9 budget-friendly cities to move to

Thinking about moving?

If you’ve been thinking about moving and want to know where you could get the most bang for your buck, you’ve come to the right place.

We’ve had a look at some of the UK’s most budget-friendly cities and towns, to give you an overview of the costs and attractions of each area.

Before we dive into some of the best towns and cities to move to, here’s a brief national overview of average property and rental prices. If you’re looking at buying a property, average asking prices currently are £355,177 while average UK rent is £1,279 per calendar month (pcm).*^ But there are significant variations around the UK, so let’s take a look.

The UK’s cheapest region in which to live is the North East. Rightmove reports that current average asking prices are £178,574 while HomeLet recorded average rents in the region being £665 pcm.*^ 

Average UK rental price

Average rental cost in the North East
£1,279 pcm £665 pcm
 

Average UK asking price

Average property price in the North East
£355,177 £178,574
 

Now let's take a closer look at the property and rental figures in some of the UK's budget friendly areas.

Burnley

In the charming old mill town of Burnley, the average asking price for a property ranges between £113,947 and £133,177, while average rents sit at £652 pcm.*^ This contrasts with the North West region's average asking price of £248,770 and average rent of £1,014 pcm.*^

Burnley's natural beauty and historical architecture make it a desirable location. The town offers a variety of properties, from terraced cottages to Victorian residences. With a thriving cultural scene, a strong community spirit, and a direct rail link between Burnley and Manchester, it’s a great location for renters, first-time buyers, commuters, and investors alike.

Dundee

Dundee

Moving north to Scotland, Dundee presents an average property asking price between £170,135 and £186,447, with the regional average asking price lying in between at £180,733.* Average rents are £1,062 pcm, slightly above the regional average rent of £922 pcm.* Dundee is a hub of education and innovation, boasting a rich history and a vibrant cultural scene.

Blackpool

The vibrant seaside town of Blackpool offers an average property asking price between £139,573 and £157,877, with average rents at £703 pcm.*^ This is lower than the North West region's average asking price of £248,770 and slightly below the average rent of £1,014 pcm.*^

Renowned for its iconic tower, illuminations, and pleasure beach, Blackpool provides a lively living experience. With a strong sense of community and a variety of affordable properties, it's an attractive place for investors, first-time buyers, and those looking for a life beside the sea.

Cardiff

In the south-west of Wales, Cardiff's average property asking price is between £283,454 and £289,655, with average rents at £1,417 pcm. This is higher than the regional average asking price of £251,198 and rent of £867 pcm.*^

As the capital city, Cardiff offers quick access to the seaside and is close to the scenic landscapes of the Brecon Beacons. It offers a mix of shopping, entertainment, and green spaces like Bute Park, making it an attractive option for families and students alike. With excellent schools, a strong sense of community, and a passion for sports, Cardiff is a vibrant and welcoming city to call home.

Birmingham

Birmingham

In Birmingham, the UK's second-largest city, the average property asking price is between £249,043 and £269,049, with average rents at £1,620 pcm. This is slightly below the West Midlands' average asking price of £281,696, but above the average rent of £940 pcm.*

Newcastle upon Tyne

Newcastle's property prices, between £211,374 and £236,001, are higher than the North East average of £187,574.* Rent is about £1,377 pcm, also above the regional average rent of £665 pcm.*^

Newcastle upon Tyne, is a hub of culture and history and perfectly located for exploring the Northumberland coast and countryside. From its famous Tyne Bridge to its thriving arts scene, Newcastle offers a cosmopolitan lifestyle with a Geordie charm. With excellent schools, universities, and a bustling city centre, it's a vibrant place to call home.

Nottingham

Nottingham’s average property asking price is between £254,681 and £257,466, with average rents at £1,348 pcm.*^ This is above the East Midlands' average asking price of £275,866 and above the average rent of £872 pcm.*^

Famous for its links to Robin Hood, Nottingham combines historic charm with modern living. It's a city of culture and education, home to two universities and a thriving arts scene. With a range of property options and a vibrant city centre, Nottingham offers a unique and enriching living experience.

Liverpool

Liverpool

In Liverpool, the average property asking price is between £189,019 and £210,270, with average rents at £1,095 pcm.* This is below the North West's average asking price of £248,770, but above the average rent of £1,014 pcm.*
Known for its rich musical history and cultural scene, Liverpool offers a range of properties and a thriving entertainment scene. From city centre flats to large houses in the suburbs, Liverpool is a compelling choice of city for many.

Norwich 

Finally, in Norwich, the average property asking price is between £280,515 and £292,201, with average rents at £1,468 pcm.*^ This is below the East of England's average asking price of £405,158, but above the average rent of £1,223 pcm.*^

Combining medieval architecture with a vibrant cultural scene, Norwich offers a unique blend of old-world charm and cosmopolitan vibe. With excellent schools and an abundance of green spaces, Norwich is an attractive place to raise a family.

Whether it's the seaside charm of Blackpool, the cultural buzz of Newcastle, or the historic allure of Nottingham, there are plenty of beautiful locations in the UK you can call home. Each city or town offers a unique blend of property prices, rental options, and lifestyle opportunities. There's a home waiting in England, Wales or Scotland that suits every preference and budget.

Curious to see what's available?

Sources:
*Rightmove HPI [12]; Zoopla House Prices [12]
^Home.co.uk; HomeLet [12]
MKT/UKON/191223