Citylets Quarterly Report Q2 2026

Citylets Quarterly Report Q2 2026, authored by Thomas Ashdown and published by Citylets, presents a comprehensive analysis of the Scottish private rented sector (PRS) for the second quarter of 2026. The study is part of Citylets’ ongoing research series and is publicly available. It focuses on rental trends, market balance, and sustainability implications across major Scottish cities and regions.

Across Scotland the average monthly rent in Q2 2026 stood at £1,248, reflecting a marginal 0.2 % annual decline. The market showed overall stability with a national average time‑to‑let (TTL) of 29 days. Vacancy pressures remain low, and landlord‑tenant dynamics appear balanced after several years of rapid rent growth.

Edinburgh’s average rent was £1,596 per month, up 1 % year‑on‑year, with a TTL of 27 days. One‑bedroom properties averaged £1,095, while four‑bedroom units reached £3,003. Rental growth is modest, and the city continues to exhibit strong occupancy, indicating a resilient market despite broader economic headwinds.

In Glasgow the average rent was £1,211 per month, a 1 % increase YoY, and a TTL of 28 days. One‑bedroom rents were £912, and four‑bedroom units £2,763. The city’s rental market remains healthy, though price sensitivity is noted, with small rent variations influencing demand.

Aberdeen recorded an average rent of £895 per month, up 1.4 % YoY, with a TTL of 37 days. One‑bedroom rents were £565, while four‑bedroom homes fetched £1,647. The region shows steady demand, particularly for larger family homes, and a moderate increase in rental values.

Dundee’s average rent was £885 per month, rising 2.7 % YoY, with a TTL of 39 days. One‑bedroom rents stood at £620 and four‑bedroom units at £1,231. The market displays robust activity, especially in the student segment, influencing short‑term rental dynamics.

West Lothian’s average rent reached £1,058 per month, up 1.5 % YoY, with a TTL of 24 days. One‑bedroom properties were £696, and three‑bedroom homes £1,231. The area benefits from strong tenant demand and short letting times, reflecting its appeal to commuters and families.

The report notes that the PRS is gradually stabilising after a period of intense rent growth, aided by increased housing supply and clearer regulatory frameworks. Sustainable housing considerations are evident in the emphasis on energy‑efficient properties, especially in Aberdeen where energy costs influence tenant preferences. The study highlights the importance of well‑presented, well‑maintained homes in attracting tenants, aligning with broader sustainability goals of reducing void periods and improving building performance.

The Rental Index (base Q1 2008) shows a long‑term upward trajectory, with the 2026 Q2 figure at 213.7, indicating a 113 % increase over the baseline. This long‑term growth underscores the need for continued investment in affordable, energy‑efficient rental stock to meet demand without exacerbating affordability pressures.

Quotes from industry experts—including Karen Turner (Rettie & Co.), Harry Crombie (Stand Property), and Alan Henderson (Mavor & Company)—reinforce the view that the market is moving towards a more balanced state. They stress the importance of property presentation, tenant demand resilience, and the role of regulatory clarity in sustaining market health.

Citylets’ Q2 2026 report provides detailed, data‑driven insight into Scotland’s rental market, highlighting modest rent growth, short letting times, and emerging sustainability trends. For a European audience interested in sustainable housing, the findings illustrate how supply expansion, regulatory improvements, and energy‑efficiency considerations can stabilise rental markets while supporting tenant needs and environmental objectives.