Private sector rent statistics: 2010 - 2020

This publication presents statistics on average private sector rent levels in Scotland by Broad Rental Market Area and size of property, for the years 2010 to 2020.

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5. Main Findings for 3 Bedroom Properties

In the year to end September 2020, average 3 bedroom rents increased above CPI inflation of 0.5% in 10 out of 18 areas, with the largest increases being in Forth Valley (11.6%) and Argyll and Bute (13.2%).

Four areas saw little change (within +/-0.5%) in average rents compared with the previous year, including Aberdeen and Shire, Greater Glasgow, Highland and Islands and Perth and Kinross.

Average rents decreased by more than 0.5% in Dumfries and Galloway (-0.6%), West Lothian (-0.7%), Renfrewshire / Inverclyde (-1.3%) and Dundee and Angus (-1.5%).

Average rents for 3 bedroom properties at the Scotland level have increased by an estimated 2.2% between 2019 and 2020, to reach £844 in 2020. This compares to an increase in the UK Consumer Price Index of 0.5% in the year to Sept-20.

Figures on longer term changes to rents for 3 bedroom properties over the period from 2010 to 2020 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 21.5% from Sept-10 to Sept-20.

Over the 10 year period from 2010 to 2020, nine areas have seen rent increases above the level of CPI inflation, ranging from an increase of 22.2% in Highland and Islands up to 46.4% in Lothian.

For the remaining nine areas of Scotland, cumulative increases have been below CPI inflation, and have ranged from 6.7% in North Lanarkshire to 19.1% in Aberdeen and Shire.

These regional trends combine to show an estimated 25.3% cumulative increase for 3 bedroom properties between 2010 and 2020, to reach £844 in 2020. See Table 3 and Chart 6 below.

Table 3: 3 Bedroom Properties - Average (mean) monthly rents (£): Cumulative changes 2010 to 2020, by Broad Rental Market Area
2010 2019 2020 2010 to 2020 change 2019 to 2020 change
Lothian 918 1,329 1,344 46.4% 1.1%
Greater Glasgow 728 1,029 1,028 41.2% -0.1%
Forth Valley 643 801 893 39.0% 11.6%
East Dunbartonshire 750 946 976 30.1% 3.2%
Fife 563 714 718 27.5% 0.6%
Scotland* 674 826 844 25.3% 2.2%
West Lothian 616 769 764 24.0% -0.7%
Dundee and Angus 633 795 783 23.8% -1.5%
Scottish Borders 515 616 630 22.4% 2.4%
Highland and Islands 595 726 727 22.2% 0.1%
Aberdeen and Shire 744 889 886 19.1% -0.4%
Perth and Kinross 647 759 762 17.7% 0.4%
Argyll and Bute 638 654 741 16.2% 13.2%
West Dunbartonshire 591 639 674 14.1% 5.5%
South Lanarkshire 627 699 710 13.2% 1.5%
Dumfries and Galloway 500 551 547 9.6% -0.6%
Renfrewshire / Inverclyde 612 666 658 7.6% -1.3%
Ayrshires 556 583 597 7.3% 2.3%
North Lanarkshire 549 569 585 6.7% 2.9%
Chart 6: Lothian, Greater Glasgow and Forth Valley have seen the largest cumulative % rises in average 3 bedroom rents between 2010 and 2020
Cumulative percentage Change in Average (mean) Rents from years to end September 2010 to 2020,  by Broad Rental Market Area for 3-Bedroom Properties

For the year to end-September 2020, Lothian had the highest average monthly rents for 2 bedroom properties across Scotland (£1,344). Areas with the lowest average rents for 2 bedroom properties included North Lanarkshire (£585) and Dumfries and Galloway (£547). See Chart 7 below.

Chart 7: In 2020, Lothian had the highest average monthly 2 bedroom rent (£1,344), with Dumfries and Galloway having the lowest (£547)
Average (mean) Monthly Rents 2020 for year to end-September, by Broad Rental Market Area for 3-Bedroom Properties

Contact

Email: housingstatistics@gov.scot

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