The average monthly home rental payment in the United Kingdom (UK) increased steadily since 2008, reaching 1, 258 British pounds in December 2023. In comparison, the average home buying costs amounted to 1,231 British Pounds that year, meaning that homeowners saved 27 British pounds monthly from the difference.
Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023
(in GBP)
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Lloyds Banking Group. (March 26, 2024). Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023 (in GBP) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/
Lloyds Banking Group. "Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023 (in GBP)." Chart. March 26, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/
Lloyds Banking Group. (2024). Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023 (in GBP). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/
Lloyds Banking Group. "Average Monthly Home Rental Payments in The United Kingdom (Uk) from 2008 to 2023 (in Gbp)." Statista, Statista Inc., 26 Mar 2024, https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/
Lloyds Banking Group, Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023 (in GBP) Statista, https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/ (last visited December 30, 2024)
Average monthly home rental payments in the United Kingdom (UK) from 2008 to 2023 (in GBP) [Graph], Lloyds Banking Group, March 26, 2024. [Online]. Available: https://www.statista.com/statistics/295967/halifax-average-monthly-costs-of-buying-and-renting-a-property/