United Kingdom
October 2021
Rent Report

ONS maps rental affordability

Go back to blogs page
Back

The Office for National Statistics (ONS) has mapped out rental affordability in England, revealing some big regional differences.

The study compared the median pre-tax income of privately renting households with median private rents across nine English regions. Properties were judged as affordable if a household could rent them for 30% or less of its income.

The least affordable region was, unsurprisingly, London. On average, London households spent 37.7% of their income on rent, and only the top 25% of households by income could rent affordably in the capital. 

However, tenants on median incomes could find affordable properties in all other English regions. On average, households in the private rented sector could expect to spend 23% of their income on rent in 2020 – the lowest rate since the ONS began this study in 2012.

For lower-income households (the poorest 25% by household income), the picture is a little less positive. The study found that they would not be able to find affordable properties in seven out of nine English regions, and would only be able to afford the cheapest rental properties in the East Midlands or North West.

Other landlord headlines

HMRC discovers huge numbers of landlords avoiding tax – Landlord Today

‘Broken’ evictions system revealed by landlord’s £100k repossession – LandlordZONE

UK landlords call to Michael Gove to treat them fairly – Landlord News

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Subscribe
Subscribe to our blog and we will keep you informed of new market reports, blog posts, product and industry news

Interested in hearing more about their stories? Here are a few more of our client videos.

Carrie Alliston, Hunters
Ximena Davidson, East Vista Management
David Summerton, Harcourts Summerton
Dave Votta, Votta Sales & Lettings
Pascual Candia, Venecan Property Management
Chris Lesky, PADRentals
Robert Budd, New Forest Rentals
Mark Shanta, Shanta Residential
Paul Stevens, Just Property
Ellie Bell-Jenks, Dourish & Day
Shannon Lesky, PADRentals
Charlie Green, Hunters

You might also like