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The average rent in Merseyside is £648 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2021 and September 2022. Between the years ending September 2021 and September 2022, average rents in Merseyside grew by £30. Compare average rent by area.
Merseyside's average rent of £648 is £298 lower than the £946 average rent in England. Merseyside is the 7th most expensive metropolitan county (of 8 total) based on average rent price.
The average rent growth rate in Merseyside between the years ending September 2021 and September 2022 was 4.9%. If rents continue to grow at this rate, average rents will reach £783 by 2025.
The average cost of rent in Merseyside varies depending on property type, prices start at £409 for a single room and rise to £1,178 for a house with four or more bedrooms.
Rental data for Merseyside 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 Merseyside is £500, increasing to £695 for the upper quartile rent.
Based on the 10,780 properties surveyed, the most common type of rental property within Merseyside is 2 beds, which account for 41.1% of properties. In England, the most common type of property is 2 bed flats, which account for 38.6% of the rental market stock.
The least commonly available type of rental property is Studios, which account for 1.6% of properties. In England, the least common type of property is Studio flats, which account for 2.2% of the rental market stock.
Merseyside House Prices
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Merseyside Salary
The cheapest rents in Merseyside are found in St. Helens, where the average cost of rent is £601. In the past year, rents have changed by 1.5% in St. Helens (compared to 4.9% in Merseyside)
Rank | Area | Average Rent | YoY change in average Rent |
---|---|---|---|
1 | St. Helens Metropolitan District | £601 | 1.5% |
2 | Wirral Metropolitan District | £642 | 4.7% |
3 | Knowsley Metropolitan District | £645 | 0.3% |
4 | Liverpool Metropolitan District | £657 | 5.3% |
5 | Sefton Metropolitan District | £676 | 9.2% |
The most expensive rents in Merseyside are found in Sefton, where the average cost of rent is £676. In the past year, rents have changed by 9.2% in Sefton (compared to 4.9% in Merseyside)
Rank | Area | Average Rent | YoY CHANGE in AVERAGE Rent |
---|---|---|---|
1 | Sefton Metropolitan District | £676 | 9.2% |
2 | Liverpool Metropolitan District | £657 | 5.3% |
3 | Knowsley Metropolitan District | £645 | 0.3% |
4 | Wirral Metropolitan District | £642 | 4.7% |
5 | St. Helens Metropolitan District | £601 | 1.5% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics