The Office for National Statistics (ONS) has been researching private rental affordability – and really, affordable doesn’t come into it.
The East Midlands and North West are the most affordable regions for lower income households.
In London, only a household with a higher income would be able to rent a property without spending more than 30% of their income on rent.
You can see that the South West is in a similar position to the South East and not too far behind London.
- In summer, 2021, the median monthly rent was £730 for England, recorded between April 2020 and March 2021; this is the highest ever recorded.
In Cornwall, median monthly private rent for a room was:
- £385 per month, for a studio
- £425 for one bedroom
- £525 for two bedrooms
- £650, for three bedrooms
- £795, four bedrooms
- £1,440 for more and
- Over all categories £695.
|Region name||Lower income||Median income||Higher income|
|East Midlands||Low rent||High rent||High rent|
|North West||Low rent||High rent||High rent|
|Yorkshire and The Humber||none||High rent||High rent|
|West Midlands||none||High rent||High rent|
|North East||none||Median rent||High rent|
|East of England||none||Median rent||High rent|
|South West||none||Median rent||High rent|
|South East||none||Median rent||High rent|