Houses to rent in Lower Pennington, SO41, Hampshire

There are 48 results for Lower Pennington, SO41, Hampshire. Rental prices across these results range from £992 pcm to £3.7k pcm with an average price of £1.9k pcm.


Properties to rent near Lower Pennington, SO41

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Rental market around Lower Pennington

Average rent £1,999 pcm within 5 km · typical £2,000 pcm
Most rents £994 – £3,400 pcm within 5 km
Homes to rent 0 in Lower Pennington · 36 within 5 km
New to rent 27 in the last 30 days · within 5 km
Typical time to let 4 weeks last 12 months · within 5 km
Rents, year on year no change homes newly listed · within 5 km
Gross rental yield 4.8–5.6% houses 4.8%, flats 5.6% · within 5 km

What's to rent

36 homes within 5 km of Lower Pennington · share, count and typical rent
Detached houses 36.1% 13 · £2.6k
Flats and apartments 30.6% 11 · £1.3k
Other homes 11.1% 4 · £2.4k
Terraced houses 11.1% 4 · £1.6k
Semi-detached houses 8.3% 3 · £1.9k
Bungalows 2.8% 1 · £2.2k

How many bedrooms

within 5 km of Lower Pennington · share, count and typical rent
1 bedroom 19.4% 7 · £1.2k
2 bedrooms 27.8% 10 · £1.3k
3 bedrooms 30.6% 11 · £2k
4 bedrooms 19.4% 7 · £3.3k
5+ bedrooms 2.8% 1 · £3k

Rent bands

36 homes within 5 km of Lower Pennington
Under £1,300 pcm 22.2% 8
£1,300 – £1,800 pcm 16.7% 6
£1,800 – £2,200 pcm 13.9% 5
£2,200 – £2,600 pcm 30.6% 11
£2,600 pcm and over 16.7% 6

Houses and flats compared

HousesFlats
Share of homes to rent58%31%
Typical rent£2,200 pcm£1,295 pcm
Average bedrooms3.21.9
Typical time to let4 weeks4 weeks
Gross rental yield4.8%5.6%

Asking rents over time

typical rent of the homes first listed each quarter within 5 km of Lower Pennington · −6.7% since 2024 Q4 Median rent per quarter in Lower Pennington 2024 Q4: £1,500 pcm (104 new listings) £1,500 pcm 2024 Q4 2025 Q1: £1,400 pcm (98 new listings) £1,400 pcm 2025 Q1 2025 Q2: £1,450 pcm (98 new listings) £1,450 pcm 2025 Q2 2025 Q3: £1,473 pcm (98 new listings) £1,473 pcm 2025 Q3 2025 Q4: £1,525 pcm (96 new listings) £1,525 pcm 2025 Q4 2026 Q1: £1,438 pcm (90 new listings) £1,438 pcm 2026 Q1 2026 Q2: £1,400 pcm (103 new listings) £1,400 pcm 2026 Q2 2026 Q3: £1,400 pcm (69 new listings) £1,400 pcm 2026 Q3

Based on 36 homes to rent on Houses now, 384 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 Lower Pennington

What is the average rent in Lower Pennington?

There are no homes to rent in Lower Pennington itself right now, so these figures cover the 36 homes to rent within 5 km. The average rent for a home within 5 km of Lower Pennington is £2,000 a month. A typical home, the one in the middle of the range, is £2,000 a month.

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

A typical 2-bedroom home within 5 km of Lower Pennington rents for £1,350 a month and a 3-bedroom home £2,000 a month. So the extra bedroom adds about £655 a month. 1-bedroom homes rent for around £1,200 a month, and 4-bedroom homes rent for about £3,250 a month.

What is the price range of rental homes in Lower Pennington?

Most rents within 5 km of Lower Pennington are between £995 and £3,400 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,300 a month, and one in five £2,600 a month or more.

How many homes are available to rent in Lower Pennington?

There are no homes to rent in Lower Pennington on Houses right now. Within 5 km there are 36, and the listings on this page include the nearest of them. 27 new listings came onto the market within 5 km in the last 30 days.

Are rents going up in Lower Pennington?

They are holding steady. Homes put up to rent within 5 km of Lower Pennington over the last 12 months were advertised at a typical £1,450 a month, about the same as the year before (£1,450 a month). By size, 1-bedroom homes are up 5%, 3-bedroom homes are down 3% and 4-bedroom homes are up 13%.

How quickly do rental homes let in Lower Pennington?

Within 5 km of Lower Pennington, most rental homes are let or taken off the market within about 4 weeks. About 53% go within the first month.

What rental yield can I get in Lower Pennington?

About 5.6% gross for flats and 4.8% for houses. That compares typical rents with what flats and houses actually sold for within 5 km of Lower Pennington over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Lower Pennington?

Detached houses are the most common, about 4 in 10 homes to rent within 5 km of Lower Pennington. Flats and apartments come next, followed by terraced houses. Flats and apartments are the cheapest, at about £1,295 a month, and detached houses the most expensive, at about £2,550 a month.

Are rental homes in Lower Pennington furnished?

About half of rental homes within 5 km of Lower Pennington that say so are furnished, and the rest come unfurnished.

Which train stations are in or near Lower Pennington?

Lower Pennington has no station of its own. The nearest are Lymington Town and Lymington Pier.