Revealed: the UK cities where renters spend less than a third of their income on housing

17 July 2019

Renters in Derby, Aberdeen and Coventry have the smallest relative monthly housing costs in Britain

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The average income of two-income households in Derby is £4,250 per month. Meanwhile the average rent in the city is just £494.44, a mere 11.63% of the household’s income, according to data compiled by price comparison service comparethemarket.com.

At the bottom of the pile, unsurprisingly, is London where the average two-income household earns £4,096 but would face paying an eye-watering £1,735 in rent – or 42.35% of their income.

Other affordable cities include Aberdeen where households spend just 14% of their income on rent and Coventry where it’s just 15%.

At the other end alongside London are Brighton where renters pay 29% of income, and Milton Keynes where its 24%.

The research also highlights how much tougher the situation is for singles.

In London a single person would have to spend 85% of their income on average to rent a home on their own.

Indeed, the only cities where this figure is below 30% for singles is Derby (23%) and Aberdeen (28%).

The table below shows relative percentages of income spent in cities around the UK, organised by lowest percentage to highest. 

City Monthly take-home salary (£) Monthly household income (2 salaries) (£) Average rent - city centre (£) Percent of monthly household Income (%) Percent of single take-home salary (%)
Derby 2,125.00 4250 494.44 11.63 23.27
Aberdeen 2,126.67 4253 584.75 13.75 27.50
Coventry 2,082.79 4165.58 631.25 15.15 30.31
Plymouth 1,699.93 3399.86 522.73 15.38 30.75
Bradford 1,383.60 2767.2 438.12 15.83 31.67
Newcastle-upon-Tyne 1,782.38 3564.76 606.82 17.02 34.05
Kingston-upon-Hull 1,348.33 2697 459.91 17.05 34.11
Leicester 1,662.50 3325 573.2 17.24 34.48
Southampton 2,069.70 4139.4 721.74 17.44 34.87
Glasgow 1,756.89 3514 625.39 17.80 35.60
Reading 2,364.68 4729.36 844.12 17.85 35.70
Leeds 1,862.23 3724.46 667.86 17.93 35.86
Liverpool 1,797.49 3595 658.52 18.32 36.64
Sheffield 1,609.09 3218.18 594.32 18.47 36.94
Edinburgh 1,962.35 3924.7 754.7 19.23 38.46
Cardiff 1,778.00 3556 691.18 19.44 38.87
Nottingham 1,445.83 2891.66 576.47 19.94 39.87
Bristol 2,109.52 4219.04 843.75 20.00 40.00
Belfast 1,508.04 3016.08 637.29 21.13 42.26
Manchester 1,747.92 3495.84 749.17 21.43 42.86
Birmingham 1,665.90 3331.8 753.64 22.62 45.24
Portsmouth 1,575.93 3151.86 752.78 23.88 47.77
Milton Keynes 1,710.71 3421.42 827.08 24.17 48.35
Brighton 1,660.05 3320.1 963.41 29.02 58.03
London 2,048.15 4096.3 1,734.72 42.35 84.70

Source: comparethemarket.com, July 2019

 

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Centre is spelt “centre” not center, the pound sign should have given you a clue which country you are in.

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