- Hull and Sunderland tie as the most cost effective cities for scholar renters, with common rents at £804 per 30 days – 41% under the nationwide common
- A two-bedroom flat prices a mean of £1,612 nationwide, whereas a four-bedroom home averages £2,260 per 30 days
- St. Albans tops the checklist of the most costly locations to lease at £2,359 a month on common, almost 3 times greater than Hull and Sunderland
As September rolls round once more, hundreds of scholars throughout the nation are packing up their lives and heading off to begin or return to school. However with rents at file ranges, the price of discovering someplace to reside is probably going weighing closely on many college students’ minds when selecting the place to review.
We’ve crunched the numbers throughout greater than 50 cities in Nice Britain to seek out out the place college students can get the very best worth for cash when renting their first house away from house.
The highest 3 least expensive scholar cities
Hull and Sunderland share the highest spot as joint winners for affordability, with common rents of £804 per 30 days. Each cities provide nice worth for cash whereas nonetheless offering all of the facilities college students want, from vibrant nightlife to glorious transport hyperlinks.
Carlisle takes third place at £828 per 30 days. This northern metropolis affords college students the possibility to review whereas being surrounded by a few of England’s most lovely countryside, with the Lake District and Scottish borders proper on the doorstep.
All three cities are considerably cheaper than the nationwide common of £1,565 per 30 days, that means college students may save lots of of kilos on rental funds when in comparison with finding out elsewhere.
Our property professional, Colleen Babcock, affords some sensible steering: “Shifting to a brand new metropolis or simply out of the household house for the primary time is an thrilling expertise for a lot of college students, however looking for that first place to lease will be exhausting. To make it simpler, deciding in your finances vary first might help you slim the choices. When you’re discovering it troublesome to discover a house that ticks all of your containers, think about which areas you’re prepared to compromise on. For instance, you may transfer to an space farther from transport or outdoors a metropolis centre to make your finances go additional. Another choice is likely to be to share with mates and break up the lease. Native property brokers might be in the very best place to information you on obtainable locations inside your finances, that tick most of your containers.”
Even in case you’re seeking to share lodging, prices range dramatically by location. The typical marketed lease for a two-bedroom flat – good for sharing with a good friend – is now £1,612 per 30 days nationwide. For these planning to reside with a bigger group, a four-bedroom home averages £2,260 per 30 days.
10 least expensive cities for scholar renters
Right here’s the total rundown of essentially the most inexpensive cities for college students to lease in Nice Britain. All 10 cities provide considerably higher worth than the nationwide common, with a number of providing rents underneath £1,000 per 30 days.
| Cities | Area | Common month-to-month rental cost | Annual change % | 5 12 months % change |
|---|---|---|---|---|
| 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 scholar renters (outdoors London)
On the different finish of the dimensions, St. Albans tops the costly checklist at £2,359 per 30 days, which is almost 3 times the price of Hull or Sunderland. Oxford comes second at £2,093, adopted by Brighton at £2,031. In London, common rents have reached a file £2,712 per 30 days.
| Cities | Area | Common month-to-month rental cost | Annual change % | 5 12 months % 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’s value noting that even within the least expensive cities, affordability stays difficult. Eight out of the ten lowest-priced cities have seen rents rise by over a 3rd in comparison with 5 years in the past, which is reflecting the broader rental market pressures impacting college students.
When you’re fascinated with renting a house quickly, there are issues you are able to do to spice up your possibilities of getting a viewing of the house you need. Begin your seek for a rental house right here.
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