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30th percentile of rents for a two bedroom property (22301) Metric type
- Help text
- This is the weekly rent at the 30th percentile for a dwelling where the tenant has the use of only two bedrooms. These are the category C rates relevant to housing benefit claims administered by local authorities, for tenants renting from private landlords. Local Housing Allowance (LHA) is not applicable to those outside of the private rented sector. The '30th percentile’ rent describes the cost of renting one of the cheaper homes in an area. This means taking 100 homes in an area, and lining them up from cheapest to most expensive, the cost of renting the home that is 30th from the bottom would be the 30th percentile rent. It means that LHA will cover the rents of up to three in every 10 homes in an area.
LHA rates depend on the Broad Rental Market Areas (BRMA) where the claim made. A BRMA is an area within which a person could reasonably be expected to live taking into account access to facilities and services containing a variety of residential lettings.
The Valuation Office Agency (VOA) Rent Officers collect rental information from letting agents, landlords, tenants and other sources, in the 12 month period ending 30 September. LHA rates are based on private market rents being paid in the BRMA, which can differ from advertised rents.
BRMAs may span multiple local authorities. Where applicable the BRMA value for the location of the main council offices will be used. This means the LHA rate may be higher in some wards than is shown. National and regional figures are not published.
- Modified
- 25 Jan 2024
- Data last updated
- 31 Jan 2024
- Short label
- 30th percentile of rents for 2 bed property
- Status
- Live
- Output precision
- 2
- Polarity
- not applicable
- Measure
- 30th Percentile
- Dataset
- Weekly rate
- Collection
- Local Housing Allowance (LHA) rates
- Source
- Valuation Office Agency
- is found in the following lists
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