Property Investments UK has identified Manchester as the top city for renters in 2025, with 62% of households renting.
Experts at Property Investments UK analysed key metrics such as the number of rented properties, tenant satisfaction, university populations, employment rate, and affordability.
Manchester offered 133,126 rented properties, a tenant satisfaction rate of 73%, and a young adult population of 17%.
Norwich ranked second with 57% of households renting and a tenant satisfaction rate of 64%.
Real estate experts at Property Investments UK said: “Manchester’s appeal as a rental hotspot lies in its dynamic mix of culture, connectivity, and opportunity.
“The city’s extensive transport network, thriving university scene, and vibrant social atmosphere make it incredibly attractive to renters, particularly young professionals and students.
“For investors, these qualities ensure a steady influx of tenants and sustained rental demand, making Manchester a compelling choice for building a property portfolio.”
Oxford led in tenant satisfaction at 78%, driven by a strong university presence.
Meanwhile, London remained the largest rental market with over 1.8 million rented properties, despite its high affordability ratio.
In contrast, Rochford was the least renter-heavy, with only 19% of households renting and a higher affordability ratio of 9.15.
Solihull has an 81% tenant satisfaction rate, appealing to both young professionals and families, while Stroud led in the proportion of young adult renters at 26%.
Property Investments UK said: “The UK rental market is shifting towards areas that offer a balance of affordability, tenant satisfaction, and community appeal.
“Cities like Manchester and Liverpool are thriving due to strong university populations, robust job markets and improved infrastructure.
“However, the success of rental markets now relies on more than just the number of renters – it’s about the quality of life in these areas.”
Property Investments UK added: “For investors, tenant satisfaction is becoming a critical factor. High-performing rental markets combine affordability, good transport links and local amenities.
“Locations with high tenant satisfaction present opportunities for long-term capital growth.
“These areas are increasingly attractive to families and young professionals seeking a peaceful, affordable environment.
“As the demand for flexible housing grows, smaller cities and suburban markets are showing strong investment potential.”
They said: “The work-from-home trend continues to shift demand outside major cities, making suburban hubs increasingly lucrative for investors.
“Looking ahead, areas with a mix of affordability, tenant contentment, and diverse demographics will offer the best returns.
“By focusing on these high-potential locations, investors can tap into the long-term growth of the UK rental market.”
