Wolverhampton noticed the most important improve in the price of renting a room in the second quarter, with prices up by 6.1% 12 months on 12 months to £549 monthly.
The newest index from flat-sharing web site SpareRoom reveals that rents throughout the UK as an entire remained nearly flat, rising by 0.9% 12 months on 12 months to £748 monthly.
In London there was a year-on-year drop of 0.4% in the price of renting a room, to a median of £980 monthly.
While that is down from the height of £1,014 monthly in This autumn 2023, rents in the capital are nonetheless 26% costlier than 5 years in the past
Of the UK’s 50 largest cities and cities, Southend-on-Sea had the second highest improve in room rents behind Wolverhampton, with costs up by 5.8% 12 months on 12 months to £695 monthly, adopted by York, the place rents rose by 5.5% to £751 monthly.
The greatest fallers have been Bradford, with rents down by 3.9% to £460 monthly, Manchester the place rents dropped 3.7% to £689 monthly and Stoke-on-Trent, the place they fell 3.3% to £502 monthly.
The share of UK renters spending greater than half their take-home pay on hire has elevated from 24% in 2021 to 26% in 2025.
And three-quarters of tenants now spend greater than 30% of their revenue on hire.
Spareroom director Matt Hutchinson says: “Rents are stabilising, however squeezed renters aren’t feeling something near aid.
“For folks to have the ability to hire in their first selection areas, and preserve flexibility in the workforce, we have to see rents fall considerably.
“But, so long as excessive demand and restricted provide are the established order, we received’t see rents drop to ranges that individuals would discover genuinely reasonably priced.”
