Rents rose for the fourth month in a row during April, by 4.2% to £1,216, the Goodlord Rental Index has revealed.
Rents have now risen by £600 annually, or £50 per month.
At a regional level, the North West, South East and West Midlands all recorded year-on-year rent rises of over 5%. At the other end of the scale, the East Midlands recorded an annual rise
of less than 1%.
These prices are based on contracted tenancy prices, rather than what’s advertised.
William Reeve, chief executive of Goodlord, said: “It’s been another month of steadily increasing rents, at a time of the year when we often see more ups and downs in terms of rental averages.
“This continues to underscore the prediction that this summer will bring a rental spike across the country, although rising salaries will be offsetting this impact for tenants to some degree.
“And whilst the regional picture is nuanced when it comes to voids, the national averages highlight steady demand from tenants for new properties as we hurtle towards the busiest months on the lettings calendar.”
The average salary of a renter signing a new tenancy agreement in April 2025 was £38,629 – 4.94% higher than April 2024’s average of £36,810.