Overview

• The average monthly private rent rose by £221—21%—to £1,283 in spring 2025 compared with 2022.
• Annual rent inflation cooled from 6.4% last year to 2.8% in the year to April, the lowest rate in four years.
• London remains the most expensive market at £2,101 per month, while Rochdale, Bolton and Wigan recorded the fastest percentage increases.
• The stock of homes available for private rent has stayed broadly static due to weak landlord investment.
• Average mortgage repayments are now about £1,154 per month, surpassing typical rent levels and reshaping affordability dynamics.