Statistics to the end of September 2024 released by the Scottish Government show the price for a three-bedroom home increased by £110 to reach £1,136 per month.

Monthly Scottish average rents grew for all property sizes in the latest year:

• +9.6% or +£62 for 1-bedroom properties, reaching £710 per month.
• +6.2% or +£52 for 2-bedroom properties, reaching £893 per month.
• +10.7% or +£110 for 3-bedroom properties, reaching £1,136 per month.
• +8.3% or +£137 for 4-bedroom properties, reaching £1,793 per month.
• +8.3% or +£41 for 1-bedroom shared properties, reaching £530 per month.

The Scottish Government said the statistics are based predominantly on advertised rents and so reflect rents that landlords are charging when their properties become available for rent at the point of tenant turnover or when properties are new to the rental market. This means rents presented here do not reflect rental restrictions arising from the Cost of Living (Tenant Protection) (Scotland) Act 2022 nor the Rent Adjudication (Temporary Modifications) (Scotland) Regulations 2024 which only affect existing tenants.

For the most common size of property (two bedrooms) rents increased in 17 out of 18 Broad Rental Market Areas of Scotland (areas related to local housing allowance) compared with the previous year. In all those 17 areas, rent increases exceeded the average 12 month UK CPI inflation rate of 3.0%.

The highest increases in average two-bed rents were seen in Lothian (+14.0% or £167 per month). Greater Glasgow was the only area to see a fall in average two-bed rents. In Greater Glasgow average two-bed rents decreased by-2.4% (or £25 per month). This 2.4% decrease in Greater Glasgow followed a 22.3% increase in 2023.

Lothian had the highest average monthly two-bedroom rent (£1,358) in year to end of September 2024. Dumfries and Galloway had the lowest average monthly two-bedroom rent (£505).

Since 2010, six areas have seen average rent increases above the average rate of inflation for all property sizes. These were Dundee and Angus, East Dunbartonshire, Fife, Forth Valley, Greater Glasgow and Lothian. Every area has at least one property size where the increases in average rents have exceeded the rate of inflation between 2010 and 2024 (50.0%).

The figures come as MSPs are set to vote on the first stage of the Housing Bill on Thursday, which if passed will see rent controls passed into law in Scotland.