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Scottish Parliament election: 7 May. This site won't be routinely updated during the pre-election period.

Scottish Housing Market Review Q4 2025

Quarterly bulletin collating a range of previously published statistics on the latest trends in the Scottish housing market.


4. Private Rental Sector

4.1. Private Housing Rental Prices

Rental market data from several letting agents indicates a downward trend in annual growth for new-let rents in Scotland. Citylets data shows the average new-let rent increased annually by 1.9% in Q3 2025, which is the fifth consecutive quarter of decelerating growth and is significantly below the recent peak of 13.7% in Q3 2023. Rightmove data presents a similar trend, with the annual growth rate falling from 14.5% in Q3 2023 to 1.6% in Q3 2025. Based on Citylets data, after adjusting for inflation, new-let rents fell by 1.8%. This is the first time in three years that real rent growth has turned negative.

It should be noted that letting agencies only cover around half of the private rented sector, and each letting agent's data will be affected by its market coverage, which will vary by geography and market segment.

Chart 4.1 Annual change in Citylets Rental Index, Scotland, and Consumer Price Index, UK (Quarterly data, to Q3 2025)
Chart 4.1 plots the annual quarterly change in the Citylets Rental Price index and the Consumer Price Index.

Source: CityLets and ONS

Contact

Email: Jake.Forsyth@gov.scot

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