Charming and historical city full of greenery — this is Cambridge. The city that gave the world Pink Floyd, educated 89 Nobel Prize winners and became the birthplace of modern football rules. For centuries, it has been attracting brilliant young people from all over the world in search of excellent education.
The first thing that comes to might when thinking about this city might be the iconic Cambridge University. But there are plenty of reasons to live in this city even if you’re not a student. Think of a compact place filled with beautiful architecture, stunning parks, and a wide range of restaurants for every taste. What’s more, it is well-connected to London and other cities around. The are many apartments for rent in Cambridge, as local real estate investors and landlords know perfectly well that the demand for rental properties here never shrinks. Of course, a large part of the renter's pool is students coming to study at the University of Cambridge and Anglia Ruskin University. So, while there might be a lot of rental properties to choose from, renting in Cambridge might also be a challenge because of the high competition.
For the last few years, Cambridge has consistently appeared in the top three on the list of best UK towns and cities to work in, so any young professional should take this into consideration choosing a place to live. Also, it is in the heart of the Silicon Fen — area, brimming with software, biotechnological, and electronics companies, such as AstraZeneca, Raspberry Pi, and ARM. Of course, such interest in this area is due to the proximity of Cambridge University and its brilliant students and alumni. But, it’s recommended to search for a job in Cambridge itself and not get tempted by the close proximity of London. By doing this, you will not spend all the saved money from a cheaper rental apartment in Cambridge on your everyday commute to the capital.
Many locals love Cambridge for the variety of foods it offers. This relatively small town has anything you can possibly think of when it comes to dining. There are four Michelin Star restaurants, such as Parker’s Tavern and Navadhanya, small and cozy local pubs, family-friendly cafes, tea rooms, and so many more! Of course, the selection of street food is also enormous. Many locals recommend heading to Cambridge market if you’re in the mood for some great food — it’s not only about fruits and vegetables, but also some amazing food from all around the world.
History is another trump card of Cambridge. This city was founded in the 1st century and avoided being destroyed by World War II like many other places in Europe, which resulted in an abundance of landmarks from different eras. Some of the most remarkable buildings include King’s College Chapel, executed in English Gothic style, and medieval churches, such as St. Bene’t’s Church and Round Church. The city celebrates history in all shapes and forms. For example, the Old Library in Christ’s College has over 50,000 rare printed books, such as the first editions of Charles Darwin’s and John Milton’s works. And, if you visit Midsummer Common at the right time, you can have fun at Midsummer Fair, which has been happening in Cambridge since 1211!
|Apr||vs Last Month|
|4+ bed apartments||£6,920||+216%|
Over the April 2023, the average rent for an apartment in/near Cambridge, UK increased by 158.5% to £4,297.
The average price for a rental studio in Cambridge, UK has remained the same as last month and equals £3,890. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 160.9% to £3,217. Pricing for 2-bed apartment also increased by 151.9% and a place of this size will now cost you £4,392. 3-bed apartment rent pricing starts at £5,466, it increased by 188.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 216% and made it up to £6,920.
Rent Type Price
|Apr||vs Last Month|
|Houses for rent||£5,081||+165.1%|
|Rooms for rent||£1,510||+35.8%|
|Apartments for rent||£3,850||+141%|
|Townhouses for rent||£4,221||N/A|
|Lofts for rent||£1,300||N/A|
|Condos for rent||£5,630||N/A|
The median rent for an apartment in Cambridge, UK increased by 141% to £3,850. Statistics show that house rent price increased by 165.1% this month making it up to £5,081. Condo for rent is now available for the same pricing as previously — £5,630. The median rent for a loft did not face significant changes this time, it now still goes for £1,300. An average room will now go for £1,510, the median rent price for a room increased by 35.8%. Townhouse rent pricing didn’t change, the price still starts at £4,221.