Data complied by global property advisor JLL shows that Manchester saw a rise of 19.6pc in the 12 months to the end of June 2023.
The jump was the highest among the 'big six' cities outside London which also includes Birmingham, Leeds, Bristol, Edinburgh and Glasgow.
The report has also revealed that house prices in Manchester also rose by 4.9pc during the same period, the second highest among the 'big six.
According to the report, the rise in rental prices has been fuelled by the continued demand from young professionals and both international and domestic students alongside a significant reduction in supply.
Denne historien er fra August 22, 2023-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 22, 2023-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Carsley's gamble backfires as his lopsided England side fail to inspire
LEE Carsley's chances of becoming Gareth Southgate's permanent successor as England boss received a major blow as Greece paid tribute to George Baldock with a historic 2-1 Nations League win.
SQUAD GOALS Right now, United don't have players to score enough
WHEN Erik ten Hag returns to Carrington next week, as he is now expected to do, he will try to find an upturn in performance that could prolong his stay in the United hot seat.
Haaland lends voice to growing fears over fixture list
‘IT'S STARTING TO BECOME AN AWFUL LOT OF MATCHES' ERLING HAALAND
'Predator' raped woman on bus
A 'DANGEROUS sexual predator' raped a vulnerable woman on the top deck of an X43 bus service to Manchester city centre.
Downing Street denies Rayner security 'snub'
ANGELA Rayner has been left out of the permanent membership of the UK's National Security Council (NSC), despite being Deputy Prime Minister.
Kate's hugs and thanks for 999 workers
THE Princess of Wales delivered hugs and a heartfelt \"thank you\" to the emergency workers called to the fatal Southport stabbings after meeting the children's bereaved families.
Milton brings misery
HURRICANE Milton brought misery to a coast still ravaged by Helene as it ploughed into Florida as a Category 3 storm, pounding cities with winds of over 100mph after producing a barrage of 150 tornadoes.
Towering vision of plans for new 44-storey skyscraper
NEW BLOCK WOULD BE OPPOSITE DEANSGATE LOCKS
Rapper Aitch refuses to mind his Ps and Qs
MOSTON MUSICIAN ALWAYS WANTS TO KEEP HIS 'MANCHESTER' SOUND
YouTuber jailed over vile rant outside asylum-seeker hotel
HOMELESS FORMER CHEF STIRRED UP RACIAL HATRED WITH LIVE BROADCAST WITH AUDIENCE OF OVER 30,000
