It doesn't take a property expert to realise that rental prices for homes across the city and county are on the rise. However, just how much they are rising and how much it now costs to rent a home in Nottingham and the surrounding county is another question.
Zoopla's latest analysis confirms what many are thinking, costs are on the up, but they go further and state that rental unaffordability for single earners has hit its highest level for over a decade. The property website is now calling for new investment in the rental sector.
This gloomy picture was highlighted in the firm's Rental Market Report, published at the end of last year. And the picture for the start of 2023 doesn't look much cheerier, as the analysis suggests rents show no sign of slowing.
