Private sector rent statistics: 2010 - 2019
This publication presents statistics on private sector rent levels in Scotland over the years 2010 to 2019.
Main Findings for 3 Bedroom Properties
Between 2018 and 2019, 14 out of 18 areas saw increases in average rents. These ranged from 0.4% in Aberdeen and Shire to 6.6% in Dundee and Angus and 8.3% in Fife. 4 areas saw decreases in average rents, with Argyll and Bute seeing the largest decrease of 7.4%. See Chart 6 and Table 3 below.
These regional trends combine to show an increase of 0.2% in average rents from £855 in 2018 to £857 in 2019 for 3 bedroom properties, at the Scotland level. This compares to an increase in the UK Consumer Price Index of 1.7% in the year to Sept-19.
Over the 9 year period from 2010 to 2019, Lothian has seen the greatest increase in private rents for 3 bedroom properties, with average monthly rents rising from £918 to £1,329, a 44.8% increase (cumulative over 9 years). Average rents have increased in Greater Glasgow by 41.4% over the same time period.
For all other areas of Scotland, average rents for 3 bedroom properties have also increased. From 2010 to 2019, cumulative increases have ranged from 2.6% in Argyll and Bute to 26.8% in Fife.
These regional trends combine to show a 26.3% cumulative increase from £679 in 2010 to £857 in 2019 for 3 bedroom properties at the Scotland level.
Figures on changes to rents for 3 bedroom properties over the period from 2010 to 2019 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 20.8% from Sept-10 to Sept-19. Over the 9 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 2019 (years to end-Sept), by Broad Rental Market Area - 3-Bedroom Properties
Table 3 - 3 Bedroom Properties - Average (mean) Monthly Rents (£): Cumulative Changes 2010 to 2019, by Broad Rental Market Area
2010 | 2018 | 2019 | 2010 to 2019 change | 2018 to 2019 change | |
---|---|---|---|---|---|
Lothian | 918 | 1,345 | 1,329 | 44.8% | -1.2% |
Greater Glasgow | 728 | 1,000 | 1,029 | 41.4% | 3.0% |
Fife | 563 | 659 | 714 | 26.8% | 8.3% |
Scotland | 679 | 855 | 857 | 26.3% | 0.2% |
East Dunbartonshire | 750 | 936 | 946 | 26.1% | 1.0% |
Dundee and Angus | 633 | 746 | 795 | 25.6% | 6.6% |
West Lothian | 616 | 736 | 769 | 24.9% | 4.6% |
Forth Valley | 643 | 783 | 801 | 24.6% | 2.3% |
Highland and Islands | 595 | 710 | 726 | 22.1% | 2.3% |
Scottish Borders | 515 | 591 | 616 | 19.6% | 4.1% |
Aberdeen and Shire | 744 | 885 | 889 | 19.5% | 0.4% |
Perth and Kinross | 647 | 723 | 759 | 17.2% | 4.9% |
South Lanarkshire | 627 | 691 | 699 | 11.6% | 1.3% |
Dumfries and Galloway | 500 | 546 | 551 | 10.2% | 0.8% |
Renfrewshire / Inverclyde | 612 | 656 | 666 | 8.9% | 1.5% |
West Dunbartonshire | 591 | 634 | 639 | 8.1% | 0.7% |
Ayrshires | 556 | 608 | 583 | 4.9% | -4.0% |
North Lanarkshire | 549 | 593 | 569 | 3.7% | -4.0% |
Argyll and Bute | 638 | 706 | 654 | 2.6% | -7.4% |
See Reference Tables (Tables 7 to 15) for a more detailed breakdown of quartile and average rents for each year.
For the year to end-September 2019, Lothian had the highest average monthly rents for 3 bedroom properties across Scotland (£1,329). Other areas with higher rents than the Scottish average for 3 bedroom properties (£857) were Greater Glasgow (£1,029), East Dunbartonshire (£946) and Aberdeen and Shire (£889). Areas with the lowest average rents included Scottish Borders (£616), North Lanarkshire (£569), and Dumfries and Galloway (£551), and See Chart 7 below.
Chart 7 Average (mean) Monthly Rents 2019 (year to end-Sept), by Broad Rental Market Area - 3-Bedroom Properties
Contact
Email: felix.palin@gov.scot
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