Rental Market Report June 2026
Our quarterly Rental Market Report is based on our analysis of tens of thousands of rental data points across the UK.
Executive summary:
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Rental inflation at 2.1% masks a two-speed market
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Rents are rising at 5%+ in affordable areas, with rents below £750 pcm. Those with rents over £1,250 pcm are rising at or below the UK average
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Earnings are growing at twice the rate of rental inflation, improving affordability for the third year
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London is the only region with rising rental demand (+6%), driven by higher mortgage rates keeping renters in the market
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Supply remains 20-30% below pre-pandemic levels in every region supporting rental inflation
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We expect 2-3% rental inflation through 2026
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Growing rental supply is the best way to improve affordability
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