10 most inexpensive cities for renters

  • Hull and Sunderland connection as the least expensive cities for pupil occupants, with typical rents at ₤ 804 monthly– 41 % listed below the nationwide typical
  • A two-bedroom level prices an average of ₤ 1, 612 nationwide, while a four-bedroom home standards ₤ 2, 260 per month
  • St. Albans covers the checklist of the most expensive locations to lease at ₤ 2, 359 a month typically, almost three times more than Hull and Sunderland

As September rolls around again, hundreds of trainees across the country are leaving their lives and heading off to begin or return to university. However with leas at document degrees, the expense of discovering someplace to live is likely taxing numerous pupils’ minds when choosing where to study.

We’ve ground the numbers across more than 50 cities in Great Britain to learn where students can get the best value for cash when renting their first home far from home.

The top 3 most inexpensive trainee cities

Hull and Sunderland share the top area as joint champions for cost, with ordinary leas of ₤ 804 monthly. Both cities provide fantastic worth for money while still giving all the facilities pupils need, from vivid night life to superb transportation links.

Carlisle takes 3rd area at ₤ 828 each month. This northern city offers students the opportunity to study while being bordered by some of England’s a lot of beautiful countryside, with the Lake Area and Scottish borders precisely the front door.

All three cities are substantially more affordable than the national standard of ₤ 1, 565 monthly, suggesting trainees might save hundreds of extra pounds on rental settlements when compared to examining in other places.

Our residential or commercial property specialist, Colleen Babcock, provides some useful advice: “Moving to a new city or just out of the household home for the very first time is an amazing experience for several students, yet looking for that first place to lease can be hard. To make it much easier, choosing your budget plan array initially can help you narrow the choices. If you’re discovering it difficult to find a home that ticks all your boxes, think about which areas you’re willing to jeopardize on. For example, you might move to an area additionally from transport or outside a city centre to make your budget go better. Another alternative could be to show friends and split the rent. Local estate agents will certainly remain in the very best placement to direct you on readily available areas within your budget plan, that tick a lot of your boxes.”

Even if you’re aiming to share accommodation, costs vary drastically by area. The typical marketed rental fee for a two-bedroom level– excellent for showing to a friend– is currently ₤ 1, 612 monthly nationwide. For those preparing to deal with a bigger team, a four-bedroom house standards ₤ 2, 260 each month.

10 least expensive cities for student renters

Right here’s the complete run-through of one of the most budget friendly cities for students to rent in Great Britain. All 10 cities provide considerably much better worth than the nationwide average, with numerous supplying rental fees under ₤ 1, 000 per month.

Cities Region Average monthly rental payment Annual change % 5 year % modification
Hull Yorkshire ₤ 804 5 % 35 %
Sunderland North East ₤ 804 5 % 45 %
Carlisle North West ₤ 828 11 % 51 %
Stoke-On-Trent West Midlands ₤ 894 5 % 53 %
Doncaster Yorkshire and The Humber ₤ 923 5 % 50 %
Bradford Yorkshire and The Humber ₤ 930 3 % 67 %
Wrexham Wales ₤ 947 – 5 % 45 %
Dundee Scotland ₤ 963 0% 66 %
Durham North East ₤ 964 – 8 % 22 %
Aberdeen Scotland ₤ 977 – 1 % 24 %

10 most costly cities for pupil tenants (outside London)

At the various other end of the scale, St. Albans tops the expensive listing at ₤ 2, 359 monthly, which is almost three times the price of Hull or Sunderland. Oxford comes second at ₤ 2, 093, complied with by Brighton at ₤ 2, 031 In London, typical rental fees have actually reached a record ₤ 2, 712 monthly.

Cities Region Ordinary monthly rental settlement Yearly modification % 5 year % change
St. Albans East of England ₤ 2, 359 10 % 36 %
Oxford South East ₤ 2, 093 0% 37 %
Brighton South East ₤ 2, 031 5 % 47 %
Winchester South East ₤ 2, 008 – 3 % 28 %
Cambridge East of England ₤ 1, 971 – 3 % 38 %
Chelmsford East of England ₤ 1, 717 1 % 40 %
Bristol South West ₤ 1, 660 – 1 % 39 %
Milton Keynes South East ₤ 1, 620 4 % 44 %
Edinburgh Scotland ₤ 1, 594 – 1 % 47 %
Canterbury South East ₤ 1, 449 1 % 36 %

It deserves noting that even in the least expensive cities, affordability remains challenging. 8 out of the 10 lowest-priced cities have actually seen rental fees rise by over a third compared to five years ago, which is mirroring the broader rental market pressures influencing students.

If you’re considering leasing a home quickly, there are things you can do to boost your possibilities of getting a watching of the home you desire. Begin your look for a rental home right here

READ MORE: Leading 5 neighbor red flags, as elected by you

Leave a Reply

Your email address will not be published. Required fields are marked *