Average monthly home rental payments in the UK 2008-2023

Published by Statista Research Department, Sep 3, 2024

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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Release date

March 2024

Region

United Kingdom

Survey time period

2008 to 2023; as of December of each year

Supplementary notes

Rental costs are 12 months to December.
Weighted average of regional data using private rental housing tenure figures.

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Introduction

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Rental prices

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Landlords

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Tenants

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