Average cost of rent in the UK April 2022-2023, by region

The average rent for a house in the United Kingdom (UK) increased across all regions in 2023. Greater London was not only the region with the priciest rent, exceeding 2,000 British pounds, but also the region with the second-highest annual increase. Housing in the UK is more expensive than in other European country, largely because of prices in the capital city of London.

UK increasingly a rental market

The data provided here was based on rents paid, instead of advertising costs or asking prices. In recent years, the UK’s residential property market has slowly become more favorable for renters as indicated by the growing house price to rent ratio.

Is London becoming too expensive?

Londoners spent the biggest proportion of their income on rent, more than one third of a household’s income. High rents might have sparked a move away from the capital to other regions in the UK, such as the South East (Brighton and Southampton), the West Midlands (Birmingham) and the North West (Liverpool, Manchester, Blackpool and Preston).