Private sector rent statistics: 2010 - 2017
This publication presents statistics on private sector rent levels in Scotland over the years 2010 to 2017.
Main Findings for 3 Bedroom Properties
Between 2016 and 2017, 15 out of 18 areas saw increases in rents. These ranged from 1.3% in Renfrewshire / Inverclyde and 1.9% in Ayrshires to 10.9% in Forth Valley. Three areas saw decreases; these were North Lanarkshire (-1.6%), Argyll and Bute (-2.1%), and Aberdeen and Shire (-6.9%). This is the third consecutive annual decrease for Aberdeen and Shire, which is likely to reflect decreased demand for rental properties following the downturn in the oil industry. See Chart 6 and Table 3 below.
These regional trends combine to show an increase of 4.6% in average rents from £753 in 2016 to £787 in 2017 for 3 bedroom properties, at the Scotland level. This compares to an increase in the UK Consumer Price Index of 3.0% in the year to Sept-17.
Over the 7 year period from 2010 to 2017, the Greater Glasgow area has seen the greatest increase in private rents for 3 bedroom properties, with average monthly rents rising from £728 to £965, a 32.5% increase (cumulative over 7 years). Average rents have increased in Lothian by 24.6% and by 23.2% in East Dunbartonshire.
For all other areas of Scotland, average rents for 3 bedroom properties have also increased. From 2010 to 2017, cumulative increases have ranged from 1.2% in North Lanarkshire to 17.0% in Forth Valley. Average rents in Aberdeen and Shire have risen by 16.4% over the 7 years despite rents falling between 2014 and 2017.
These regional trends combine to show a 15.9% cumulative increase from £679 in 2010 to £787 in 2017 for 3 bedroom properties at the Scotland level.
Figures on changes to rents for 3 bedroom properties over the period from 2010 to 2017 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 15.9% from Sept-10 to Sept-17. Over the 7 year period, average rents for 3 bedroom properties have risen faster than the consumer price index in 8 areas, shown in Chart 6 below.
Chart 6: Cumulative % Change In Average (mean) Rents from 2010 to 2017 (year to end-Sept), by Broad Rental Market Area - 3-Bedroom Properties
Table 3: 3 Bedroom Properties - Average (mean) Monthly Rents (£): Cumulative Changes 2010 to 2017, by Broad Rental Market Area
| 2010 | 2016 | 2017 | 2010 to 2017 change | 2016 to 2017 change | |
|---|---|---|---|---|---|
| Greater Glasgow | 728 | 915 | 965 | 32.5% | 5.4% |
| Lothian | 918 | 1,112 | 1,144 | 24.6% | 2.9% |
| East Dunbartonshire | 750 | 859 | 924 | 23.2% | 7.5% |
| Forth Valley | 643 | 678 | 752 | 17.0% | 10.9% |
| Fife | 563 | 617 | 657 | 16.7% | 6.5% |
| Perth and Kinross | 647 | 700 | 754 | 16.6% | 7.8% |
| Aberdeen and Shire | 744 | 930 | 866 | 16.4% | -6.9% |
| Highland and Islands | 595 | 672 | 692 | 16.4% | 3.1% |
| Scotland | 679 | 753 | 787 | 15.9% | 4.6% |
| West Lothian | 616 | 691 | 709 | 15.0% | 2.6% |
| Dundee and Angus | 633 | 702 | 717 | 13.4% | 2.2% |
| Scottish Borders | 515 | 546 | 566 | 9.9% | 3.6% |
| Renfrewshire / Inverclyde | 612 | 643 | 652 | 6.5% | 1.3% |
| Ayrshires | 556 | 579 | 590 | 6.0% | 1.9% |
| South Lanarkshire | 627 | 637 | 662 | 5.5% | 3.9% |
| Dumfries and Galloway | 500 | 514 | 526 | 5.3% | 2.4% |
| Argyll and Bute | 638 | 666 | 652 | 2.2% | -2.1% |
| West Dunbartonshire | 591 | 575 | 604 | 2.2% | 5.0% |
| North Lanarkshire | 549 | 564 | 555 | 1.2% | -1.6% |
See Reference Tables ( Tables 7 to 14) for a more detailed breakdown of quartile and average rents for each year.
For the year to end-September 2017, Lothian had the highest average monthly rents for 3 bedroom properties across Scotland (£1,144). Other areas with higher rents than the Scottish average for 3 bedroom properties (£787) were Greater Glasgow (£965), East Dunbartonshire (£924) and Aberdeen and Shire (£866). Areas with the lowest average rents included Dumfries and Galloway (£526), North Lanarkshire (£555), and Scottish Borders (£566). See Chart 7 below.
Chart 7: Average (mean) Monthly Rents from 2017 (year to end-Sept), by Broad Rental Market Area - 3-Bedroom Properties
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