The cheapest and most expensive areas to rent in Greater Manchester as rent costs continue to soar
manchestereveningnews.co.ukRent costs are continuing to soar across the UK in the midst of the crippling cost of living crisis. According to Zoopla, the average UK rent has hit £1,126 this month which now takes up more than 28 percent of average earnings.
Across Greater Manchester, renters are now bearing the brunt of the recent interest rate rises as the price to rent a home has now become even more unaffordable.
Here we look at how much rent costs have gone up in every part of the region over the last year, as well as the cheapest and most expensive areas to rent today. Try MEN Premium for FREE by clicking here for no ads, fun puzzles and brilliant new features. As well as boasting the cheapest house prices, it is no surprise that Wigan is also the most affordable borough to rent.
Although rent costs have gone up by 11.6 percent in the last year, the average price to rent is currently £680. Rent prices in Bolton have risen by 12.5 percent in the last 12 months, but it is still considered one of the cheapest boroughs with an average rent cost of £718. Sign up to our free weekly property newsletter by clicking here Rochdale has an average rent cost of £734 making it one of the most affordable boroughs to rent a home despite prices having gone up by 11.4 percent in the last year.
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