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Household rent to income ratio in the United Kingdom (UK) 2018-2019, by region

The average cost of rent to household income ratio in the United Kingdom (UK) remained consistent between December 2018 and December 2019. London had the highest household rent to income ratio despite a slight decrease during the period. The North East of England saw the lowest rent to income ratio across the UK of 23.7 percent in October 2019.

Slight reprieve for renters

Things got a little easier on renters across many parts of the United Kingdom. The Wales saw the largest decrease in rent to income, falling by 2.2 percent as of December 2019. At the other end of the scale, Northern Ireland saw an average increase of 1.2 percent.

Cost of rent continues to rise

As of March 2020, the average cost of rent in Greater London increased by 60 British pounds as compared to the same period of 2019. The average cost of rent in England’s capital was more than three times that in the North East of England.

Ratio of household rent to income in the United Kingdom (UK) December 2018 and December 2019, by region

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Source

Release date

January 2020

Region

United Kingdom

Survey time period

August 2019 to August 2020

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Statistics on "Residential rental market in the United Kingdom (UK)"

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