RenterCheck

Renting in London vs Liverpool

LondonvsNorth West

Side-by-side comparison of rental costs, market conditions, and living expenses to help you decide where to rent.

Rent Comparison by Property Size

Property TypeLondonLiverpoolDifference
Studio£1,350/mo£550/mo+£800
1-Bed£1,600/mo£650/mo+£950
2-Bed£2,000/mo£800/mo+£1,200
3-Bed£2,500/mo£1,000/mo+£1,500
4-Bed£3,200/mo£1,250/mo+£1,950

2-Bed Rent Comparison

London£2,000/mo
Liverpool£800/mo

Market Statistics

MetricLondonLiverpool
Average Yield4.2%7.2%
Rent Growth (YoY)5.8%6.8%
Demand LevelVery HighHigh
Average Deposit£2,308£923
Council Tax (Band D)£1,927/yr£2,203/yr

Quick Verdict

For Affordability

Liverpool

£1,200/mo cheaper for a 2-bed

For Growth Potential

Liverpool

6.8% year-on-year growth

For Investment Yield

Liverpool

7.2% average yield

Monthly Cost of Living (2-Bed)

London

2-Bed Rent£2,000
Council Tax (monthly)£161
Energy (est.)£150
Water (est.)£35
Total Monthly£2,346

Liverpool

2-Bed Rent£800
Council Tax (monthly)£184
Energy (est.)£150
Water (est.)£35
Total Monthly£1,169

Living in Liverpool saves you approximately £1,177/mo on core housing costs.

Transport Links

London

Extensive Underground, Overground, Elizabeth Line, bus network, and national rail connections across all zones.

Liverpool

Lime Street mainline station, Merseyrail network, extensive bus routes, and Liverpool John Lennon Airport.

Popular Neighbourhoods

London

ClaphamHackneyGreenwichBrixton

Liverpool

Baltic TriangleRopewalksAigburthWoolton

Our Verdict

London and Liverpool offer different rental experiences. Liverpool is the more affordable option, with 2-bed rents averaging £800/mo compared to £2,000/mo in London, saving renters £1,200 per month.

Liverpool is seeing stronger rent growth at 6.8% year-on-year, which may indicate increasing demand in the area. Liverpool offers better returns for landlords at 7.2% average yield.

Both cities have significant student populations, which drives demand for house shares and smaller properties. Ultimately, the best choice depends on your work location, budget, and lifestyle priorities.

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Properties in London

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Properties in Liverpool

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