Houses to rent near Wallace Gardens, EH12, Edinburgh

There are 48 results for Wallace Gardens, EH12, Edinburgh. Rental prices across these results range from £958 pcm to £3.4k pcm with an average price of £1.4k pcm.


Properties to rent near Wallace Gardens, EH12

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Rental market around Wallace Gardens

Average rent £1,707 pcm within 3 km · typical £1,400 pcm
Most rents £931 – £4,425 pcm within 3 km
Homes to rent 0 in Wallace Gardens · 278 within 3 km
New to rent 466 in the last 30 days · within 3 km
Typical time to let 2 weeks last 12 months · within 3 km
Rents, year on year +5.1% homes newly listed · within 3 km
Gross rental yield 5.2% typical rent vs sold price · within 3 km

What's to rent

278 homes within 3 km of Wallace Gardens · share, count and typical rent
Flats and apartments 93.9% 261 · £1.4k
Detached houses 2.5% 7 · £2.9k
Terraced houses 1.8% 5 · £2.6k
Other homes 1.1% 3 · £1.4k
Semi-detached houses 0.7% 2 · £2.3k

How many bedrooms

within 3 km of Wallace Gardens · share, count and typical rent
Studio 2.5% 7 · £1.2k
1 bedroom 27.3% 76 · £1.1k
2 bedrooms 39.2% 109 · £1.4k
3 bedrooms 16.9% 47 · £2.1k
4 bedrooms 11.5% 32 · £932
5+ bedrooms 2.5% 7 · £4k

Rent bands

278 homes within 3 km of Wallace Gardens
Under £1,100 pcm 20.5% 57
£1,100 – £1,300 pcm 18.3% 51
£1,300 – £1,600 pcm 21.9% 61
£1,600 – £2,200 pcm 18.3% 51
£2,200 pcm and over 20.9% 58

Houses and flats compared

HousesFlats
Share of homes to rent5%94%
Typical rent£2,613 pcm£1,350 pcm
Average bedrooms3.62.1
Typical time to let3 weeks2 weeks

Asking rents over time

typical rent of the homes first listed each quarter within 3 km of Wallace Gardens · +16.5% since 2024 Q4 Median rent per quarter in Wallace Gardens 2024 Q4: £1,330 pcm (1,691 new listings) £1,330 pcm 2024 Q4 2025 Q1: £1,300 pcm (2,085 new listings) £1,300 pcm 2025 Q1 2025 Q2: £1,490 pcm (2,414 new listings) £1,490 pcm 2025 Q2 2025 Q3: £1,435 pcm (1,735 new listings) £1,435 pcm 2025 Q3 2025 Q4: £1,350 pcm (1,612 new listings) £1,350 pcm 2025 Q4 2026 Q1: £1,350 pcm (1,645 new listings) £1,350 pcm 2026 Q1 2026 Q2: £1,500 pcm (1,969 new listings) £1,500 pcm 2026 Q2 2026 Q3: £1,550 pcm (1,655 new listings) £1,550 pcm 2026 Q3

Getting to know Wallace Gardens

nearest stations

Based on 278 homes to rent on Houses now, 6,859 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 Wallace Gardens

What is the average rent in Wallace Gardens?

There are no homes to rent in Wallace Gardens itself right now, so these figures cover the 278 homes to rent within 3 km. The average rent for a home within 3 km of Wallace Gardens is £1,705 a month. A few very expensive homes pull that average up, so a more typical rent is £1,400 a month.

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

A typical 2-bedroom home within 3 km of Wallace Gardens rents for £1,400 a month and a 3-bedroom home £2,100 a month. So the extra bedroom adds about £700 a month. 1-bedroom homes rent for around £1,130 a month.

What is the price range of rental homes in Wallace Gardens?

Most rents within 3 km of Wallace Gardens are between £930 and £4,425 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 £2,200 a month or more.

How many homes are available to rent in Wallace Gardens?

There are no homes to rent in Wallace Gardens on Houses right now. Within 3 km there are 278, and the listings on this page include the nearest of them. 466 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Wallace Gardens?

Yes. Homes put up to rent within 3 km of Wallace Gardens over the last 12 months were advertised at a typical £1,450 a month, 5.1% higher than the year before (£1,380 a month). By size, 1-bedroom homes are up 5%, 2-bedroom homes are up 4% and 3-bedroom homes are up 5%.

How quickly do rental homes let in Wallace Gardens?

Within 3 km of Wallace Gardens, most rental homes are let or taken off the market within about 2 weeks. About 74% 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 Wallace Gardens?

Around 5.2% gross. That compares a typical rent of £1,400 a month with a typical sold price of £324,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Wallace Gardens?

Flats and apartments are the most common, about 9 in 10 homes to rent within 3 km of Wallace Gardens. Detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £1,350 a month, and detached houses the most expensive, at about £2,850 a month.

Are rental homes in Wallace Gardens furnished?

About 8 in 10 rental homes within 3 km of Wallace Gardens that say so are furnished, and the rest come unfurnished.

Which train stations are in or near Wallace Gardens?

Wallace Gardens has no station of its own. The nearest is Slateford.