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Record High Rents Strain Britons’ Budgets Amid Wage Stagnation

10/27/2025

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Summary

Story summary

Average private rents in Great Britain reached record highs, with some areas up more than 25% in the past year.
The typical rent outside London is £1,385 per month, while London rents average £2,736.
Despite a 5% rise in average earnings, rent consumes 44% of the average wage, up from 40% five years ago.
Fulwood in Lancashire recorded the highest increase at 32%, signaling a continued upward trend.

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Story summary

Average private rents in Great Britain reached record highs, with some areas up more than 25% in the past year.
The typical rent outside London is £1,385 per month, while London rents average £2,736.
Despite a 5% rise in average earnings, rent consumes 44% of the average wage, up from 40% five years ago.
Fulwood in Lancashire recorded the highest increase at 32%, signaling a continued upward trend.