Rents across Great Britain are becoming less affordable

Median market asking rent as proportion of median income for two people

No data

10%

20

30

40

October 2019

Greater London

22%

Newcastle

upon Tyne

38%

Hackney

24%

Manchester

28%

Reading

24%

Exeter

October 2022

Greater London

28%

Newcastle

upon Tyne

30%

Manchester

29%

Reading

32%

Exeter

October 2023

Greater London

32%

Newcastle

upon Tyne

44%

Hackney

30%

Manchester

35%

Reading

25%

Exeter

No data

10%

20

30

40

October 2019

October 2022

October 2023

22%

Newcastle

upon Tyne

28%

Newcastle

upon Tyne

32%

Newcastle

upon Tyne

24%

Manchester

30%

Manchester

30%

Manchester

28%

Reading

29%

Reading

35%

Reading

24%

Exeter

32%

Exeter

25%

Exeter

38%

Hackney

44%

Hackney

Greater

London

No data

10%

20

30

40

October 2019

October 2022

October 2023

22%

Newcastle

upon Tyne

28%

Newcastle

upon Tyne

32%

Newcastle

upon Tyne

24%

Manchester

30%

Manchester

30%

Manchester

28%

Reading

29%

Reading

35%

Reading

24%

Exeter

32%

Exeter

25%

Exeter

38%

Hackney

44%

Hackney

Greater

London