Not everyone is in a position to buy their own home – and not everyone wants to.
More and more people rent their homes these days, and here in Essex rent prices can be very high.
But not all areas are as high as others and you can find some more affordable areas across the county.
The Office for National Statistics (ONS) has published rental data for 2020, meaning we’re able to see where the rental hotspots are across Essex.
For the county as a whole – not including the unitary authorities of Thurrock or Southend-on-Sea – the average rental price is £944 a month.
But as the latest data shows, that price can vary wildly depending on where in the county you live.
Out of all of Essex’s districts, Tendring has the cheapest average rent prices, at just £746 a month.
Tendring encompasses a number of coastal towns in the north-east of the county, including Clacton-on-Sea, Walton-on-the-Naze, Manningtree and Harwich.
Tendring normally has amongst the cheapest house prices too, so it’s not a surprise that their renting figures are also low.
Much of this is down to location, with many parts of Tendring many miles away from the nearest big town – Colchester.
It’s also the furthest you can be from the capital, making it an unfavourable choice for city commuters.
Many areas also appear highly on the national deprivation index, with Jaywick being the most deprived area in the country.
But, the seaside brings charm, and some areas like Frinton-on-Sea can bring high price tags too.
The second cheapest place to rent in Essex is Tendring’s next-door neighbour Colchester, where the average rent price is a respectable £805 a month.
The housing market has exploded in Colchester in recent years, and with road links to Chelmsford, Ipswich and the capital via the A12, it’s no wonder its a desirable area.
The district encompasses the ancient town of Colchester, as well as West Mersea, Tiptree and Wivenhoe.
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The third cheapest place to live is another district west – Braintree.
The ruralness of these districts undoubtedly lend to low rent prices, considering how many young professionals rent instead of buy.
Braintree contains the towns of Braintree and Witham as well as villages like Black Notley and Silver End.
The average rent price here is £836 a month.
Here are the top seven cheapest areas to rent in Essex.
- Tendring (£746 a month)
- Colchester (£805 a month)
- Braintree (£836 a month)
- Southend-on-Sea (£864 a month)
- Maldon (£970 a month)
- Chelmsford (£974 a month)
- Castle Point (£977 a month)