Houses to rent in Chinatown, Greater Manchester

Frequently asked questions about renting in Chinatown

What is the average rent in Chinatown?

There are only 6 homes to rent in Chinatown itself, so these figures cover the 2,313 homes to rent within 3 km. The average rent for a home within 3 km of Chinatown is £1,605 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 Chinatown?

A typical 2-bedroom home within 3 km of Chinatown rents for £1,475 a month and a 3-bedroom home £1,950 a month. So the extra bedroom adds about £475 a month. 1-bedroom homes rent for around £1,195 a month, and 4-bedroom homes rent for about £2,185 a month.

What is the price range of rental homes in Chinatown?

Most rents within 3 km of Chinatown are between £900 and £6,500 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 £1,800 a month or more.

How many homes are available to rent in Chinatown?

There are 6 homes to rent in Chinatown on Houses right now, plus 2 already let agreed. Within 3 km there are 2,313, and the listings on this page include the nearest of them. 2,671 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Chinatown?

Slightly up. Homes put up to rent within 3 km of Chinatown over the last 12 months were advertised at a typical £1,430 a month, 2.1% higher than the year before (£1,400 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are up 3% and 3-bedroom homes are up 4%.

How quickly do rental homes let in Chinatown?

Within 3 km of Chinatown, most rental homes are let or taken off the market within 9 days. About 73% go within the first month. Flats go faster, in 8 days against about 4 weeks for houses.

What rental yield can I get in Chinatown?

About 8.4% gross for flats and 7.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Chinatown over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Chinatown?

Flats and apartments are the most common, about 9 in 10 homes to rent within 3 km of Chinatown. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,400 a month, and detached houses the most expensive, at about £1,950 a month.

Where is it cheaper to rent near Chinatown?

Of the areas around Chinatown, Northern Quarter is the cheapest, with a typical rent of £1,400 a month, followed by NOMA (£1,700 a month) and Deansgate (£1,750 a month). Chinatown itself is £2,000 a month.

Are rental homes in Chinatown furnished?

Almost all rental homes within 3 km of Chinatown that say so are furnished, and the rest come unfurnished.

Which train stations are in or near Chinatown?

Chinatown has no station of its own. The nearest are Manchester Oxford Road, Manchester Piccadilly and Manchester Victoria.