Liverpool is world famous for many things, including football and music. Liverpool also has a growing visitor economy.
However, it’s also a major industrial and commercial city with employers including the port, chemicals, food processing, business and financial services, retail and motor manufacturing.
Liverpool is one of the UK’s cheapest cities for property prices and rents overall. Not all parts of the city are cheap, however. The cheapest parts of Liverpool are the L7 postcode area (part of the city centre, Edge Hill, Fairfield and Kensington) where buyers can buy a home for £131,603 on average. In the L5 postcode (Anfield and Everton) a house costs slightly more at £133,890 on average.
The cheapest part of Liverpool in which to rent a home is also the L7 area, where the average weekly rent is just £129.