Liverpool rental prices are far cheaper than most of the country. With the City centre being the most expensive area to rent, and then just half a mile from the centre being far cheaper.
The Average Rental Prices in Liverpool are...
House - £970 pcm
Apartment - £1,054 pcm
1 Bedroom - £729 pcm
2 Bedrooms - £931 pcm
3 Bedrooms - £1,093 pcm
4 Bedrooms - £1,325 pcm
5 Bedrooms - £1,475 pcm
Rental prices in Liverpool vary dramatically depending on the exact location. The central areas have seen large regenerations and attract a huge amount of tourism. This drives up the rental value so much that average rental prices here can easily be 3 times the average of the entire city. If you are looking to rent or invest ion the city it is vital you know the rental difference of these locations.
Liverpool L1
L1 encompasses a large part of the City Centre. The area includes the Liverpool One Shopping Centre, The Baltic Triangle. The Georgian Quarter, Bold Street and surrounding Nightclubs. The area is popular for nightlife and shopping, You will mostly find Student, Short term lets and young professional's renting in this location.
The location will have a number of new built apartments along with large Georgian manors which have mostly been turned into apartments.
Average Rental Prices...
House - £1,810 pcm
Apartment - £1,389 pcm
1 Bedroom - £1,139 pcm
2 Bedrooms - £1,349 pcm
3 Bedrooms - £2,288 pcm
Liverpool L2
L2 is the Old city centre and includes the business district and Old City Hall. Bang in the middle of L2 is the world Famous Cavern Club where The Beatles would play before international fame. The location has an abundance of clubs bars and restaurants and is popular for Short term lets and young professionals. The area isn't as popular for student accommodation.
The area does not have many houses, and most properties will be Knew build apartments and apartments converted from the older architecture of the city.
Average Rental Prices...
House - £2,250 pcm
Apartment - £2,163 pcm
1 Bedroom - £1,585 pcm
2 Bedrooms - £1,895 pcm
3 Bedrooms - £3,705 pcm
Liverpool L3
L3 is a large area surrounding the city centre and includes most of the Docks. Depending where in L3 you were to invest can vary the rental value and the type of tenant. The docks has a mixture of of converted apartments and new builds and is popular for students, short term lets and young professionals. L3 north and East of the city centre is the cheaper property, popular for local workers.
Average Rental Prices...
House - £934 pcm
Apartment - £1,220 pcm
1 Bedroom - £859 pcm
2 Bedrooms - £1,020 pcm
3 Bedrooms - £1,924 pcm
4 Bedrooms - £2,037 pcm
Liverpool L4
L4 is famous for being home of 2 Premier League Clubs (Liverpool Fc & Everton). Property is cheaper and is more popular among local residents and home owners. Probably not the most area if you are looking to invest. The Vast majority of property here are Victorian terrace houses, which often rent out at a low price.
Average Rental Prices...
House - £782 pcm
Apartment - £799 pcm
1 Bedroom - £464 pcm
2 Bedrooms - £599 pcm
3 Bedrooms - £890 pcm
Liverpool L7
L7 is made up of industrial areas and Victorian Terraces. Recent years have seen serval investments and regenerations such as the Technology Park. The location is popular for students and also has a large number of families of a vast range of ethnicities. Prices are cheap but student rental tenants are vast.
Average Rental Prices...
House - £712 pcm
Apartment - £603 pcm
1 Bedroom - £499 pcm
2 Bedrooms - £743 pcm
3 Bedrooms - £819 pcm
4 Bedrooms - £849 pcm
Liverpool L8
L8 is a huge area which covers an area South of the City Centre. It includes a lot of Terrace houses popular with students, old warehouses and industrial buildings many of which have been converted to flats along with the latest nightlife on the site of the Old brewery. This includes themed bars, mini-golf and new build apartments. The location also has a large number of families and owner occupiers.
Average Rental Prices...
House - £1,079
Apartment - £947
1 Bedroom - £806
2 Bedrooms - £938
3 Bedrooms - £1,094
4 Bedrooms - £780
Liverpool L15
L15 is probably the main location for students. The property prices are cheap and is full of large terrace house of 2-6 bedrooms each, perfect for groups of students. It also has a large number of families with a variety of ethnicities.
Average Rental Prices...
House - £1,237 pcm
Apartment - £ 1,018 pcm
1 Bedroom - £441 pcm
2 Bedrooms - £712 pcm
3 Bedrooms - £1,100 pcm
4 Bedrooms - £1,333 pcm
5 Bedrooms - £1,339 pcm
Liverpool L17
L17 is mostly covered by Sefton Park, the largest and most substantial park in Liverpool, This area is popular for both students and families. Lark Lane is a popular road within L17 which has a number of restaurant and bars, adding a quirky element to the area. Most properties are terrace house but with a mixture of large manor houses surrounding Sefton Park. Most of the larger properties have been converted to apartments for students.
Average Rental Prices...
House - £1,670 pcm
Apartment - £918 pcm
1 Bedroom - £701 pcm
2 Bedrooms - £978 pcm
3 Bedrooms - £1,066 pcm
4 Bedrooms - £2,226 pcm
source: Rental prices are provided from https://www.home.co.uk/for_rent/liverpool/current_rents?location=liverpool and are constantly subject to change.
