Private Sector Rent Statistics, Scotland, 2010 to 2024
This publication presents statistics on average private sector rent levels in Scotland by Broad Rental Market Area and size of property, for the years 2010 to 2024.
As with previous publications, Scotland figures were calculated using a weighted stock approach based on separate Scottish Household Survey data on the profile of stock by area and property size over time. The Covid-19 pandemic affected the collection Scottish Household Survey data in 2020 and 2021. As such the weights used in this publication for the latest year of 2024 are based on data collected in 2018, 2019 and 2022. For earlier years, 3 year rolling data periods have been used to derive weights.
The use of a weighted stock approach aims to help ensure that the national average figures presented reflect the underlying composition of private rental properties over time, and to minimise any effects of changes to sample numbers achieved for particular property sizes or areas in any given years. Further information on this available in the Data and Methodology Section.
Table 6: Summary of average (mean) private rents (£ monthly): Scotland, 2010, 2023 and 2024 (years to end Sept)
|
Property Size Category |
2010 |
2023 |
2024 |
2010 to 2024 change |
2023 to 2024 change |
|
1 Bedroom Property |
£442 |
£648 |
£710 |
60.7% |
9.6% |
|
2 Bedroom Property |
£554 |
£841 |
£893 |
61.3% |
6.2% |
|
3 Bedroom Property |
£674 |
£1,026 |
£1,136 |
68.7% |
10.7% |
|
4 Bedroom Property |
£939 |
£1,656 |
£1,793 |
91.0% |
8.3% |
|
1 Bedroom in Shared Property |
£305 |
£490 |
£530 |
73.7% |
8.3% |
Chart 16: Scotland average (mean) monthly rents (£): 2010 to 2024 (years to end-Sept)
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