SpareRoom Statistics

Recent rental market stories

• UK rental market still suffering after effects of pandemic in 2025 - <July> 2025

  The pandemic had a chaotic and lasting impact on the UK rental market. After restrictions on movement were finally lifted from mid 2021 there was a rush to secure rented accommodation.

• Living costs at top universities differ by up to £11K - <July> 2025

  Students know London is the most expensive city in the UK to live in, but may be unaware of the dramatic differences between rents in other university towns and cities.

• It's time to raise the rent a room scheme threshold - <July> 2025

  People who rent out furnished rooms in their homes to lodgers can currently earn up to £7,500 per year - equivalent to £625 per month - tax free under the Rent a Room scheme.

• UK room rents stable, but rising in Wolverhampton, Southend and York - <July> 2025

  Room rents continued to show signs of stabilisation in Q2: UK rents rose 0.9% year on year to £748 per month and London rents now average £980

• London room rents 'stable, not affordable' - <July> 2025

  London room rents have fallen marginally 0.4% year on year to £980 per month, but strong, sustained demand is preventing any significant decreases.

• Priced-out flatsharers swap city life for seaside and suburbia - <June> 2025

  Searches by renters reveal swelling interest in suburbia, as well as coastal, commuter and market towns, as more are priced out of major cities and hybrid working endures.

• Rental supply still rising despite landlord concerns over Renters' Rights Bill - <June> 2025

  So far, supply in the room rental market remains largely unaffected by the Renters' Rights Bill, according to flatshare site SpareRoom, with January 2025 the highest month for flatshare ads in four years.

• As the rent burden weighs heavy, 44% wonder if they'll ever own homes - <May> 2025

  A new survey of 6,524 renters by flatshare site SpareRoom reveals expectations around homeownership and, while 56% believe they will be able to buy property at some point, 14% don't think they'll ever get on the property ladder, and 30% are unsure.

• Mind the rent gap: all rise on the Elizabeth line - <May> 2025

  Three years since services began, and two years since the full route opened, new data from flatshare site SpareRoom reveals the Elizabeth line has redefined London's commuter belt, turbocharging rental growth and transforming once-overlooked spots into high-demand areas.

• Lower demand for rooms among priced-out Londoners causes 1% drop in rents - <April> 2025

  New data from SpareRoom's Q1 2025 Rental Index shows London room rents have fallen 1% year on year and now average £982 per month. Meanwhile, suburban areas are seeing high demand from renters.

• Lower demand for rooms in London and Birmingham helps rents to fall - <April> 2025

  New data from SpareRoom's Q1 2025 Rental Index shows London room rents have fallen 1% year on year and now average £982 per month. Meanwhile, suburban areas are seeing high demand from renters.

• Half of UK flatsharers now have no access to living rooms - <April> 2025

  Almost half (49%) of 2,000+ renters living in shared homes, surveyed by flatshare site SpareRoom, say the living room in their current home is now being used as a bedroom.

• Where should Londoners be searching for rooms to rent? - <March> 2025

  Average rents in London have just fallen for a fourth consecutive quarter - dropping by 2% from £1,015 in Q4 2023 to £993 per month in Q4 2024

• Too many renters, not enough rooms in Smethwick, Solihull and Stockport - <March> 2025

  New data from flatshare site SpareRoom reveals the areas in the UK where demand for rooms to rent is highest.

• Surge in Homeowners Seeking Lodgers in UK Towns and Villages as Cost of Living Bites - <February> 2025

  Amid rising living costs and mortgage rate increases, more homeowners are finding ways to supplement their incomes by renting out spare rooms in their homes.

• Boomer to spareroomer: the rise of the older flatsharer - <February> 2025

  Those in their late 20s and early 30s still dominate the flatshare market, but older age groups are the fastest-growing demographics looking for housemates and rooms to rent in shared homes.

• UK rental market faces supply crisis as landlords plan to exit rental sector - <February> 2025

  A record number of landlords (88%) have no confidence in the current private rental sector, a figure that increases to 90% in London.

• Noisy Flatmates? Download SpareRoom's Pre-Nap agreement - <December> 2024

  According to new research from SpareRoom, the UK's number one flatsharing site, a whopping four in five renters have their sleep disrupted by flatmates at least once a week.

• Rental supply and demand returns to pre-pandemic levels - <December> 2024

  New data from SpareRoom reveals that the ratio of supply and demand of rooms to rent are finally returning to pre-pandemic levels after five years.

• Renters' monthly budgets not enough to keep up with rising rent costs - <August> 2024

  New data from SpareRoom shows the stark difference between what renters budget every month for rent vs the actual cost of their rent.

• Average London rent up 32% in 5 years - <August> 2024

  New data from SpareRoom shows London rents have increased by an average of 32% in the past five years.

• Up and Coming UK Rental Hotspots - <May> 2024

  The top ten biggest ‘climber’ locations tend to be between 7-11 miles from Central London, highlighting a growing demand for properties further from the Capital’s centre. Interestingly they’re also some of the cheapest areas to rent in the capital

• Increase in homeowners taking in lodgers - <January> 2024

  Data from the UK’s leading flatshare site, SpareRoom, reveals that there has been a huge rise in homeowners taking in lodgers. Comparing January 2024 with January 2021 there has been an 89% increase in new people taking in lodgers.

• Rebalancing the rental market - <December> 2023

  Demand for rental properties has soared, yet supply is falling. Combine that with high inflation and rising interest rates and it means record high rents. Renters are struggling, and landlords are leaving the market.

• London becomes a ‘no grad zone’ - <September> 2023

  Average room rents in London & surrounds are at a record high, reaching a staggering £1,013 in August 2023. Data reveals that London is now entirely unaffordable to graduates, thanks to sky-high rents.

• Nearly three quarters of renters are thinking of moving to escape high rents - <September> 2023

  New data from SpareRoom has revealed just under three quarters (72%) of renters are either actively looking (46%) to move to a new area or are considering it (26%), due to record high

• Rental market shows signs of improvement - <September> 2023

  In July, the ratio of active renters searching compared to rooms available in the UK was 5.6, compared to 6.2 in July 2022. In London it was 4.9, compared to 6 at the same point last year.

• One in Six Renters Working More Than One Job - <July> 2023

  17% of renters in the UK say they now have to work more than one job, with two thirds of those (67%) doing so to be able to afford their rent

• One In Three Renters Severely Rent Burdened - <May> 2023

  81% of renters in the UK now spend more than 30% of their take home pay on rent

• Rental Crisis Putting Lives On Hold - <March> 2023

  UK renters are being forced to delay personal and professional milestones due to rental market chaos - with rents and demand at all time highs, and supply at near 10 year low.