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How Much Are Students Paying to Rent?

by guildy | 5 Jul 2018 | News, Rent Setting (England), Rent Setting (Wales)

How Much Are Students Paying to Rent?

Britain has five university cities in the global top 20 listing as the most expensive places to live for students.

London tops the UK list with an average weekly rent of £257.

Oxford comes in eighth with a rent of £205 a week, followed by Cambridge in 10thplace, with a weekly rent of £195.

The average global rent, according to a report by international student accommodation web site Student.com is £162 a week.

The most expensive cities are Boston, USA, with average weekly rents of £351 and New York, which costs students £304 a week.

Derby rates as the cheapest student city for rents in the UK, with a rent of £87 a week and a world ranking of 115th out of 125 cities.

Albacete, Spain, had the least expensive student accommodation, with a weekly rent of £45, followed by Johannesburg, South Africa at £57 a week and Singapore at £126 a week.

Most expensive UK cities for students

Rank City Weekly rent
1 London £263.00
2 Oxford £208.00
3 Cambridge £199.00
4 Reading £196.00
5 York £183.00
6 Exeter £174.00
7 Bristol £172.00
8 Edinburgh £160.00
9 Birmingham £155.00
10 Manchester £153.00

Most expensive global city rents for students

Rank City Country Weekly rent
1 Boston USA £351.00
2 New York USA £304.00
3 London UK £257.00
4 Sydney Australia £231.00
5 Seattle USA £213.00
6 Providence USA £210.00
7 San Diego USA £208.00
8 Oxford UK £205.00
9 Dublin Eire £203.00
10 Cambridge UK £194.00
11 Los Angeles USA £194.00
12 Reading UK £192.00
13 Melbourne Australia £187.00
14 Chicago USA £184.00
15 Philadelphia USA £180.00
16 Wollongong Australia £178.00
17 York UK £178.00
18 Toronto Canada £175.00
19 College Park USA £172.00
20 Paris France £171.00

Source: Student.com

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