YORKSHIRE
SCOTLAND
NORTH
WEST
SOUTH EAST
LONDON
WALES
WEST
MIDLANDS
EAST
MIDLANDS
SOUTH WEST
EAST
NORTH
EAST
To view the insights for a particular region click on that region on the map.
THE DPS RENT INDEX - A look back at how rents changed in 2022
During 2022 average rents in London rose £160 (11.58%) from £1,381 to £1,541.
London is the number 1 most expensive region for average rents.
The elements that can make the rental market fluctuate are changing every day. We produce the DPS Rent Index each quarter to ensure you have the latest data and figures available.
However, the nature of the quarterly Index means we can’t include as much information as we’d like to. Our 2022 annual review allows you to view more of the regional insights on rents and view regional trends not available in our quarterly reports.
To view the insights for a particular region click on that region on the map.
of their annual salary
on rent
UK average rent 2022:
£878
33.09%
Average UK renter pays
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Average wage
£41,866
When, comparing rents as a percentage of average wage London is the 11th most affordable region for renting
At the end of 2022, average rents required 44.51% of the average wage, 4.62% more than at the end of 2021
Average wage
£34,431
During 2022 average rents in the South East rose £53 (5.52%) from £961 to £1,014.
The South East is the number 2 most expensive region for average rents.
When, comparing rents as a percentage of average wage the South East is the 10th most affordable region for renting.
At the end of 2022, average rents required 35.61% of the average wage, 1.86% more than at the end of 2021.
LONDON
SOUTH EAST
Average wage
£31,339
During 2022 average rents in the South West rose £60 (7.19%) from £834 to £894.
The South West is the number 4 most expensive region for average rents.
When, comparing rents as a percentage of average wage the South West is the 8th most affordable region for renting.
At the end of 2022, average rents required 34.50% of the average wage, 2.32% more than at the end of 2021.
SOUTH WEST
Average wage
£32,539
During 2022 average rents in the East rose £62 (7.02%) from £883 to £945.
The East is the number 3 most expensive region for average rents.
When, comparing rents as a percentage of average wage the East is the 9th most affordable region for renting.
At the end of 2022, average rents required 35.12% of the average wage, 2.30% more than at the end of 2021.
EAST
Average wage
£30,326
During 2022 average rents in the East Midlands rose £45 (7.03%) from £640 to £685.
The East Midlands is the number 8 most expensive region for average rents.
When, comparing rents as a percentage of average wage the East Midlands is the 5th most affordable region for renting.
At the end of 2022, average rents required 27.32% of the average wage, 1.80% more than at the end of 2021.
EAST MIDLANDS
Average wage
£31,601
During 2022 average rents in the West Midlands rose £58 (8.46%) from £685 to £743.
The West Midlands is the number 5 most expensive region for average rents.
When, comparing rents as a percentage of average wage the West Midlands is the 7th most affordable region for renting.
At the end of 2022, average rents required 28.43% of the average wage, 2.22% more than at the end of 2021.
WEST MIDLANDS
Average wage
£30,000
During 2022 average rents in Yorkshire rose £32 (5.50%) from £582 to £614.
Yorkshire is the number 10 most expensive region for average rents.
When, comparing rents as a percentage of average wage Yorkshire is the most affordable region for renting.
At the end of 2022, average rents required 24.75% of the average wage, 1.29% more than at the end of 2021.
YORKSHIRE
Average wage
£30,716
During 2022 average rents in the North West rose £58 (8.99%) from £645 to £703.
The North West is the number 7 most expensive region for average rents.
When, comparing rents as a percentage of average wage the North West is the 6th most affordable region for renting.
At the end of 2022, average rents required 27.68% of the average wage, 2.29% more than at the end of 2021.
NORTH WEST
Average wage
£29,521
During 2022 average rents in the North East rose £53 (9.57%) from £554 to £607.
The North East is the number 11 most expensive region for average rents.
When, comparing rents as a percentage of average wage the North East is the 2nd most affordable region for renting.
At the end of 2022, average rents required 24.87% of the average wage, 2.18% more than at the end of 2021.
NORTH EAST
Average wage
£33,332
During 2022 average rents in Scotland rose £79 (12.02%) from £657 to £736.
Scotland is the number 6 most expensive region for average rents.
When, comparing rents as a percentage of average wage Scotland is the 3rd most affordable region for renting.
At the end of 2022, average rents required 26.70% of the average wage, 2.86% more than at the end of 2021.
SCOTLAND
Average wage
£30,596
During 2022 average rents in Wales rose £38 (5.93%) from £641 to £679.
Wales is the number 9 most expensive region for average rents.
When, comparing rents as a percentage of average wage Wales is the 4th most affordable region for renting.
At the end of 2022, average rents required 26.84% of the average wage, 1.50% more than at the end of 2021.
WALES
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