Rental price and average salary tracker – April 2026

Mixed Rental Trends Emerge Across UK as Regional Price Gaps Widen

  • Scotland recorded one of the strongest monthly increases, with average rents rising from £1,123 to £1,167 (+3.9% month-on-month), reinforcing continued upward pressure in the Scottish rental market.
  • Northern Ireland also saw significant growth, with rents increasing from £887 to £920 (+3.7%), alongside a fall in annual salary requirements to £27,600 (-2.4% year-on-year), indicating improving affordability on income measures despite rising rents.
  • London rebounded after the previous dip, with average rents rising from £2,193 to £2,259 (+3.0% month-on-month).
  • Regional divergence remains clear, with Wales (-3.4%), the North East (-3.0%), and the North West (-2.6%) all seeing monthly rent declines, highlighting a split between growth and correction across the UK.

This monthly report provides a comprehensive analysis of the current private rented sector in the UK by examining the average agreed rental prices alongside the typical average annual salary required by referencing agencies to affordably rent across various regions. By exploring these key indicators, we aim to shed light on the affordability and accessibility of private rented housing relative to income levels, offering valuable insights, especially for those navigating the dynamic landscape of the UK’s housing market.

April 2026:

Location Average rental price Representative average annual salary needed to secure the average-priced home (before tax and any deductions)
Scotland £1,167 £35,010
Northern Ireland £920 £27,600
Wales £1,009 £30,270
East Midlands £987 £29,610
East of England £1,348 £40,440
London (inner and outer London) £2,259 £67,770
North East £836 £25,080
North West £1,061 £31,830
South East £1,482 £44,460
South West £1,284 £38,520
West Midlands £1,033 £30,990
Yorkshire and Humberside £950 £28,500

April 2025 (for comparison): 

Location Average rental price Representative average annual salary needed to secure the average-priced home (before tax and any deductions)
Scotland £1,154 £34,620
Northern Ireland £943 £28,290
Wales £999 £29,970
East Midlands £979 £29,370
East of England £1,329 £39,870
London (inner and outer London) £2,247 £67,410
North East £876 £26,280
North West £1,072 £32,160
South East £1,505 £45,150
South West £1,266 £37,980
West Midlands £1,045 £31,350
Yorkshire and Humberside £927 £27,810

Change seen in the average salary required year-on-year:

Location April 2025 – typical annual salary needed to secure a home (before tax and deductions) April 2026 – typical annual salary needed to secure a home (before tax and deductions) % change in salary needed
Scotland £34,620 £35,010 +1.1%
Northern Ireland £28,290 £27,600 −2.4%
Wales £29,970 £30,270 +1%
East Midlands £29,370 £29,610 +0.8%
East of England £39,870 £40,440 +1.4%
London (inner and outer London) £67,410 £67,770 +0.5%
North East £26,280 £25,080 −4.6%
North West £32,160 £31,830 −1%
South East £45,150 £44,460 −1.5%
South West £37,980 £38,520 +1.4%
West Midlands £31,350 £30,990 −1.2%
Yorkshire and Humberside £27,810 £28,500 +2.5%

Average monthly rental price month-on-month comparison (March 2026 – April 2026):

Location Average monthly rental price – March 2026 Average monthly rental price – April 2026 Percentage change (difference from March to April)
Scotland £1,123 £1,167 +3.9%
Northern Ireland £887 £920 +3.7%
Wales £1,044 £1,009 −3.4%
East Midlands £979 £987 +0.8%
East of England £1,328 £1,348 +1.5%
London (inner and outer London) £2193 £2,259 +3%
North East £862 £836 −3%
North West £1,089 £1,061 −2.6%
South East £1495 £1,482 −0.9%
South West £1309 £1,284 −1.9%
West Midlands £1,040 £1,033 −0.7%
Yorkshire and Humberside £945 £950 +0.5%

Megan Eighteen, President of ARLA Propertymark (Association of Residential Letting Agents), comments:

“The latest figures continue to show a highly regionalised rental market, with some areas experiencing noticeable monthly growth while others are seeing mild corrections. This divergence reflects ongoing imbalances between supply and demand across different parts of the UK, rather than a uniform national trend.

“While rental inflation has generally moderated compared with previous peaks, the most recent data highlights that conditions remain mixed, with continued pressure in higher-demand locations such as London and Scotland, alongside softer or declining rents in parts of Wales and northern England.

“Looking ahead, the market remains sensitive to broader economic conditions and evolving regulatory changes. With the Renters’ Rights Act commencing across England in May 2026, the sector will also be entering a period of transition as landlords and letting agents adapt to the new legislative framework. How this interacts with existing affordability pressures and supply dynamics will be an important factor to monitor over the coming months.

“Overall, affordability remains a key constraint for many households, and the direction of rents is likely to continue varying significantly by region rather than moving in a single national pattern.”

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Crowded beaches - Clacton-on-Sea in Essex
Breaking News

1 in 7 consider moving home to manage cooling costs in hotter weather

Two in five adults (40 per cent) say they would prefer to invest in home improvements to reduce overheating from the outset, rather than rely on cooling devices Three in 10 (30 per cent) are concerned about the impact of using electricity for cooling on their energy bills, while over four in 10 (44 per…
Read More
Breaking News

UK property fall-throughs cost estate agents estimated £2.8m every day

The latest research from GetAgent has found that property fall-throughs are costing UK estate agents an estimated £2.8m per day in delayed or lost commission income, highlighting the substantial financial impact that failed transactions continue to have across the industry. The research analysed residential property transactions that fell through during May 2026, alongside average regional…
Read More
Breaking News

Where are the UK’s most Instagrammable streets?

· New research from Lloyds reveals the most popular streets on Instagram and TikTok · Bath’s Royal Crescent tops the list, where average house prices are £590,786 · London, Edinburgh, Bristol, Cardiff and Manchester all feature in the top 20 · From £1.66m in Notting Hill to £158,559 near Loch Lomond – picture-perfect streets feature…
Read More
to let sign 2025
Letting Agent Talk

Northern Ireland emerging as one of the UK’s most attractive long-term rental investments

Northern Ireland rents have increased by approximately 51% over the past five years Tenant enquiries have risen by approximately 33%, highlighting continued demand for quality rental accommodation. Four of the five fastest-growing housing markets in the UK are located in Northern Ireland 26% of landlords in England sold at least one rental property during 2024,…
Read More
Estate Agent Talk

Homebuyers demand same-day conveyancing updates

New research from Lyons Bowe solicitors reveals that Britain’s homebuyers have little tolerance for poor communication during the conveyancing process, with buyers increasingly expecting same-day updates, prompt responses, and swift notification of any issues that could impact their purchase. The survey of current and recent homebuyers who have purchased a property within the last two years,…
Read More
Breaking News

Breaking Property News 25/6/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Detecting property moisture defects without invasive or damaging procedures BEST Training, a specialist CPD provider for the built environment, has now launched Module 2 of its advanced course series: Investigating Moisture in Traditional Buildings. The module offers an end-to-end diagnostic curriculum for professionals working…
Read More