THE average rental price of a two-bedroom house in Dunfermline is now £607 per month.

The figure, according to the report from Citylets, is still £240 less than the Scottish average of £847.

The cost of renting a one-bedroom home in West Fife is currently an average of £472 a month while the mean time it takes to let a three-bedroom home is currently 15 days with a 19 day period for a one-bedroomed house.

Letting specialists Citylets say the appeal of city living has been reignited across Scotland with new figures showing a resurgence in demand for urban homes that has pushed rents to record highs.

The average monthly rent in Scotland increased by 8.5 per cent year on year (YOY) with the average time to let (TTL) for properties standing at just 20 days.

More than a third of all properties (35 per cent) were let within a week, while 77 per cent were let within a month.

Thomas Ashdown, managing director of Citylets, said the appeal of city living had returned after the pandemic.

"Now people are back to office working, at least at some level, and seem confident there won’t be any more full lockdowns.

"The appeal of the city lights appears to have endured some extreme disruptions it would seem.”

However, he pointed out that letting agents remain concerned about the supply of available properties in the private rental sector, with many landlords continuing to sell up while the market is buoyant – or to avoid the threat of increased regulation and the costs that will bring.

He added: “It’s reassuring to see that cities are coming back to life, however rent rises of this order are likely to prove problematic for many, given the ongoing cost of living crisis.

"This is not a discretionary purchase – you have got to have somewhere to call home. More choice in the sector and indeed more widely in housing would, of course, help.”

The Citylets report for the first three months of 2022 shows demand for rental properties across Scotland exceeded supply in both rural and urban areas.

However, the number of available homes and flats was slightly higher than the historic lows reported in the last quarter of 2021.