How much people across Greater Manchester are now spending on rent
It is no secret that renting has become all the more unaffordable in recent years. Renters are now charged an average of £1,178 a month in England, according to the latest figures from the Office for National Statistics, with 34.2 percent of the average household income spent on rent.
Manchester is now the second most expensive place to rent a home in Great Britain, behind Kensington and Chelsea, as renting across the city takes up more and more of people’s income.
The typical private rent in Manchester now costs 45.6 percent, almost half, of the average household income, compared to Kensington and Chelsea in London, where 52.2 percent of the average household income is spent on rent.
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But it’s not just in Manchester where rent prices are becoming more expensive. Trafford is now the 10th highest area in the country and the second highest in the North after Manchester.
Trafford has seen a particularly sharp increase, with rents making up 33 percent of the average household income in 20/21 to 40.1 percent in the latest figures.
Salford is the next least affordable place to rent privately in Greater Manchester with 37 percent of the average household income going on rent. The city ranks in 24th place across Great Britain, and is more than the average across England.
Meanwhile, renting in Wigan is the most affordable, with 23.5 percent of the average household income going on rent.
Amount of average household income spent on rent in every Greater Manchester borough:
Manchester: 45.6 percent
Trafford: 40.1 percent
Salford: 37 percent
Stockport: 33 percent
Bury: 31.4 percent
Bolton: 30.6 percent
Oldham: 30.2 percent
Tameside: 28.9 percent
Rochdale: 26.4 percent
Wigan: 23.5 percent
Enter your postcode to see how affordable renting is in your local area using our interactive map: