How much does it cost to rent in Edinburgh Scotland?

How much does it cost to rent in Edinburgh Scotland?

Edinburgh is an expensive city by UK standards but not when we compare it to the capital London. Average rents for a 1 bedroom apartment stand at around $810pcm. For a large 3 bedroom apartment expect to pay around $1,240 a month. If you decide to live outside of the city center prices are much more reasonable.

What is long term rental in Scotland?

Most houses to rent in Scotland are let through a 6 month assured tenancy but of course many property owners are happy to rent for 12 months or longer to a good tenant and will just renew the tenancy agreement every 6 months.

Is it easy to rent in Edinburgh?

Finding a flat to rent in Edinburgh can be a stressful experience for tenants. There are not enough quality properties to meet tenant demand; rents are high, competition is fierce, and it can feel like a frenzy for tenants trying to secure the right property.

How do I find somewhere to live in Edinburgh?

The Best Websites to Help You Find a Flat to Rent in Edinburgh

  1. Gumtree. Gumtree is the easiest and fastest way to find a room to rent in Edinburgh.
  2. Roomgo.
  3. Spareroom.
  4. Craigslist.
  5. Citylets.
  6. Rightmove, Lettingweb and ESPC.
  7. Haymarket.

Is living in Edinburgh expensive?

Edinburgh is quite an expensive city to live in by UK standards but not as expensive as London. Comparing it with major cities worldwide, it is quite a reasonably priced city. Prices obviously vary from area to area but the figures below will give you an indication of what’s available at what price.

Is rent cheap in Scotland?

Scotland remains one of the cheapest places to lease a property, with tenants currently spending 23 per cent of their income on rent. This is in comparison to the UK average of 31 per cent.

What does PCM mean UK rent?

Per Calendar Month
PCM stands for Per Calendar Month. If rent is taken PCM, it means it is taken on the same date every month.

What salary do you need to live comfortably in Edinburgh?

You would need an average monthly salary of 4,139 USD in Edinburgh to maintain the same standard of living that you could have with 7,800 USD in New York.

Is Edinburgh Scotland expensive to live?

Edinburgh is quite an expensive city to live in by UK standards but not as expensive as London. Comparing it with major cities worldwide, it is quite a reasonably priced city.

How do you find a good flat?

Top 15 Tips for Finding the Best Flat

  1. Tip #1 — Don’t Panic.
  2. Tip #2 —Shop Around.
  3. Tip #3 — Okay, Now Maybe Panic.
  4. Tip #4 — Be Realistic With Your Needs.
  5. Tip #5 — Don’t be “That Guy”
  6. Tip #6 — Know Your Budget.
  7. Tip #7 — Lurk on Your Letting Agent.
  8. Tip #8 — View the Property, Thoroughly.