Houses to rent in Penicuik, EH26, Midlothian

There are 52 results for Penicuik, EH26, Midlothian. Rental prices across these results range from £934 pcm to £2.4k pcm with an average price of £1.5k pcm.


Properties to rent in Penicuik, EH26, Midlothian

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Properties to rent near Penicuik, EH26

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Rental market around Penicuik

Average rent £1,613 pcm within 10 km · typical £1,450 pcm
Most rents £950 – £3,480 pcm within 10 km
Homes to rent 4 in Penicuik · 171 within 10 km
New to rent 355 in the last 30 days · within 10 km
Typical time to let 2 weeks last 12 months · within 10 km
Rents, year on year −1.8% homes newly listed · within 10 km
Gross rental yield 7.1% typical rent vs sold price · within 10 km

What's to rent

171 homes within 10 km of Penicuik · share, count and typical rent
Flats and apartments 80.7% 138 · £1.3k
Terraced houses 7.0% 12 · £1.8k
Detached houses 5.3% 9 · £1.9k
Semi-detached houses 5.3% 9 · £1.5k
Other homes 1.8% 3 · £1.3k

How many bedrooms

within 10 km of Penicuik · share, count and typical rent
1 bedroom 24.0% 41 · £1.1k
2 bedrooms 36.3% 62 · £1.3k
3 bedrooms 25.7% 44 · £1.9k
4 bedrooms 10.5% 18 · £2.5k
5+ bedrooms 3.5% 6 · £3.2k

Rent bands

171 homes within 10 km of Penicuik
Under £1,100 pcm 18.7% 32
£1,100 – £1,300 pcm 22.2% 38
£1,300 – £1,600 pcm 18.7% 32
£1,600 – £2,100 pcm 18.1% 31
£2,100 pcm and over 22.2% 38

Houses and flats compared

HousesFlats
Share of homes to rent18%81%
Typical rent£1,750 pcm£1,325 pcm
Average bedrooms3.22.2
Typical time to let3 weeks2 weeks

Asking rents over time

typical rent of the homes first listed each quarter within 10 km of Penicuik · +8.5% since 2024 Q4 Median rent per quarter in Penicuik 2024 Q4: £1,290 pcm (1,580 new listings) £1,290 pcm 2024 Q4 2025 Q1: £1,300 pcm (1,876 new listings) £1,300 pcm 2025 Q1 2025 Q2: £1,500 pcm (2,518 new listings) £1,500 pcm 2025 Q2 2025 Q3: £1,400 pcm (1,837 new listings) £1,400 pcm 2025 Q3 2025 Q4: £1,270 pcm (1,425 new listings) £1,270 pcm 2025 Q4 2026 Q1: £1,300 pcm (1,467 new listings) £1,300 pcm 2026 Q1 2026 Q2: £1,500 pcm (2,051 new listings) £1,500 pcm 2026 Q2 2026 Q3: £1,400 pcm (1,316 new listings) £1,400 pcm 2026 Q3

Based on 171 homes to rent on Houses now, 6,264 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 Penicuik

What is the average rent in Penicuik?

There are only 4 homes to rent in Penicuik itself, so these figures cover the 171 homes to rent within 10 km. The average rent for a home within 10 km of Penicuik is £1,615 a month. A few very expensive homes pull that average up, so a more typical rent is £1,450 a month.

How much is a 2 or 3 bedroom home to rent in Penicuik?

A typical 2-bedroom home within 10 km of Penicuik rents for £1,300 a month and a 3-bedroom home £1,850 a month. So the extra bedroom adds about £550 a month. 1-bedroom homes rent for around £1,050 a month, and 4-bedroom homes rent for about £2,500 a month.

What is the price range of rental homes in Penicuik?

Most rents within 10 km of Penicuik are between £950 and £3,480 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,100 a month, and one in five £2,100 a month or more.

How many homes are available to rent in Penicuik?

There are 4 homes to rent in Penicuik on Houses right now. Within 10 km there are 171, and the listings on this page include the nearest of them. 355 new listings came onto the market within 10 km in the last 30 days.

Are rents going up in Penicuik?

Slightly down. Homes put up to rent within 10 km of Penicuik over the last 12 months were advertised at a typical £1,350 a month, 1.8% lower than the year before (£1,375 a month). By size, 4-bedroom homes are up 4%.

How quickly do rental homes let in Penicuik?

Within 10 km of Penicuik, most rental homes are let or taken off the market within about 2 weeks. About 73% go within the first month. Flats go faster, in about 2 weeks against about 3 weeks for houses.

What rental yield can I get in Penicuik?

Around 7.1% gross. That compares a typical rent of £1,450 a month with a typical sold price of £245,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Penicuik?

Flats and apartments are the most common, about 8 in 10 homes to rent within 10 km of Penicuik. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £1,325 a month, and detached houses the most expensive, at about £1,850 a month.

Are rental homes in Penicuik furnished?

About 9 in 10 rental homes within 10 km of Penicuik that say so are furnished, and the rest come unfurnished.