Private renters in Glasgow are paying almost 50 per cent more than they were in 2010, according to new research from the Scottish Government.
The study looked into average two bedroom rents in each of the 18 rental market areas in Scotland, with Greater Glasgow seeing the highest jump between 2010 and today. The research also revealed between September 2021 and 2022, Greater Glasgow saw a 7.7 per cent increase in rental prices.
Across Scotland, the average increase in the past year sat at 7.6 per cent. When it came to average monthly rent, the Lothian area currently has the highest average rent for two bedroom properties sitting at £1,006.
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Glasgow’s average two bedroom rent sits at £858, making it the second highest rental area in Scotland.
The statistics cover the 12 month period to end September 2022, so pre-date the emergency cost of living rent freeze legislation announced on September 6. Additionally, the figures are based on advertised rents and don’t represent rent changes for existing tenants.
The study used two bedroom properties as they are the most common type in the private rented sector, with around half of all private rented homes estimated to be this size. Research revealed that Greater Glasgow rents have been higher than the Scottish average since 2014, with the gap gradually increasing over the past eight years.
With other property sizes, increases have been seen across the board in Glasgow with one bedroom flats increasing by 7.2 per cent and three bedroom properties seeing a hike of 7.6 per cent.
The only area in Scotland that saw a decrease in rental prices was the Ayrshires, while the Highlands and Islands and Aberdeenshire saw an increase of less than 5 per cent.
You can find the full statistics here.
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