UK Rental Prices Surge, Kensington and Chelsea Priciest

Recent research reveals that Kensington and Chelsea is the priciest borough in London, with average monthly rents at £3,355. Nationwide, the cost of renting has surged by 8.4% over the past year, with London seeing a 9.6% increase and Brent experiencing the highest increase of 33.6%. St Albans remains the most expensive city to rent outside London, with average rents at £2,307 per month, marking a 71% premium over the national average. Other costly cities include Oxford and Cambridge, while Carlisle is the most affordable with rents at £791 per month. This data underscores the growing rental divide across Great Britain, driven largely by regional economic factors and housing availability.