Summary
Research from rental platform Rentaroof's Q2 2026 Manchester Rental Market Report analysed 6,798 listings and found properties letting in 21 days on average, down from 24 days in the same quarter last year. Almost 40% of homes let within 14 days. Average asking rents reached £1,162, up 2.7% year-on-year, while ONS data recorded average private rents at £1,352 in May 2026.
Didsbury, Ancoats and Chorlton-cum-Hardy saw the fastest lettings, with properties typically letting in under two weeks. Rentaroof CEO Jasper de Groot attributed the tightening to persistent demand exceeding supply, driven by Manchester's universities, employment growth and expanding economy. Room rents have increased over 10% as renters compete for affordable options.
The report provides the first quarterly benchmark since the Renters' Rights Act came into force. De Groot noted landlords may now advertise at realistic prices without relying on bidding wars, while more are seeking professional management to meet new compliance requirements—changes likely to reshape the lettings market over the next year.
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Common questions
- What is this article about?
- Manchester's lettings market has tightened sharply, with properties now letting in 21 days on average—three days faster than a year ago—despite rents rising 2.7% to £1,162. The Rentaroof rental market report attributes the faster turnover to strong demand from students and professionals outweighing supply across the city.
- When was this published?
- This article was published on 10 August 2026.
- Who published this article?
- This article was published by TheBusinessDesk.