Edinburgh is one of the most in-demand cities in the UK to live in, and is well documented as amongst the most expensive too, especially for those looking to rent a home. However, despite the rising rental rates, tenants do not appear to be swayed from living in this exciting, culturally rich and historically fascinating city, with its appeal reaching everyone from students to families.
If you’re thinking of renting in Edinburgh but aren’t sure how far your monthly budget can stretch, we’ve highlighted the five most affordable areas to rent a one-bedroom property in the city, based on average rental figures taken from the latest Citylets report*.
Trinity and Granton
Hugging the northern coast of the city, with stunning access to the waterfront, beautiful coastal views and excellent transport links, Trinity and Granton are very popular places to call home – particularly since the Edinburgh tram line was extended into nearby Newhaven in 2023, making a city-centre commute easier than ever.
This part of Edinburgh offers a mix of properties: from modern apartment blocks to elegant Victorian terraces, there really is something for everyone. There are also plenty of excellent local amenities, including restaurants, gyms and spas, supermarkets and independent cafes and shops. As well as lovely waterfront walks, there are also lots of lovely parks and green spaces to enjoy close to home.
According to ESPC and Citylets data from Q3 2024, the average rent for a one-bedroom property in EH5 (which covers these areas) is £1,024, while a two-bedroom property costs £1,241 and a three-bedroom property has an average rent of £1,542.
Dalry, Gorgie, Stenhouse and Sighthill
These areas are popular for both young professionals and students as rental costs can be cheaper, allowing residents to experience vibrant city living without the usual price tag. Plus, there are excellent bus services available to transport residents to all areas of the city, including Heriot Watt and Edinburgh Napier universities.
With more cafes and amenities opening all the time, you can find much to do, including the canal path for those who love to run or cycle, or you can head to Saughton Park or enjoy the Victorian baths at Dalry Swim Centre.
The average rent per month for a one-bed property in EH11, which covers the above areas, is £990, a two-bed is £1,342, and a three-bed property is £1,764.
Currie, Slateford and Balerno
Popular with families, the suburbs around Currie and Balerno (which include the sought-after areas of Juniper Green and Craiglockhart) are surprisingly among the most affordable places to rent a smaller property, according to the latest figures.
With plenty of green space, excellent transport links and the opportunity to enjoy a quieter pace of life, still in close proximity to the city centre, these areas are a great choice for young professionals.
The average rent per month for a one-bed property in EH14, which covers these areas, is £970, while a two-bedroom property commands an average rent of £1,323.
Portobello, Joppa, Duddingston and Brunstane
The seaside neighbourhoods of Portobello, Joppa, Duddingston and Brunstane are highly in-demand with tenants of all ages and stages of life, for a variety of reasons – from excellent commuter links, to good schooling options, to the opportunity to enjoy the coastal lifestyle close to the city centre.
There are plenty of amenities to enjoy, from the golden sands of Portobello beach to an array of independent bars, restaurants, shops and cafes, as well as leisure facilities, green spaces aplenty and many lovely walks.
Surprisingly, these areas are among the lowest-priced for renters in Edinburgh, with one-bedroom properties in the EH15 postcode charging an average rent of £925, while two-bedroom properties are £1,267.
Liberton, The Wisp and Craigmillar
These popular suburbs to the south of the city centre are a great option whether you’re looking for a commuter-friendly home to rent, or something for your family to stretch out into. Offering great links to amenities and excellent transport links, these areas are also great for tenants on a budget, offering great value for money.
A one-bedroom property in EH16, which covers these locations, has an average rent of £960 according to the latest figures. A two-bed property would set you back £1,222 while a three-bed property would command an average rent of £1,673.
If you’re searching for a property to rent in Edinburgh, you should contact a reputable local letting agency to get the best advice and up-to-date insights on the current rental market in the neighbourhood you’re interested in, as well as tips and tricks on how to stand out as a first-class tenant in a busy rental market.
*Citylets Q3 report 2024.