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 4 Bedroom Properties
From 2018 to 2019, 16 out of 18 areas have seen increases in average rents for 4 bedroom properties. The increases ranged from 0.6% in Lothian to 14.1% in Renfrewshire/Inverclyde, 15.6% in East Dunbartonshire and 16.2% in the West Dunbartonshire. Two areas saw decrease. These were a drop of 3.9% in the North Lanarkshire and a drop of 6.2% in Ayrshires. See Chart 8 and Table 4 below.
The regional trends combine to show a 3.7% increase for 4 bedroom properties from £1,278 in 2018 to £1,325 in 2019 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 2010 to 2019 period, West Dunbartonshire has seen the highest increase in private rents for 4 bedroom properties, with average monthly rents rising by 54.2% (cumulative increase over 9 years). Average rents in Greater Glasgow and Lothian have risen by 51.5% and 47.6%, respectively, over the same time period.
For the other areas of Scotland, cumulative increases have ranged from 4.6% in Argyll and Bute to 45.2% in Renfrewshire/Inverclyde. No areas of Scotland have seen decreases in average rent for 4 bedroom properties between 2010 and 2019.
These regional trends combine to show a 38.2% cumulative increase from £959 in 2010 to £1,325 in 2019 for 4 bedroom properties at the Scotland level.
Figures on changes to rents for 4 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. For example over the 9 year period, average rents for 4 bedroom properties in 14 out of the 18 areas have risen faster than the consumer price index, whilst changes in average rents for 4 bedroom properties in the other 4 areas of the country have been below the rise in the consumer price index. These can be seen in Chart 8.
Chart 8 Cumulative % Change in Average (mean) Rents from 2010 to 2019 (years to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties
Table 4 - 4 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 | |
|---|---|---|---|---|---|
| West Dunbartonshire | 821 | 1,089 | 1,266 | 54.2% | 16.2% |
| Greater Glasgow | 1,067 | 1,527 | 1,617 | 51.5% | 5.8% |
| Lothian | 1,291 | 1,894 | 1,905 | 47.6% | 0.6% |
| Renfrewshire / Inverclyde | 834 | 1,061 | 1,210 | 45.2% | 14.1% |
| Dundee and Angus | 811 | 1,085 | 1,177 | 45.1% | 8.5% |
| Scottish Borders | 690 | 942 | 992 | 43.8% | 5.3% |
| Fife | 773 | 979 | 1,092 | 41.2% | 11.6% |
| Forth Valley | 857 | 1,148 | 1,207 | 40.8% | 5.1% |
| Aberdeen and Shire | 944 | 1,249 | 1,306 | 38.4% | 4.5% |
| Scotland | 959 | 1,278 | 1,325 | 38.2% | 3.7% |
| East Dunbartonshire | 1,135 | 1,344 | 1,553 | 36.8% | 15.6% |
| West Lothian | 834 | 1,007 | 1,055 | 26.5% | 4.8% |
| South Lanarkshire | 924 | 1,138 | 1,167 | 26.3% | 2.6% |
| Perth and Kinross | 858 | 993 | 1,056 | 23.2% | 6.4% |
| Highland and Islands | 751 | 882 | 915 | 21.9% | 3.7% |
| Dumfries and Galloway | 620 | 688 | 737 | 18.8% | 7.0% |
| North Lanarkshire | 776 | 926 | 890 | 14.7% | -3.9% |
| Ayrshires | 758 | 903 | 848 | 11.8% | -6.2% |
| Argyll and Bute | 924 | 945 | 967 | 4.6% | 2.2% |
See Reference Tables (Tables 7 to 14) 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 4 bedroom properties across Scotland (£1,905). Other areas with higher rents included Greater Glasgow (£1,617) and East Dunbartonshire (£1,553). Areas with the lowest average rents included Dumfries and Galloway (£737), Ayrshires (£848), and North Lanarkshire (£890). See Chart 9 below.
Chart 9 Average (mean) Monthly Rents 2019 (year to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties
Contact
Email: felix.palin@gov.scot
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