AVERAGE RENTS

South West

The average rental value for new tenancies in South West is £1,146 a month. Rents in South West have decreased by -1.6% compared to last year.

This icon shows a pound sign alongside an abstract icon of a building in grey.

£1,146 +0.8%

Average South West rent

This icon shows a pound sign alongside an abstract icon of a building in grey with plus and minus symbols alongside it as well as a 12.

-1.6%

Change annual

This icon shows a pound sign alongside an abstract icon of a building in grey.

+0.8%

Change monthly

Average rents South West index for the last 12 months

The graph below shows the average rental value in the South West against the UK average. Below the graph, you can select the time period you want to be displayed and compare the historical average rental value in the South West against any other region in the UK.

Date
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
-3%
2%
7%
Average
Average Excl London
East Midlands
East of England
London
North East
North West
Northern Ireland
Scotland
South East
South West
Wales
West Midlands
Yorkshire and Humberside

Click on region names to switch them on and off

Average rental value for new tenancies in the South West

The graph below shows the average rental value in the South West against the UK average. Below the graph, you can select the time period you want to be displayed and compare the historical average rental value in South West against any other region in the UK.

Date
Mar 2024
May 2024
Jul 2024
Sep 2024
Nov 2024
Jan 2025
Mar 2025
1100
1150
1200
1250
1300
1350
1400
1146
1137
1142
1168
1197
1213
1215
1186
1155
1159
1176
1275
1271
1284
1307
1327
1331
1325
1308
1299
1297
1294
Average Rents South West
UK Average

Regional Average

Delving deeper into the data we are able to provide tenant demographic and market profiling at a local level.

Key:

Shows regional average

Shows UK average

Average Tenant
Gross Income*

£0

£35,000

Predominant
Age Group

0–0

25–30

Average % Tenant
Income spent on Rent

33.80%

32.30%

Predominant
Rental Band

£0–£0

£1,000–£1,200