Private sector rent statistics: 2010 - 2020

Broad Rental Market Area Profile – Dundee and Angus

Note in the following text and charts that average rents that have changed within +/- 0.5% could be considered as being fairly similar to previous periods.

Average (mean) rents between 2019 and 2020 have increased for 1 bedroom (0.9%) and 4 bedroom (2.7%) properties, with decreases for 2 bedroom (-0.2%), 3 bedroom (-1.5%) and 1 bedroom shared (-3.7%) properties, which compares to CPI inflation of 0.5% across this time period. Average rents for all property sizes have also increased between 2010 and 2020, with increases ranging from 15.5% for 1 bedroom properties to 49.0% for 4 bedroom properties, which compares to CPI inflation of 21.5% across this time period.

For 3 bedroom properties increases between 2010 and 2020 have been greater at the top end (upper quartile) than the bottom end (lower quartile), causing the gap between top and bottom ends of the market to widen.

Average 2 bedroom rents have been lower than the Scotland average in each year since 2010, with the average rent in 2020 being £581 per month, compared to the Scotland average of £689.1