Along with house prices, the cost to rent is yet another thing soaring amid the cost of living crisis. According to Rightmove, rent prices have jumped by almost 11 per cent over the last year, in what is now described as the most 'competitive rental market ever'.
Anyone looking to rent a home or apartment in Manchester can expect to pay an average price of around £1,067 a month for a standard home or apartment - a cost that has climbed by 19pc from this time last year, when the average rental costs were £894.
If that seems overpriced to you, wait until you see the cost of the most expensive properties at the top of the region's rental market. In Greater Manchester there are fair few luxury homes that are available to let within the region of £10,000, up to a staggering £22,000 per calendar month.
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It's no surprise then that these rental homes are either apartments in some of the city centre 's renowned residential skyscrapers, or are extravagant properties located in the region's most affluent areas such as Bowdon and Hale.
Here we take a look inside Greater Manchester's priciest rental homes to see just how the other half of tenants live.
Beetham Tower, Deansgate
£22,000 pcm
The most expensive property to rent across the entire region is in Deansgate's Beetham Tower, and it was once owned by former Manchester United player Phil Neville.
Now up for rent, the four-bed apartment which spans the 44th, 45th and 46th floor will cost you a whopping £22,000 per month - which equates to around £5,077 per week.
The fully furnished triplex flat named The Orchid Suite boasts four double bedrooms, an open-plan kitchen dining area, a home office, walk-in wardrobes and of course panoramic views of Manchester's skyline.
You'll also get access to a private terrace space on each of the three floors, as well as five secure parking spaces.
Barrow Lane, Hale
£12,500 pcm
Costing around £2,885 per week and the second most expensive pad to rent in the region is this detached residence in Hale.
Set in a gated, private location, the stunning five-bed property has been completed with ultra-modern interior design and striking décor throughout.
Inside are three large reception areas, five double bedrooms, three en-suites and a family bathroom and a Juliet balcony. Covered terraces and landscaped gardens surround the property providing lovely outdoor entertaining areas.
Carrwood, Hale Barns
£12,000 pcm
With a whopping seven bedrooms, this house in Hale Barns is available to rent for £12,000 a month, which equals around £2,769 per week.
Set on the most 'sough-after' road in the area, the modern family home has a wealth of living space and is surrounded by immaculate grounds.
The luxury home, which comes complete with the furniture and appliances pictured, boasts a huge open-plan kitchen, dining and living area, a separate living room, six bathrooms and seven bedrooms, with the master suite benefitting from a walk-in wardrobe and sauna.
South Downs Road, Bowdon
£11,500 pcm
On the rental market for £11,500 per month is this home in Bowdon - Greater Manchester's most expensive area to live.
Set behind electric gates at the end of a lengthy driveway, this six-bed property is lavish and immaculate and comes with a separate triple garage with a games room and a separate annex.
Inside the main detached home, which comes part-furnished, is a formal lounge, snug TV room, home office, a kitchen and a dining living area with views of the gardens and doors that open out onto the patio area.
On the first floor are four double bedroom suites which each come with their own en-suites. On the top floor is the fifth bedroom with fitted wardrobes an en suite and masses of storage space.
Leftbank, Spinningfields
£10,000 pcm
The final property in the top five of the region's most expensive rental homes is this three-bed apartment in Spinningfields.
Available to let for £10,000 a month, around £2,308 per week, the furnished penthouse home which is perched on top of Leftbank offers beautiful views of the city centre.
Inside the apartment has a bespoke fitted kitchen, a large open-plan lounge and dining area with large terrace space and balconies from each of the three bedrooms.
Two of the bedrooms come with their own en-suites and the guest bathroom has a freestanding bath. Tenants also get secure parking and a 24hr concierge.
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