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Dundee named
one of the
cheapest most
places to rent in
the UK, whilst
Edinburgh is one
of the most
expensive
18th May 2022

in Property News, Scotland

Dundee city centre

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DUNDEE offers Scottish tenants one


of the most affordable rent costs for
an apartment, new data has revealed,
while Edinburgh takes the top spot in
Scotland for being the most expensive
area.

New research by Karpiak Caravan


analysed the most populated areas in
the UK and used data from Numbeo to
find where tenants can rent an
apartment at the lowest cost. The
analysis was based on prices for one
bed apartments and three bed
apartments both in the city centre and
outside of the city.

The study revealed that Dundee is the


most affordable area in Scotland
for tenants, with an average cost of
£636.43 per month. Dundee offers
tenants the lowest apartment prices in
any Scottish area when it comes to
a one-bedroom apartment outside of
the city centre at £422.50 and
a three-bed apartment in the city
centre costing £889.29 as a monthly
average.

Top 10
most
affordable
areas in the
UK to rent
an
apartment

City Average Average Ave


cost of a cost of a cos
one-bed one-bed a th
apartment outside bed
in the city of the apa
centre city in t
centre cen

Stoke-on- £459.38 £376.67 £59


Trent

Bradford £443.12 £384.38 £69

Sunderland £533.33 £400.00 £81

Blackpool £481.25 £470.00 £69

Doncaster £531.25 £418.57 £76

Wigan £533.33 £408.33 £82

Derby £500.00 £450.62 £77

Dundee £462.50 £422.50 £88

Swansea £583.75 £460.00 £83

Aberdeen £501.25 £420.45 £94

In contrast, Edinburgh was


unsurprisingly revealed to be the
priciest area for tenants to rent an
apartment in Scotland, with an
average total monthly rent of
£1,053.16. Edinburgh had the highest
cost for every form of Scottish
apartment analysed in the study with a
one-bedroom in the city centre having
an average monthly rent of £832.59.

Commenting on the study, a


spokesperson from Karpiak Caravan
said: “With the current cost-of-living
crisis at an all-time high, it is now
more important than ever for UK
residents to manage their money
effectively. This study offers a useful
breakdown of the most cost-effective
locations and types of renting,
providing the best options for those
looking to rent.”

Top 10
most expensive areas
in the UK to rent an
apartment

City Average Avera


cost of a cost
one-bed one-b
apartment outsi
in the city of the
centre city
centr

London £1,685.32 £1,27

Brighton £1,020.45 £890

Oxford £1,090.45 £943

Cambridge £1,131.67 £881.

Reading £924.23 £837.

Poole £743.75 £733.

Bristol £926.00 £749.

Edinburgh £832.59 £664

Milton Keynes £891.44 £728.

Manchester £863.16 £581.

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