Houses to rent in Penzance, Cornwall

Frequently asked questions about renting in Penzance

What is the average rent in Penzance?

There are only 6 homes to rent in Penzance itself, so these figures cover the 30 homes to rent within 20 km. The average rent for a home within 20 km of Penzance is £1,135 a month. A typical home, the one in the middle of the range, is £1,050 a month.

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

A typical 2-bedroom home within 20 km of Penzance rents for £975 a month and a 3-bedroom home £1,225 a month. So the extra bedroom adds about £250 a month. 1-bedroom homes rent for around £850 a month, and 4-bedroom homes rent for about £1,750 a month.

What is the price range of rental homes in Penzance?

Most rents within 20 km of Penzance are between £810 and £1,970 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,500 a month or more.

How many homes are available to rent in Penzance?

There are 6 homes to rent in Penzance on Houses right now. Within 20 km there are 30, and the listings on this page include the nearest of them. 46 new listings came onto the market within 20 km in the last 30 days.

Are rents going up in Penzance?

They are holding steady. Homes put up to rent within 20 km of Penzance over the last 12 months were advertised at a typical £1,100 a month, about the same as the year before (£1,100 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are up 2% and 4-bedroom homes are down 9%.

How quickly do rental homes let in Penzance?

Within 20 km of Penzance, most rental homes are let or taken off the market within about 5 weeks. About 45% go within the first month.

What rental yield can I get in Penzance?

About 6.0% gross for flats and 5.2% for houses. That compares typical rents with what flats and houses actually sold for within 20 km of Penzance over the last year. 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 half of homes to rent within 20 km of Penzance. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £900 a month, and terraced houses the most expensive, at about £1,200 a month.

Are rental homes in Penzance furnished?

About 1 in 10 rental homes within 20 km of 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.