Average rents increased by 1.6% between May and June to reach an average of £827 per calendar month - 2.1% higher than a year ago.
On a yearly basis Wales boasted faster rent growth than anywhere else. Prices increased by 7.2% in the last 12 months, although this area still remains one of the cheaper places to rent property.
The next strongest growth was recorded in the East of England where the average property was let for £872, 3.6% more than a year ago.
Only two regions saw prices fall compared to last year. The South West saw the biggest decline in rents, with the average property costing £664 in June - 2.6% less than 12 months ago.
London was the other area to see prices fall, although it remains the most expensive place to rent in England and Wales. The average rent in the capital stood at £1,277 in June, 1% lower than a year ago.
June also saw some welcome relief for landlords and property investors as yields in some areas of England and Wales showed signs of improvement.
While returns have been squeezed for some time, Your Move found the average yield improved in both the North East and the North West regions this month – although only by a small margin.
These two regions continue to offer the largest yield levels to landlords at 5.23% and 5.01% respectively.
However the majority of regions saw returns fall year-on-year, meaning it remains a mixed picture for investors when considering the survey as a whole.
The financial situation of tenants improved again in June as the proportion of renters in arrears decreased, Your Move found. The percentage of households in England and Wales in arrears was 7% in June 2017, well below the 9.6% recorded a month ago.
Richard Waind, Director, Your Move, commented: “Compared to May, rental prices have held firm or continued to increase - suggesting that recent political turmoil has had little immediate impact on renters.
“The squeezing of yields in recent times may also be showing signs of ending as landlord returns remain relatively stable with the North East and North West, in particular, performing well.”
