Houses to rent in Penstone, EX17, Devon
There are 48 results for Penstone, EX17, Devon. Rental prices across these results range from £671 pcm to £4.3k pcm with an average price of £1.7k pcm.
Properties to rent near Penstone, EX17
3 Bedrooms
1 Bathroom
Save this search to be notified as soon as new listings are available.
Rental market around Penstone
What's to rent
518 homes within 20 km of Penstone · share, count and typical rentHow many bedrooms
within 20 km of Penstone · share, count and typical rentRent bands
518 homes within 20 km of PenstoneHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 43% | 40% |
| Typical rent | £2,860 pcm | £1,350 pcm |
| Average bedrooms | 3.8 | 2.3 |
| Typical time to let | 3 weeks | 13 days |
| Gross rental yield | 10.8% | 10.0% |
Asking rents over time
typical rent of the homes first listed each quarter within 20 km of Penstone · −11.6% since 2024 Q4Getting to know Penstone
nearest stationsBased on 518 homes to rent on Houses now, 5,919 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 Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.
Frequently asked questions about renting in Penstone
What is the average rent in Penstone?
There are no homes to rent in Penstone itself right now, so these figures cover the 518 homes to rent within 20 km. The average rent for a home within 20 km of Penstone is £2,460 a month. A few very expensive homes pull that average up, so a more typical rent is £2,100 a month.
How much is a 2 or 3 bedroom home to rent in Penstone?
A typical 2-bedroom home within 20 km of Penstone rents for £1,350 a month and a 3-bedroom home £1,885 a month. So the extra bedroom adds about £535 a month. 1-bedroom homes rent for around £950 a month, and 4-bedroom homes rent for about £3,050 a month.
What is the price range of rental homes in Penstone?
Most rents within 20 km of Penstone are between £900 and £9,000 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,200 a month, and one in five £3,600 a month or more.
How many homes are available to rent in Penstone?
There are no homes to rent in Penstone on Houses right now, plus 1 already let agreed. Within 20 km there are 518, and the listings on this page include the nearest of them. 659 new listings came onto the market within 20 km in the last 30 days.
Are rents going up in Penstone?
Yes. Homes put up to rent within 20 km of Penstone over the last 12 months were advertised at a typical £1,300 a month, 4% higher than the year before (£1,250 a month). By size, 1-bedroom homes are up 9%, 2-bedroom homes are up 2% and 4-bedroom homes are up 9%.
How quickly do rental homes let in Penstone?
Within 20 km of Penstone, most rental homes are let or taken off the market within about 2 weeks. About 66% go within the first month. Flats go faster, in 13 days against about 3 weeks for houses.
What rental yield can I get in Penstone?
About 10.8% gross for houses and 10.0% for flats. That compares typical rents with what houses and flats actually sold for within 20 km of Penstone over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in Penstone?
Flats and apartments are the most common, about 4 in 10 homes to rent within 20 km of Penstone. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,350 a month, and detached houses the most expensive, at about £3,815 a month.
Are rental homes in Penstone furnished?
About 9 in 10 rental homes within 20 km of Penstone that say so are furnished, and the rest come unfurnished.
Which train stations are in or near Penstone?
Penstone has no station of its own. The nearest are Yeoford and Copplestone.