Most Affordable Places to Buy and Rent in the UK
You may be seeking an affordable house to buy or rent for a number of reasons. Buying a home in a less sought after and cheaper area means that you will have more money to spend on refurbishments. It is also ideal for those looking to buy their first home or young couples. It is also worth noting that buying a home in a less sought-after UK location now at a low price could be a great investment down the line. Property prices are continuously increasing UK wide. Housing demand is on the rise and there is no stopping it.
If you are looking to rent and maybe also willing to relocate considering the cheaper options is a great idea. This will allow you to put more money away for a mortgage or perhaps other important things in life.
Let's dive in and review the most affordable locations throughout the UK.
Top cheapest places to buy a property:
Location |
Average house price 2022 |
Average salary |
Durham |
£101,961 |
£32,275 |
Middlesbrough |
£112,278 |
£31, 292 |
Aberdeen |
£114, 928 |
£38,926 |
Barnsley |
£131,563 |
£34,321 |
Stoke-on-Trent |
£115,345 |
£29,668 |
Hartlepool |
£121,201 |
£30,750 |
Blackpool |
£107,709 |
£27,244 |
Glasgow |
£136,516 |
£34,008 |
Rotherham |
£141,883 |
£35,280 |
Darlington |
£130,666 |
£32,909 |
Burnley |
£112,670 |
£25,000 |
These statistics take into consideration the average housing prices in each area. If you are working with a tight budget it is worth noting that you may still be able to buy property cheaper than £100,000. It all depends on what property type you are looking for. For example in Burnley, Lancashire, Terrace houses can sell for as low as £50-90k, while detached properties can sell on average for £112,670-£252, 670.
Use our advanced search function to search properties based on your budget.
Top cheapest places to rent a property:
Location |
Average rent |
Durham |
£450 |
Darlington |
£440 |
Burnley |
£400 |
Barnsley |
£427 |
Stock-on-Trent |
£435 |
Hyndburn |
£435 |
Hull |
£395 |
Bolsover |
£440 |
North East Lincolnshire |
£425 |
Search our latest properties to rent now.