Houses to rent in Penzance, Cornwall

There are 56 results for Penzance, Cornwall. Rental prices in Penzance range from £575 pcm to £1.2k pcm with an average price of £925 pcm.


Properties to rent in Penzance, Cornwall

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Properties to rent near Penzance

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Rental market in Penzance

Average rent £942 pcm typical £900 pcm
Most rents £663 – £1,200 pcm leaving out the extremes
Homes to rent 8 available now
New to rent 13 in the last 30 days
Typical time to let 4 weeks last 12 months
Rents, year on year +2.2% homes newly listed
Gross rental yield 4.2% typical rent vs sold price

What's to rent

11 homes · share, count and typical rent
Flats and apartments 54.5% 6 · £875
Terraced houses 27.3% 3 · £900
Other homes 18.2% 2 · £1k

How many bedrooms

share, count and typical rent
1 bedroom 27.3% 3 · £750
2 bedrooms 54.5% 6 · £900
3 bedrooms 18.2% 2 · £1.2k

Rent bands

11 homes
Under £800 pcm 18.2% 2
£800 – £900 pcm 27.3% 3
£900 – £1,000 pcm 27.3% 3
£1,000 pcm and over 27.3% 3

Asking rents over time

typical rent of the homes first listed each quarter · +15.8% since 2024 Q4 Median rent per quarter in Penzance 2024 Q4: £950 pcm (31 new listings) £950 pcm 2024 Q4 2025 Q1: £950 pcm (21 new listings) £950 pcm 2025 Q1 2025 Q2: £913 pcm (36 new listings) £913 pcm 2025 Q2 2025 Q3: £910 pcm (35 new listings) £910 pcm 2025 Q3 2025 Q4: £795 pcm (25 new listings) £795 pcm 2025 Q4 2026 Q1: £888 pcm (30 new listings) £888 pcm 2026 Q1 2026 Q2: £1,050 pcm (25 new listings) £1,050 pcm 2026 Q2 2026 Q3: £1,100 pcm (27 new listings) £1,100 pcm 2026 Q3

Getting to know Penzance

stations in Penzance

Schools in Penzance

5 primary · 2 secondary · 100% rated good or outstanding
  • Mounts Bay Academy secondary · Good
  • Humphry Davy School secondary · Good
  • Heamoor Community Primary School primary · Good
  • St Mary's Catholic School, Penzance primary · Good
  • St Mary's CofE Primary School, Penzance primary · Good
  • Alverton Primary School primary · Not yet rated

Based on 11 homes to rent on Houses now, 134 listings that left the market in the last 12 months, the asking rents of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about renting in Penzance

What is the average rent in Penzance?

The average rent for a home in Penzance is £940 a month. A typical home, the one in the middle of the range, is £900 a month. This is based on the 11 homes to rent on Houses right now.

What is the price range of rental homes in Penzance?

Most rents in Penzance are between £665 and £1,200 a month, leaving out the very cheapest and most expensive. One in five rents for less than £800 a month, and one in five £1,000 a month or more.

How many homes are available to rent in Penzance?

There are 8 homes to rent in Penzance on Houses right now. 13 new listings came onto the market in the last 30 days.

Are rents going up in Penzance?

Slightly up. Homes put up to rent in Penzance over the last 12 months were advertised at a typical £925 a month, 2.2% higher than the year before (£905 a month). By size, 1-bedroom homes are up 3% and 3-bedroom homes are up 9%.

How quickly do rental homes let in Penzance?

Most rental homes are let or taken off the market within about 4 weeks. About 56% go within the first month.

What rental yield can I get in Penzance?

Around 4.2% gross. That compares a typical rent of £900 a month with a typical sold price of £260,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Penzance?

Flats and apartments are the most common, about 5 in 10 homes to rent in Penzance. Terraced houses come next.

Are rental homes in Penzance furnished?

Only a few rental homes in Penzance that say so are furnished, and the rest come unfurnished.

What are the schools like in Penzance?

There are 5 primary and 2 secondary schools in Penzance. 100% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near Penzance?

Stations in Penzance include Penzance.