blackpool | £481.25 | £470.00 | £691.67 | £642.86 | £571.45 |
| Doncaster | £531.25 | £418.57 | £766.25 | £585.79 | £575.47 |
| Wigan | £533.33 | £408.33 | £823.33 | £550.00 | £578.75 |
| Derby | £500.00 | £450.62 | £775.00 | £701.25 | £627.08 |
| Dundee | £462.50 | £422.50 | £889.29 | £771.43 | £636.43 |
| Swansea | £583.75 | £460.00 | £835.71 | £750.00 | £657.37 |
| Aberdeen | £501.25 | £420.45 | £948.00 | £777.78 | £661.87 |
In contrast, London was unsurprisingly revealed to be the priciest area for tenants to rent an apartment with an average total monthly rent of £2,100.69, over four times that of an apartment in Stoke-on-Trent. London had the highest cost for every form of apartment analysed in the study with a one-bedroom in the city centre having an average monthly rent of £1,685.32.
Brighton was the second most expensive area in the UK to rent an apartment. The seaside city has the second highest rent for a three-bedroom apartment both in the city centre and outside of it. A three-bedroom apartment in the city centre would set back tenants £2,150.88 a month on average while the same type of apartment outside of the city centre would cost £1.551.02 in monthly rent.
The analysis revealed Oxford as the third most expensive place in the UK for tenants to rent an apartment, setting a tenant back by £1,374.18 a month on average. Oxford had the UK’s second most expensive monthly rent price for a one bedroom apartment outside of the city centre, costing £943.75. The academic city also had the third highest rent price for a one bedroom in the city centre at an average of £1,090.45.
Commenting on the study, a spokesperson from Karpiak Caravan said: “With the current cost-of-living crisis at an all-time high, it is now more important than ever for UK residents to manage their money effectively. This study offers a useful breakdown of the most cost-effective locations and types of renting, providing the best options for those looking to rent.”
| Top 10 most expensive areas in the UK to rent an apartment | |||||
| City | Average cost of a one-bed apartment in the city centre | Average cost of a one-bed outside of the city centre | Average cost of a three-bed apartment in the city centre | Average cost of a three-bed apartment outside of the city centre | Total average cost |
| London | £1,685.32 | £1,275.71 | £3,261.76 | £2,179.95 | £2,100.69 |
| Brighton | £1,020.45 | £890.53 | £2,150.88 | £1,551.02 | £1,403.22 |
| Oxford | £1,090.45 | £943.75 | £1,950.00 | £1,512.50 | £1,374.18 |
| Cambridge | £1,131.67 | £881.67 | £1,955.00 | £1,337.22 | £1,326.39 |
| Reading | £924.23 | £837.50 | £1,657.14 | £1,327.78 | £1,186.66 |
| Poole | £743.75 | £733.33 | £1,750.00 | £1,500.00 | £1,181.77 |
| Bristol | £926.00 | £749.20 | £1,605.95 | £1,261.36 | £1,135.63 |
| Edinburgh | £832.59 | £664.23 | £1,541.80 | £1,174.00 | £1,053.16 |
| Milton Keynes | £891.44 | £728.33 | £1,382.39 | £1,162.50 | £1,041.17 |
| Manchester | £863.16 | £581.80 | £1,475.00 | £959.09 | £969.76 |
Further information can be found at www.karpiakcaravan.com who conducted the research.
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