THE cost of renting has jumped by more than £3,000 in just three years and is expected to rise further in 2025, according to new research.

Home search website Zoopla said renters now face an average annual cost of £15,240, up about £270 per month since the end of the Covid-19 pandemic in 2021.

The annual cost of renting has rocketed by 27 per cent since then, compared with a 19 per cent rise in average income over the same period.