One of the most noteworthy effects of the pandemic on the rental market has been the shift in the distribution of available properties between urban and suburban areas.
According to Rightmove, the imbalance of supply and demand for rental properties in these areas has led to an 11% rise in asking rents compared to pre-pandemic levels. The average asking rent in suburban areas across Great Britain is now suggested to be £1,041 per calendar month, up from £940 in February 2020. In rural areas, rents have jumped from £1,141 per calendar month to a current level of £1,264. Urban rents are up by just £25 over the same time period, from £1,347 to £1,372.