Citylets Rental Report - Don’t Need No Rent Control - Q2 2015 Summary

rent-trends

Our latest report sees rents in the Scottish PRS continue their upward climb as at Q2 2015 despite drag exerted by the City of Aberdeen. Average rents stood at a high of £762, up 5.4% on the year and taking just 1 month to rent. Annual growth however has slowed from 7.4% last quarter.

Aberdeen rents, still the highest of all Scotland’s cities, fell 3.8% from £1089 to £1043. Glasgow recorded annual growth of 4.4% to £685 per month but down from 8.1% as at end of Q1. Edinburgh continued its upward trajectory, up 7.3% to average £923 and may soon eclipse Aberdeen as Scotland’s priciest rental market.

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rent-trends-Q2-15
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