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Rental prices in slowdown

Lancashire Evening Post

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July 01, 2025

Growth ‘cools to four-year low but low income tenants squeezed’

Rental prices in slowdown

Rental prices have slowed to their lowest annual increase since the market was dealing with the impacts of the coronavirus pandemic, according to figures from a property website.

Average UK rental prices for new lets in April were 2.8% higher than a year earlier, marking the lowest rate of rental inflation since July 2021, Zoopla said.

The average monthly rent now stands at £1,287 per month, marking a £35 annual increase.

Rental price inflation is now running at less than half the levels seen a year earlier, with a typical 6.4% annual increase in rental prices recorded in 2024.

Despite the slowdown, average UK rental prices have still jumped by more than a fifth (21%) over the past three years, Zoopla said.

The website noted a particularly big slowdown in rental prices in Yorkshire and the Humber compared with a year earlier, with annual rental inflation now put at 1.1%, down from 6.4% in 2024.

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