Thursday 18 July 2013

Aberdeen Rental Prices Highest in Scotland

According to press releases this week, Aberdeen is one of the areas in the UK proving to be unaffordable for some families to rent in.

Having seen a growth in rental prices of over 7% in the past 12 months, it is no wonder why that is so.

Citylets reported average rents in Aberdeen being as follows:

1 bedroom - £631
2 bedroom - £879
3 bedroom - £1287
4 bedroom -  £1995

However, according to Aberdeen Council 'Aberdeen city and Aberdeenshire have significantly higher proportions of households with income over £40,000 compared to the other key cities in Scotland and the Scottish average'.

In which case the high rents could be in correlation with incomes.