Private sector rent statistics: 2010 - 2020

Broad Rental Market Area Profile – West Dunbartonshire

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 (0.3%), 3 bedroom (5.5%), and 1 bedroom shared properties (4.2%), but have fallen for 2 bedroom (-1.3%) and 4 bedroom (-23.8%) properties, which compares to CPI inflation of 0.5% across this time period. Average rents have increased for all property sizes between 2010 and 2020, ranging from 1.9% for 1 bedroom properties up to 20.0% for 1 bedroom shared properties. This compares to CPI inflation of 21.5% across this time period. When interpeting these figures, it is important to note the very small sample sizes for 4 bedroom properties, especially in recent years.

For 4 bedroom properties, since 2017 increases in the top end (upper quartile) greater than for those in the bottom end (lower quartile) have widened the gap between the top and bottom of the market, although this has narrowed slightly in the most recent year.

Average 2 bedroom rents have been lower than the Scotland average in each year since 2010, and the gap has widened over the years, with the average rent in 2020 being £502 per month, compared to the Scotland average of £689.1