Rents rise for a third consecutive month

Rents across England rose again in March, marking the third successive month of rises, Goodlord reveals.

Its latest rental index which is based on actual tenancy costs rather than listed rates, points to a robust 4.6% annual increase in rents.

Goodlord says that the typical rent reached £1,213 in March, a jump from the £1,160 seen in March 2024.

New tenants in March have seen the annual rent increase of £636 compared to 2024.

New rent highs coming

The platform’s chief executive, William Reeve, said: “We’ve long believed that rental prices didn’t reach their ceiling last summer and that this year will bring new rental cost highs.

“The steady creep of price rises we’ve tracked in 2025 so far appears to bear this out.”

He added: “And whilst the data shows that the pace of these rent rises and the pressures of market demand can take on a strong regional flavour – meaning not all renters will be at the sharp end of these shifts – the overall picture is currently pointing to another year of record-breaking rents.”

Some areas saw 6% rises

Regionally, the South East saw the highest rent increases of more than 6% as monthly rents climbed from £1,286 in March 2024 to £1,365 last month.

Close behind are the West Midlands and North West which reported a 5% yearly rise in rents.

Landlords in the East Midlands saw the lowest growth annually, with rises of 0.33%, moving from £1,209 to £1,213 per property.

Every region except the East Midlands, which saw a 3% drop from £1,018 to £987, experienced a month-to-month rent increase.

Greater London led with the most substantial monthly jump, with rents rising more than 1% from £2,021 to £2,045.

Voids also grew slightly in March to an average of 21 days from 20 days the previous month.

Regionally, Greater London, the North West and the South West saw reductions in void periods, whereas the South East and West Midlands noted increases, with the latter seeing a significant five-day extension.

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