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The average rent in Greater Manchester is £723 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in Greater Manchester grew by £33. Compare average rent by area.
Greater Manchester's average rent of £723 is £175 lower than the £898 average rent in England. Greater Manchester is the 3rd most expensive metropolitan county (of 8 total) based on average rent price.
The average rent growth rate in Greater Manchester between the years ending September 2020 and September 2021 was 4.8%. If rents continue to grow at this rate, average rents will reach £872 by 2025.
The average cost of rent in Greater Manchester varies depending on property type, prices start at £434 for a single room and rise to £1,269 for a house with four or more bedrooms.
Rental data for Greater Manchester is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.
Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in Greater Manchester is £525, increasing to £795 for the upper quartile rent.
Based on the 24,750 properties surveyed, the most common type of rental property within Greater Manchester is 2 beds, which account for 51.8% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.
The least commonly available type of rental property is Studios, which account for 1.5% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
Greater Manchester House Prices
Greater Manchester Economy
Greater Manchester Salary
The cheapest rents in Greater Manchester are found in Wigan, where the average cost of rent is £549. In the past year, rents have changed by 6.0% in Wigan (compared to 4.8% in Greater Manchester)
Rank | Area | Average Rent | YoY change in average Rent |
---|---|---|---|
1 | Wigan Metropolitan District | £549 | 6.0% |
2 | Bolton Metropolitan District | £597 | 2.8% |
3 | Rochdale Metropolitan District | £606 | 14.6% |
4 | Oldham Metropolitan District | £614 | 6.0% |
5 | Tameside Metropolitan District | £619 | 8.0% |
The most expensive rents in Greater Manchester are found in Trafford, where the average cost of rent is £942. In the past year, rents have changed by 6.0% in Trafford (compared to 4.8% in Greater Manchester)
Rank | Area | Average Rent | YoY CHANGE in AVERAGE Rent |
---|---|---|---|
1 | Trafford Metropolitan District | £942 | 6.0% |
2 | Manchester Metropolitan District | £871 | 3.0% |
3 | Salford Metropolitan District | £778 | 0.1% |
4 | Stockport Metropolitan District | £777 | 1.4% |
5 | Bury Metropolitan District | £663 | 5.6% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics