York is the least affordable city to rent a home in Yorkshire, new figures show.
It comes after a 10.2% rise in rents in the last 12 months.
That means York now has an average monthly rent of £945 – putting it clearly ahead of Leeds with the next biggest Yorkshire rent of £792.
City | Rent | Rental Growth (YOY %) | % Salary spent on rent * |
---|---|---|---|
York | £945 | 10.20% | 35% |
Leeds | £792 | 11.90% | 29% |
Sheffield | £687 | 9.20% | 26% |
Huddersfield | £602 | 9.90% | 25% |
Bradford | £564 | 10.80% | 23% |
Hull | £523 | 8.20% | 23% |
Middlesbrough | £519 | 6.20% | 21% |
* based on median gross income, single earner | |||
The figures come from the latest quarterly market report from property website Zoopla.
It says least affordable place to rent in Yorkshire is York – it takes an average of 35% of a person’s salary. As an average figure, it means for many people it is a lot more than that.
This comes as concern grows over the lack of housing in the city. Earlier this year, York Central MP Rachael Maskell said the housing market was “breaking our city“.
She said unaffordable house prices and rents mean “local families are now being driven away by the net loss of council housing and a housing waiting list that has tripled in my short time in Parliament”.
Gráinne Gilmore, head of research at Zoopla said: “UK rental growth is being driven by high rental demand and limited supply, trends that are more pronounced in city centres.
“The surge of post-pandemic pent-up rental demand will normalise through Q2 and Q3 however, which means rental growth levels will start to ease.”
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