Glasgow

Sandra Munro

“We have been really busy this past quarter. Demand in Glasgow has remained high, with more people seeking to rent, and the overall demand for one and two-bedroom properties was higher, especially in areas close to universities, hospitals, and transport hubs. Rental prices have continued to rise, albeit at a slightly lower pace compared to the earlier parts of the year, which was mainly driven by high demand and limited stock. We are still seeing many landlords choosing to sell rather than renew tenancies, which is contributing to the ongoing stock shortage. We were also seeing a shift in rental preferences with a higher number of renters seeking pet-friendly, long-term rentals with more space.”

Market Overview - Q3 2025

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £915 -0.9% 40.8% 78.0% 18 1 26% 83%
2 bed £1,246 2.2% 46.9% 75.5% 21 -1 25% 74%
3 bed £1,809 6.1% 51.0% 94.1% 30 7 12% 59%
4 bed £2,733 6.9% 51.6% 99.3% 22 -13 29% 75%
All £1,229 2.2% 46.1% 79.7% 21 0 24% 75%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

YearQ1Q2Q3Q4
2008 100.0 102.6 104.6 101.8
2009 102.3 101.4 103.0 100.7
2010 104.2 104.1 103.9 103.7
2011 102.3 106.0 106.7 105.6
2012 105.1 107.4 108.5 107.9
2013 108.1 109.0 109.0 108.5
2014 110.8 115.7 118.0 118.7
2015 119.8 120.8 120.6 123.6
2016 125.2 126.8 129.3 128.6
2017 130.5 133.2 131.9 130.9
2018 132.1 134.6 138.4 136.0
2019 136.2 140.9 141.6 141.4
2020 139.7 142.9 148.3 149.4
2021 147.8 155.6 163.7 172.0
2022 171.4 175.8 184.3 195.9
2023 194.9 201.2 213.1 207.9
2024 201.8 208.6 212.0 204.1
2025 202.8 211.5 216.8  

Market Composition

Yield by Popular Postcode (Flats):

Postcode20172018201920202021
G1 5.70% 4.90% 6.00% 5.80% 6.2%
G2 6.70% 7.00% 6.60% 5.90% 6.6%
G3 5.40% 5.30% 5.30% 5.30% 5.0%
G4 6.60% 5.30% 6.00% 5.90% 6.0%
G5 6.70% 6.40% 6.70% 6.40% 6.7%
G11 5.30% 5.00% 5.20% 5.20% 5.3%
G12 4.70% 4.40% 4.80% 4.20% 4.5%
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