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Rental affordability index

The real picture of rental affordability in the UK

Letonomy's quarterly rental affordability index tracks how affordable renting is across every UK region – giving agents, landlords, and policymakers the data they need.

34%
Avg UK income spent on rent
7.2%
Annual rent increase (avg)
42%
London income spent on rent
Q1'26
Latest report
Regional breakdown

Affordability across the UK

Percentage of average household income spent on average rent, by region.

London
42%
South East
37%
South West
35%
East of England
34%
West Midlands
31%
North West
28%
Yorkshire & Humber
26%
North East
23%

Source: Letonomy Rental Affordability Index, Q1 2026. Based on ONS median income data and Letonomy referencing data.

Methodology

How we calculate affordability

Our index uses real referencing data from the Letonomy platform, combined with ONS median income figures, to calculate the percentage of household income spent on rent in each region.

Real rental data

Actual rent amounts from thousands of Letonomy references – not listing prices or estimates.

ONS income data

Official median household income figures from the Office for National Statistics.

Quarterly updates

Refreshed every quarter with the latest data. Downloadable PDF reports available.

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