Sunderland rents 'third cheapest in UK' - Rightmove reveals average cost for renters in city

Yui Mok/PA Wire
Renters in Sunderland are paying some of the lowest rates in the UK, according to new research.

But households letting a property in Wearside can still expect to pay an average of £807 a month, according to the data - a sum which would be viewed as eye-watering by previous generations.

At the other end of the scale, St Albans in Hertfordshire has topped a list of the most expensive cities to rent outside London.

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Rightmove, which analysed advertised rents in more than 50 cities across Britain, said the average rent being asked in St Albans, a popular location with London commuters, is £2,307 per month. This is 71% above the average.

Oxford was next on the list, with advertised rents averaging £2,237 per month, while Cambridge was placed third, with renters typically facing paying £2,072 per month.

Edinburgh was in sixth place with a typical monthly rent of £1,778.

Carlisle in Cumbria was the most affordable city to rent in the study, with average advertised rents at £791 per month, 41% below the national average.

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The national average advertised rent outside London is a record £1,349 per calendar month, Rightmove said.

The data was released as students prepare to start the new academic year.

Tim Bannister, a property expert at Rightmove, said: “The rental divide across Great Britain is clear, with an average difference of just over £1,500 (per month) between the most expensive and cheapest cities.

“Many of these cities have seen rental growth of over 40% over the past five years, meaning it’s likely to be a significant consideration when students are thinking about where to study, and those who have already graduated working out if they can afford to stay in that city and find a job.”

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Here are average asking rents in the top 10 most expensive cities in Rightmove’s study (figures are for August 2024):

1. St Albans, east of England, £2,307

2. Oxford, South East, £2,237

3. Cambridge, east of England, £2,072

4. Winchester, South East, £2,049

5. Brighton, South East, £2,040

6. Edinburgh, Scotland, £1,778

7. Bristol, South West, £1,758

8. Chelmsford, east of England, £1,686

9. Milton Keynes, South East, £1,590

10. Southend-on-Sea, east of England, £1,495

And here are the 10 cheapest cities to rent in:

1. Carlisle, North West, £791

2. Hull, Yorkshire and the Humber, £804

3. Sunderland, North East, £807

4. Stoke-on-Trent, West Midlands, £863

5. Wrexham, Wales, £874

6. Bradford, Yorkshire and the Humber, £947

7. Preston, North West, £952

8. Doncaster, Yorkshire and the Humber, £974

9. Lancaster, North West, £993

10. Wakefield, Yorkshire and the Humber, £1,030

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