Rightmove has released a report on Britain’s most and least expensive cities for students to rent in, revealing Carlisle as the least expensive city to rent outside of London.
Tenants paid an average rent of £791 per calendar month (pcm), 41% below the national average.
St Albans was the most expensive city to rent outside London, with tenants paying an average of £2,307 pcm, 71% above the UK average.
The average advertised rent outside London was a record £1,349 pcm.
The annual rate of growth now stands at 5%, an easing of the 12% peak recorded in 2022.
Angharad Trueman, president of ARLA Propertymark, said: “As rents continue to rise across the UK, this report for students should play an important factor when looking to study in order to assess their affordability.
“Students need to ensure they do their research on the area, taking into consideration the location, expenditure and budget as well as vetting out any potential letting agents in the area.”
Tim Bannister, Rightmove’s property expert, added: “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.”
