The salary needed in each England council area to afford a two-bed rental

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Most agents require you to earn 30 times the monthly rent (Picture: Getty Images) The cost of renting a home varies dramatically depending on where you live – and so does the…

The cost of renting a home varies dramatically depending on where you live – and so does the salary you’ll need to afford one.

Analysis by RenterCheck, using the latest Office for National Statistics (ONS) data, has revealed how much prospective tenants would need to earn in each of England’s 294 council areas to rent an average property.

And while some areas have relatively modest income requirements, others demand amounts that would put solo living well out of reach for many ordinary workers.

The figures are based on the common affordability requirement used by referencing companies, which typically expect tenants to have an annual paycheck equivalent to 30 times the monthly rent.

For a two-bedroom home, the average monthly rent for England as a whole stands at £1,341, which means a prospective tenant would need a yearly wage of £40,230 before tax — almost bang on the current median of£40,911 a year.

London is by far the most expensive region, with renters needing an annual household income of £67,170 to afford a two-bedroom place; a less than the city’s £53,132 median, and more than three times the £20,940 required in the North East, the cheapest region in England.

In fact, all 20 council areas with the highest salary requirements are in the capital.

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