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Wrexham is the busiest rental market with 56 enquiries per property

Wrexham in Wales is this year’s busiest rental location, with available rental properties in the area receiving 56 enquiries on average from prospective tenants in 2023, up from eight enquiries back in 2019, according to Rightmove.

Redbridge in London is second on the list with an average of 49 enquiries per available rental property, and Tameside in Greater Manchester is third with an average of 48 enquiries

Across Great Britain there has been an average of 20 individual enquiries per available rental property this year, compared to an average of six in 2019, due to the widening supply and demand gap

However, there are signs that the balance of supply and demand will improve next year. Rightmove forecasts a 5% increase in newly advertised rents in 2024 outside of London, with a 3% increase in London.

However, there are signs that the balance between supply and demand will improve next year. The number of properties available to rent is now 11% higher than this time last year, while the number of renters looking for a home and sending enquiries to estate agents is 12% lower than at this time in 2022.

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