Home of Peaky Blinders, Birmingham was called The City of Thousand Trades during the Industrial Revolution. Even now, its metropolitan area is the second-largest economy in the country, attracting people from all around the UK who search for job opportunities.
This city always brims with life and energy. Part of the reason might be a large population of young people who come to Birmingham to study at the universities. The city is also well-known for its cultural institutions, such as the Birmingham Royal Ballet, the Library of Birmingham, and Symphony Hall. Busy and vibrant, Birmingham has plenty to offer to its permanent residents and tourists from all around the world. You might want to consider finding an apartment for rent in Birmingham if you want to live in a large city that has a lot of opportunities and places to go but don’t want your housing to cost an arm and a leg. Living and renting in Birmingham is surprisingly affordable (compared to London), and here you can find a much better property and feel better off making the same amount of money.
Being the second-largest city in the United Kingdom by population, Birmingham is a melting pot of nationalities and cultures. It is also a very ethnically and religiously diverse city, as it has the largest Muslim, Buddhist, and Sikh community in the UK, apart from London. As you remember, Birmingham is a city of students and working people — it has a very young population compared to many other places in the country. Out of 1.3 mln, 64.3% of the population in the city are those of working age. 22.7% are children, and 13.0% are retirees.
Most of the children in Birmingham attend public schools. There are also some excellent private schools, such as King Edward’s School or Highclare School, but the fees can reach £13,000 a year. After primary and secondary school, your kids would have to receive further education — Birmingham has a few colleges of further education to choose from. Finally, there are five main universities in Birmingham: University of Birmingham, University College Birmingham, Newman University, Aston University, and Birmingham City University. There are also campuses of other prominent universities in the city, both public and private, such as Open University and the University of Law.
Various areas of the city are well-connected to each other thanks to the broad network of buses and a light rail system. Thanks to that, it’s easy enough to get around no matter where you rent in Birmingham. What’s more, being located in the West Midlands, Birmingham is a major hub when it comes to highways and railways — it is easy to get to any point in the UK from here! Even though the city does not have an underground metro system, you can enjoy alternative means of transport, such as a boat and waterbus, as Birmingham is all about canals!
|Rent Price||Aug||vs Last Month|
|1 bed rentals||£804||+13.9%|
|2 bed rentals||£1,177||+9.4%|
|3 bed rentals||£1,190||+0%|
|4+ bed rentals||£1,863||+22.4%|
Over the Aug 2022, the average rent for an apartment in/near Birmingham, UK increased by 57.1% to £1,598.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 13.9% to £804. Pricing for 2-bed apartment also increased by 9.4% and a place of this size will now cost you £1,177. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for £1,190. We tend to note the rise of 4- and more bed apartment pricing. It increased by 22.4% and made it up to £1,863.
|Rent Type Price||Aug||vs Last Month|
The median rent for an apartment in Birmingham, UK increased by 66.4% to £1,674. Statistics show that house rent price decreased by 8.6% this month making it up to £1,438. Condos faced an upward trend these days. The median rent for a condo increased by 50%, it’s now available for £1,507. The median rent for a loft faced changes as well, it decreased by 17.8%, the price tag now starts at£834. An average room will now go for £395, the median rent price for a room increased by 23.1%. Townhouse rent pricing didn’t change, the price still starts at £795.
The Jewellery Quarter is not only a manufacturer of 40% of the jewels made in the UK and an amazing place for those seeking a central location in Birmingham. The properties here might be a bit pricey, but you will not regret it!