Follow us On: Regional Level Rental Index Summary North East is the cheapest region (£577) and London (£1,840) and South East (£1,106) are the most expensive regions. Aside from London, the rates of rent annual increase across all the regions is around (2% – 3%) East Midlands has the highest year on year rent increase (3.2%) London is the only region that has a decrease in the rents from last year (-4.2%) and last month (-0.3%) Table of Contents Regional Level Rental Index Summary Regional Level Rental Index Regional Level Rental Index Time Series