Is your area one of Rightmove’s cheapest or dearest rental locations?

New data from Rightmove reveals that Hull is the most affordable city in Britain in which to rent.

The average advertised rent in the city of Hull is £799 pcm, the lowest of Britain’s 50 largest cities. The typical rent in Hull is 48% below the average across Britain, which now stands at £1,526 pcm.

A typical monthly rental payment in Hull takes up 26% of the average single monthly earning, compared with 50% nationally. This is halved if two people were splitting the cost of the rent equally together.

Second is Carlisle, where the average advertised monthly rent is £816. Wrexham is third at £817 pcm.

The findings come as many students have sent off their university applications this week, with affordable rents being one factor that many will be considering.

Read the full article at Letting Agent Today