The average rent in West Midlands County is £718 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 West Midlands County grew by £25. Compare average rent by area.
West Midlands County's average rent of £718 is £180 lower than the £898 average rent in England. West Midlands County is the 4th most expensive metropolitan county (of 8 total) based on average rent price.
The average rent growth rate in West Midlands County between the years ending September 2020 and September 2021 was 3.6%. If rents continue to grow at this rate, average rents will reach £827 by 2025.
The average cost of rent in West Midlands County varies depending on property type, prices start at £412 for a single room and rise to £1,237 for a house with four or more bedrooms.
Rental data for West Midlands County 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 West Midlands County is £600, increasing to £795 for the upper quartile rent.
Based on the 18,210 properties surveyed, the most common type of rental property within West Midlands County is 2 beds, which account for 39.0% 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 3.3% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
The cheapest rents in West Midlands County are found in Walsall, where the average cost of rent is £618. In the past year, rents have changed by 4.4% in Walsall (compared to 3.6% in West Midlands County)
The most expensive rents in West Midlands County are found in Solihull, where the average cost of rent is £924. In the past year, rents have changed by 1.8% in Solihull (compared to 3.6% in West Midlands County)
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