Houses to rent in Derby

Frequently asked questions about renting in Derby

What is the average rent in Derby?

The average rent for a home in Derby is £970 a month. A few very expensive homes pull that average up, so a more typical rent is £875 a month. This is based on the 562 homes to rent on Houses right now.

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

A typical 2-bedroom home in Derby rents for £950 a month and a 3-bedroom home £1,250 a month. So the extra bedroom adds about £300 a month. 1-bedroom homes rent for around £740 a month, and 4-bedroom homes rent for about £1,450 a month.

What is the price range of rental homes in Derby?

Most rents in Derby are between £515 and £2,450 a month, leaving out the very cheapest and most expensive. One in five rents for less than £700 a month, and one in five £1,200 a month or more.

How many homes are available to rent in Derby?

There are 678 homes to rent in Derby on Houses right now, plus 269 already let agreed. 594 new listings came onto the market in the last 30 days.

Are rents going up in Derby?

Yes. Homes put up to rent in Derby over the last 12 months were advertised at a typical £900 a month, 5.9% higher than the year before (£850 a month). By size, 1-bedroom homes are up 3%, 3-bedroom homes are up 5% and 4-bedroom homes are up 3%.

How quickly do rental homes let in Derby?

Most rental homes are let or taken off the market within about 4 weeks. About 52% go within the first month. Houses go faster, in about 3 weeks against about 5 weeks for flats.

What rental yield can I get in Derby?

About 8.2% gross for flats and 6.1% for houses. That compares typical rents with what flats and houses actually sold for in Derby over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Derby?

Flats and apartments are the most common, about 6 in 10 homes to rent in Derby. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £785 a month, and detached houses the most expensive, at about £1,300 a month.

Where is it cheaper to rent near Derby?

Of the areas around Derby, Rose Hill is the cheapest, with a typical rent of £725 a month, followed by Litchurch (£900 a month). Derby itself is £875 a month.

Are rental homes in Derby furnished?

About 8 in 10 rental homes in Derby that say so are furnished, and the rest come unfurnished.

What are the schools like in Derby?

There are 55 primary and 13 secondary schools in Derby. 82% of those inspected by Ofsted were rated good or outstanding, and 8 were outstanding.

Which train stations are in or near Derby?

Stations in Derby include Derby, Peartree and Spondon.