Publication - Statistics

Private sector rent statistics: 2010 - 2018

Published: 27 Nov 2018
Directorate:
Housing and Social Justice Directorate
Part of:
Housing, Statistics
ISBN:
9781787813991

This publication presents statistics on private sector rent levels in Scotland over the years 2010 to 2018.

60 page PDF

3.8 MB

60 page PDF

3.8 MB

Contents
Private sector rent statistics: 2010 - 2018
Main Findings for 1 Bedroom Properties

60 page PDF

3.8 MB

Main Findings for 1 Bedroom Properties

Over the past year, 13 out of 18 areas have seen increases in average rents for 1 bedroom properties. East Dunbartonshire has seen the highest increase (6.8%) while Greater Glasgow has seen an increase of 4.2%. Both of these areas, as well as Scottish Borders, (3.5%), Lothian (3.3%), Forth Valley (3.2%) and West Lothian (2.7%) are areas that have shown increases which are higher than the CPI inflation of 2.4% in 2017-2018. Other areas that have seen increases range from 0.1% in the Ayrshires to 1.7% in Argyll and Bute. Four areas saw a decrease, ranging from a 0.6% drop in Renfrewshire/Inverclyde to a 5.6% drop in Aberdeen and Shire. This is the third consecutive annual decrease for Aberdeen and Shire, which is likely to reflect decreased demand for rental properties in recent years following the downturn in the oil industry. See Chart 2 and Table 1 below.

Average rents for 1 bedroom properties have increased by 1.7% between 2017 and 2018, at the Scotland level, from £501 in 2017 to £510 in 2018. This compares to an increase in the UK Consumer Price Index of 2.4% in the year to Sept-18.

Figures on changes to rents for 1 bedroom properties over the period from 2010 to 2018 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 18.7% from Sept-10 to Sept-18. Over the 8 year period from 2010 to 2018, two areas have seen rent increases above the level of CPI inflation. Lothian has seen the highest increase in private rents for 1 bedroom properties, with average rents rising by 39.8% (cumulative increase over 8 years) and average rents in the Greater Glasgow area have risen by 30.9% between 2010 and 2018.

For the remaining areas of Scotland, cumulative increases were below CPI inflation and have ranged from 2.0% in West Dunbartonshire to 15.9% in East Dunbartonshire. Two areas saw average rents fall between 2010 and 2018. These were the Ayrshires (-1.3%) and Aberdeen and Shire (-10.6%). These regional trends combine to show a 16.9% cumulative increase for 1 bedroom properties from £436 in 2010 to £510 in 2018.

Chart 2: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 1-Bedroom Properties

Chart 2: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 1-Bedroom Properties

Table 1: 1 Bedroom Properties - Average (mean) Monthly Rents (£): Cumulative Changes 2010 to 2018, by Broad Rental Market Area

2010 2017 2018 2010 to 2018 change 2017 to 2018 change
Lothian 520 704 728 39.8% 3.3%
Greater Glasgow 437 549 572 30.9% 4.2%
Scotland 436 501 510 16.9% 1.7%
East Dunbartonshire 450 488 521 15.9% 6.8%
West Lothian 428 477 490 14.4% 2.7%
Highland and Islands 415 470 471 13.4% 0.0%
Dundee and Angus 351 394 390 11.2% -0.9%
Argyll and Bute 382 417 424 11.0% 1.7%
Forth Valley 387 415 428 10.6% 3.2%
Fife 379 411 413 9.1% 0.5%
Perth and Kinross 377 416 410 8.6% -1.5%
Dumfries and Galloway 359 383 389 8.3% 1.4%
Scottish Borders 336 345 357 6.2% 3.5%
North Lanarkshire 373 390 394 5.6% 1.0%
South Lanarkshire 382 391 397 3.8% 1.4%
Renfrewshire / Inverclyde 374 387 384 2.7% -0.6%
West Dunbartonshire 397 399 405 2.0% 1.5%
Ayrshires 375 370 370 -1.3% 0.1%
Aberdeen and Shire 529 501 473 -10.6% -5.6%

See Reference Tables (Tables 7 to 15) for a more detailed breakdown of quartile and average rents for each year.

For the year to end-September 2018, Lothian had the highest average monthly rents for 1 bedroom properties across Scotland (£728), with Greater Glasgow having rents of £572. Areas with the lowest average rents for 1 bedroom properties included Scottish Borders (£357) and Ayrshires (£370). See Chart 3 below.

Chart 3: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 1-Bedroom Properties

Chart 3: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 1-Bedroom Properties


Contact

Email: Felix Palin