AVERAGE RENTS

West Midlands

The average rental value for new tenancies in West Midlands is £1,019 a month. Rents in West Midlands have increased by +8.4% compared to last year.

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£1,019 -0.1%

Average West Midlands 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.

+8.4%

Change annual

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-0.1%

Change monthly

Average rents West Midlands index for the last 12 months

The graph below shows the average rental value in the West Midlands 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 West Midlands against any other region in the UK.

Click on region names to switch them on and off

Average rental value for new tenancies in the West Midlands

The graph below shows the average rental value in the West Midlands 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 West Midlands against any other region in the UK.

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

30.20%

32.30%

Predominant
Rental Band

£0–£0

£1,000–£1,200