Average rents rose across England throughout the month of February, data from the latest Goodlord Rental Index has revealed.
The data revealed that throughout the month, rents in England averaged at £1,209 per property, compared to £1,162 in February 2024.
This represented a slight slowing of year-on-year rental price growth compared to January 2025, which recorded a year-on-year increase of nearly 5%.
The biggest year-on-year rental rise for February was found in the West Midlands, where prices were up by 7% compared to February 2024 (up from £934 to £1,000).
The smallest annual increase was recorded in the East Midlands, where rents were up by a comparatively modest 2.5% (from £992 to £1,018).
February also delivered a month-on-month rent rise. Prices increased slightly – up by 0.2% – from £1,207 to £1,209 per property, on average.
The biggest monthly rise in rent was recorded in the East Midlands, which saw prices jump by 3% (up from £987 to £1,018), followed by the South East, which recorded a rise of 2% (up from £1,320 to £1,350).
However, increases weren’t seen across the board.
Several regions saw a slight decrease in rents during February; Greater London, the North East and North West all saw minor declines in rental averages.
After hitting record lengths in January, voids – the length of time a property sits vacant between tenancies – headed downwards again during February, with all regions monitored seeing voids slashed.
Voids shortened from an average of 24 days in January to 20 days in February (down 17%).
This was the lowest void length recorded since October 2024.
However, the average of 20 days for February 2025 remained higher than year-on-year figures, with voids in February 2024 recorded at 18 days on average.
William Reeve, CEO of Goodlord, said: “Within the latest figures, we still see signs of rising demand in a market that refuses to cool off.
“Voids have shortened once again after January’s record-breaking lengths.
“And whilst overall rents for February are only slightly higher than January’s figures, we don’t always see month-on-month increases at this time of year.
“These are strong indications that the PRS will continue to heat up alongside the weather.”
