The rental market in Manchester has gone crazy over the last few years due to a huge imbalance of supply and demand. In the third quarter of 2022, the number of rental properties available in Manchester hit an all-time low, and combined with an influx of renters, this has led to a rent crisis across the city.
With more and more people wanting to move to the city, but with a lack of home available, competition has become ridiculously fierce - and rentals are now flying off the market almost as soon as they're listed.
Tenants are now being forced to pay much more for their rent each month too. According to the latest data from Zoopla, the average monthly rent in Manchester is now £978 - which has gone up by 14 percent in the last year alone. READ MORE: Houses for sale right now in Greater Manchester's 'best places to live' With thousands of renters desperate to find a new place to live in Manchester, a property expert at Buzz Capital has now revealed his top tips for how to beat the crisis and have the best chance at securing a rental home in the city. “Being on the ball is crucial when securing a property in such a competitive rental market”, says Adam Betteridge on behalf of Buzz Capital. “Sign up to email alerts from Rightmove, Zoopla, and PrimeLocation.
SpareRoom and RoomGo are good places to find shared accommodation. SpareRoom also offers a free trial of their Early Bird Access service, which is a great way for prospective renters to maximise their chances of finding accommodation. “Contact Manchester-specific estate agents and ask to register your details and to be notified of any new properties.
Read more on manchestereveningnews.co.uk
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