Private rental prices paid by tenants in the UK rose by 6.2% in the 12 months to January 2024, unchanged for the second consecutive month.

Annual private rental prices increased by 6.1% in England, 7.0% in Wales and 6.8% in Scotland in the 12 months to January 2024.

Within England, London had the highest annual percentage change in private rental prices in the 12 months to January 2024, at 6.9%, while the North East saw the lowest, at 4.7%.

Private rental prices paid by tenants in the UK increased by 6.2% in the 12 months to January 2024 (provisional estimate). The annual rate has remained unchanged since November 2023, and represents the jointhighest annual percentage change since this UK data series began in January 2016.

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