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 cost of a one-bed apartment in the city centre | Average cost of a one-bed outside of the city centre | Average cost of a three-bed apartment in the city centre | Average cost of a three-bed apartment outside of the city centre | Total average cost |
| Stoke-on-Trent | £459.38 | £376.67 | £593.33 | £527.50 | £489.22 |
| Bradford | £443.12 | £384.38 | £692.14 | £632.14 | £537.95 |
| Sunderland | £533.33 | £400.00 | £816.67 | £525.00 | £568.75 |
| Blackpool | £481.25 | £470.00 | £691.67 | £642.86 | £571.45 |
| Doncaster | £531.25 | £418.57 | £766.25 | £585.79 | £575.47 |
| Wigan | £533.33 | £408.33 | £823.33 | £550.00 | £578.75 |
| Derby | £500.00 | £450.62 | £775.00 | £701.25 | £627.08 |
| Dundee | £462.50 | £422.50 | £889.29 | £771.43 | £636.43 |
| Swansea | £583.75 | £460.00 | £835.71 | £750.00 | £657.37 |
| Aberdeen | £501.25 | £420.45 | £948.00 | £777.78 | £661.87 |
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 cost of a one-bed apartment in the city centre | Average cost of a one-bed outside of the city centre | Average cost of a three-bed apartment in the city centre | Average cost of a three-bed apartment outside of the city centre | Total average cost |
| London | £1,685.32 | £1,275.71 | £3,261.76 | £2,179.95 | £2,100.69 |
| Brighton | £1,020.45 | £890.53 | £2,150.88 | £1,551.02 | £1,403.22 |
| Oxford | £1,090.45 | £943.75 | £1,950.00 | £1,512.50 | £1,374.18 |
| Cambridge | £1,131.67 | £881.67 | £1,955.00 | £1,337.22 | £1,326.39 |
| Reading | £924.23 | £837.50 | £1,657.14 | £1,327.78 | £1,186.66 |
| Poole | £743.75 | £733.33 | £1,750.00 | £1,500.00 | £1,181.77 |
| Bristol | £926.00 | £749.20 | £1,605.95 | £1,261.36 | £1,135.63 |
| Edinburgh | £832.59 | £664.23 | £1,541.80 | £1,174.00 | £1,053.16 |
| Milton Keynes | £891.44 | £728.33 | £1,382.39 | £1,162.50 | £1,041.17 |
| Manchester | £863.16 | £581.80 | £1,475.00 | £959.09 | £969.76 |
