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Zoopla UK Rental Market Report – March 2023

Research and Insight March 2023
Top insights
Executive summary
10 %

Annual rental inflation for new lets, UK

Relative to the 5-year average
30 %

Rental demand

2016 - 2021, GB saw

Increase in number of private rented homes


The demand for renting was incredibly strong in 2022 helping push rents up by 11%. Rents will continue to rise over 2023 but at a slower rate as demand moderates and affordability pressures start to bite harder on renters.