Yahoo News Stoke-on-Trent named in top four UK cities for cheap rent
Stoke-on-Trent has been named on a list of the cheapest UK cities to rent. Rightmove, which analysed advertised rents in more than 50 cities excluding London, said the average rent being asked in the Potteries is £863 a month.
This means it is the fourth most affordable place to live in the country. By comparison, this is nearly three times cheaper than St Albans in Hertfordshire, a popular location with London commuters, is £2,307 per month.
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.
READ MORE:Portmeirion suffers £2 million loss months after jobs cut announcement
READ MORE:Man charged with criminal damage after windows smashed on Newcastle High Street
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.
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.”
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
