Yes, that’s right, as per some of the latest data on leased housing in central Manchester, it’s now approximately 41% more expensive to rent here than it was half a decade ago.
If you’ve lived in and around the city centre for long enough, chances are that you’ve already been feeling that difference, especially of late.
The ongoing cost-of-living crisis roughly began in 2021, following the economy and the world essentially opening back up after multiple lockdowns, so it’s little surprise that new research has shown affordability when it comes to renting has been on a slump ever since, too.
As well as the price of seemingly most things in everyday life going up post-pandemic, the average rental rate for even just a one-bedroom flat/apartment has jumped up significantly between 2020 and 2025.
Even some ‘available’ housing in town is being hampered by claddin (Credit: Valienne via WikiCommons)
That’s according to the numbers crunched by credit card experts, Zable, anyway.
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Not only did their recent report cite the rent prices going up even before the cost of living crisis – essentially following the outset of the Covid-19 outbreak – but if their figures, the rate of inflation and the unwaveringly high demand for housing are anything to go by, this trajectory is likely to continue in 2026.
As of February this year, around one in three UK households is now a single-person occupancy, which already comes with its challenges (the Manchester City Council tax discount being a thin lifeline for countless), not to mention energy bills and the cost of groceries continuing on an upwards trend.
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Put in the simplest and most reductive terms, it’s now almost £300 dearer for most people to live on their own than it was back in 2020, and besides Liverpool clocking in as second on the list of increasingly expensive cities to live (a 42.12% increase), Manchester came in third.
You can see the full table down below:
Rank
City
% increase – 2020-2025
Difference from 2020 to 2025 in £
Average rental cost for a 1 bed 2025
1
Newport
47.39%
£2,611
£8,121
2
Liverpool
42.12%
£2,290
£7,727
3
Manchester
41.00%
£3,364
£11,569
4
Edinburgh
40.28%
£4,620
£16,090
5
Leicester
39.93%
£2,391
£8,379
6
Wolverhampton
39.22%
£2,049
£7,273
7
Nottingham
39.07%
£2,400
£8,543
8
Glasgow
38.02%
£2,679
£9,725
9
Colchester
37.63%
£2,617
£9,572
10
Cardiff
37.06%
£2,828
Average rental cost for a 1-bed 2025
Another fear is that with lots of people finding it hard to manage living in other major cities like London, even those moving to Manchester are also having an impact on how available affordable housing is here.
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That’s why schemes such as the new ‘social rent’ development over in Wythenshawe are so important to the current generations of renters, with the possibility of owning your own property in the future becoming increasingly difficult for so many.
It’s also worth noting that Manchester ranked fourth among the British locations where the cost of living is said to have increased the most over the past five years, with the average difference in annual spend growing by an estimated 22.84%.
Two towns around an hour away from Manchester named ‘most affordable’ places to buy your first home
Emily Sergeant
Two towns that are around an hour away from Manchester have been named among the ‘most affordable’ places to buy your first home.
It’s all according to the latest analysis by consumer watchdog Which?, and Lloyds bank.
Getting onto the property ladder remains a struggle for many first time buyers, especially following increases to mortgage rates since the start of spring – but where you buy can make a huge difference, according to Which?, and now new research from Lloyds has revealed the cheapest areas to buy your first home.
Some of the locations on the list are even averaging less than half the price of homes in London, proving the North West is where you want to be to get your foot on the property ladder.
According to research from Lloyds Bank, the most affordable place for first time buyers in the UK is East Ayrshire in Scotland.
But when it comes to the North West, Blackpool is not only the most affordable area in region – ranking at number three on the list – but it’s also the cheapest in the whole of England too, beating Kingston upon Hull by just a few hundred pounds.
Two towns around an hour away from Manchester have been named among the ‘most affordable’ places to buy your first home / Credit: Benjamin Elliott | Maria Ziegler (via Unsplash)
The average first time buyer price in Blackpool is £150,780, according to the research.
Following Blackpool, ranking at sixth place on the list, is Hyndburn in Lancashire – which is actually a local Government district with borough status, that encompasses towns like Accrington and Great Harwood – with an average first time buyer price of £155,911.
Along with the most affordable areas for first time buyers, Lloyds has also calculated the areas with the youngest first time buyers too – and the North West also takes that title,
In the UK as a whole, the average age of a first time buyer is now 32, however buyers in some parts of the country are getting onto the property ladder much earlier than others, particularly in more affordable areas outside major cities.
The area with the youngest first time buyers is the Ribble Valley, according to Lloyds.
The largest town in this Lancashire district is Clitheroe, on the edge of the Forest of Bowland National Landscape, and in less than 40 minutes by car, you can get to Preston, Blackburn, and Burnley, so it’s a pretty well-connected place for also being so affordable.
Featured Image – Stuart Wilding (Geograph)
Property
Four North West towns named among Britain’s top 10 seaside ‘property hotspots’ for 2026
Emily Sergeant
Four North West towns have been named among Britain’s top 10 ‘property hotspots’ by the sea for 2026.
You may already be familiar that, every year, leading property listing website Rightmove takes a look at all the cities, towns, and residential areas across the UK where house prices saw a significant hike on average last year, and puts together a top 10 list.
The ‘hotspot’ table is made up of a variety of locations where prices rose the most, when compared to the end of the year prior.
But now, they’ve done a special seaside version too.
Of course, “Manchester‘s got everything except a beach” so it won’t come as a surprise that no Greater Manchester towns are featured on this list, but that isn’t the case for the rest of the North West though, as Merseyside and Cumbria are well represented.
In fact, it’s actually the North West that’s taken the top spot, as Bootle in Merseyside has been named Britain’s top seaside house price hotspot, with asking prices having risen 11% in the past year alone, and that’s even with an average house price still way below the national average at £141,680.
Four North West towns have been named among Britain’s top 10 seaside ‘property hotspots’ for 2026 / Credit: James Feaver | Gabe Fender (via Unsplash)
Second place can be found just 10 minutes further up the coast in the town of Crosby, where the average asking prices are up 9% compared to last year, reaching £330,900.
Wallasey comes in at sixth place on the list, with house prices rising 7% to £200,753 on average, while Barrow-in-Furness in Cumbria ranks at number nine with house prices increasing 6% to an average of £185,169.
Rightmove says the data shows that coastal living remains ‘relatively accessible’ in several areas, with nine of the top 10 fastest growing seaside locations still priced below the national average, and across more than 100 coastal areas analysed, more than 80% also have an average asking price below the national average (£378,304).
“The fastest-growing seaside markets this year show that demand for coastal homes in many areas remains resilient, even as overall price growth across the UK stays more modest,” commented Colleen Babcock, who is Rightmove’s property expert.
“While some locations are seeing strong price increases, there are still many areas where living by the sea is more affordable, giving buyers a wider range of options depending on their budget.”
Danny Jones -
2nd April 2026 
