Rightmove: St Albans named Great Britain’s most expensive city to rent

Rightmove logo

St Albans named Great Britain’s most expensive city to rent outside London

 

  • New analysis reveals St Albans as the most expensive city to rent outside London, with average advertised rents of £2,307 per calendar month (pcm), 71% above the national average
  • Oxford follows closely, with rents averaging £2,237 pcm, while Cambridge is third most expensive, with average advertised rents of £2,072 pcm
  • Meanwhile, Carlisle is the most affordable city to rent in, with average advertised rents at £791 pcm, 41% below the national average
  • The national average advertised rent (outside London) is now a record £1,349 per calendar month, 5% higher than last year

 

New analysis from the UK’s largest property website Rightmove, reveals that St Albans is the most expensive city to rent outside London, with tenants paying an average of £2,307 per calendar month (pcm), 71% above the UK average.

The data comes as students prepare to start the new academic year, highlighting the increase in rental price growth across university cities nationwide.

The most expensive area contrasts with Carlisle, which has the lowest rental prices in Great Britain, with an average rent of £791 pcm, 41% below the national average.

The average advertised rent outside London is now a record £1,349 pcm. The annual rate of growth now stands at 5%, an easing of the 12% peak recorded in 2022.

Rightmove’s property expert, Tim Bannister, said: “The rental divide across Great Britain is clear, with an average difference of just over £1,500 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.”

 

City Trends

Most expensive cities to rent 

 

Cities Region Average monthly advertised rent August 2024 Average monthly advertised rent August 2019 5 year % change
St. Albans East of England £2,307 £1,738 +33%
Oxford South East £2,237 £1,588 +41%
Cambridge East of England £2,072 £1,483 +40%
Winchester South East £2,049 £1,565 +31%
Brighton South East £2,040 £1,530 +33%
Edinburgh Scotland £1,778 £1,251 +42%
Bristol South West £1,758 £1,191 +48%
Chelmsford East of England £1,686 £1,204 +40%
Milton Keynes South East £1,590 £1,137 +40%
Southend-On-Sea East of England £1,495 £1,077 +39%

 

 

Cheapest cities to rent 

 

Cities Region Average monthly rental payment August 2024 Average monthly rental payment August 2019 5 year % change
Carlisle North West £791 £539 +47%
Hull Yorkshire and The Humber £804 £591 +36%
Sunderland North East £807 £591 +37%
Stoke-On-Trent West Midlands £863 £584 +48%
Wrexham Wales £874 £589 +48%
Bradford Yorkshire and The Humber £947 £581 +63%
Preston North West £952 £642 +48%
Doncaster Yorkshire and The Humber £974 £649 +50%
Lancaster North West £993 £723 +37%
Wakefield Yorkshire and The Humber £1,030 £707 +46%

 

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More