Houses to rent in Lower Pennington, SO41, Hampshire

There are 48 results for Lower Pennington, SO41, Hampshire. Rental prices across these results range from £908 pcm to £3.7k pcm with an average price of £1.9k pcm.


Properties to rent near Lower Pennington, SO41

Dropdown arrow

Email

Be the first to know about new property listings

Save this search to be notified as soon as new listings are available.

Rental market around Lower Pennington

Average rent £2,041 pcm within 3 km · typical £1,850 pcm
Most rents £887 – £3,850 pcm within 3 km
Homes to rent 0 in Lower Pennington · 37 within 3 km
New to rent 24 in the last 30 days · within 3 km
Typical time to let 4 weeks last 12 months · within 3 km
Rents, year on year −3.4% homes newly listed · within 3 km
Gross rental yield 4.7–5.6% houses 4.7%, flats 5.6% · within 3 km

What's to rent

37 homes within 3 km of Lower Pennington · share, count and typical rent
Flats and apartments 32.4% 12 · £1.2k
Detached houses 27.0% 10 · £3.3k
Semi-detached houses 16.2% 6 · £2.3k
Terraced houses 16.2% 6 · £1.5k
Other homes 5.4% 2 · £2.5k
Bungalows 2.7% 1 · £2k

How many bedrooms

within 3 km of Lower Pennington · share, count and typical rent
1 bedroom 18.9% 7 · £890
2 bedrooms 24.3% 9 · £1.3k
3 bedrooms 37.8% 14 · £1.9k
4 bedrooms 16.2% 6 · £3.4k
5+ bedrooms 2.7% 1 · £15k

Rent bands

37 homes within 3 km of Lower Pennington
Under £1,200 pcm 18.9% 7
£1,200 – £1,600 pcm 18.9% 7
£1,600 – £2,100 pcm 21.6% 8
£2,100 – £2,800 pcm 21.6% 8
£2,800 pcm and over 18.9% 7

Houses and flats compared

HousesFlats
Share of homes to rent62%32%
Typical rent£2,100 pcm£1,223 pcm
Average bedrooms3.11.9
Typical time to let4 weeks4 weeks
Gross rental yield4.7%5.6%

Asking rents over time

typical rent of the homes first listed each quarter within 3 km of Lower Pennington · −10.0% since 2024 Q4 Median rent per quarter in Lower Pennington 2024 Q4: £1,500 pcm (84 new listings) £1,500 pcm 2024 Q4 2025 Q1: £1,400 pcm (73 new listings) £1,400 pcm 2025 Q1 2025 Q2: £1,400 pcm (77 new listings) £1,400 pcm 2025 Q2 2025 Q3: £1,350 pcm (81 new listings) £1,350 pcm 2025 Q3 2025 Q4: £1,550 pcm (80 new listings) £1,550 pcm 2025 Q4 2026 Q1: £1,400 pcm (77 new listings) £1,400 pcm 2026 Q1 2026 Q2: £1,350 pcm (80 new listings) £1,350 pcm 2026 Q2 2026 Q3: £1,350 pcm (58 new listings) £1,350 pcm 2026 Q3

Based on 37 homes to rent on Houses now, 314 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 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 37 homes to rent within 3 km. The average rent for a home within 3 km of Lower Pennington is £2,040 a month. A few very expensive homes pull that average up, so a more typical rent is £1,850 a month.

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

A typical 2-bedroom home within 3 km of Lower Pennington rents for £1,300 a month and a 3-bedroom home £1,925 a month. So the extra bedroom adds about £625 a month. 1-bedroom homes rent for around £890 a month, and 4-bedroom homes rent for about £3,375 a month.

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

Most rents within 3 km of Lower Pennington are between £885 and £3,850 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 £2,800 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 3 km there are 37, and the listings on this page include the nearest of them. 24 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Lower Pennington?

No, they are falling. Homes put up to rent within 3 km of Lower Pennington over the last 12 months were advertised at a typical £1,400 a month, 3.4% lower than the year before (£1,450 a month). By size, 1-bedroom homes are up 3% and 4-bedroom homes are up 44%.

How quickly do rental homes let in Lower Pennington?

Within 3 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 4.7% for houses. That compares typical rents with what flats and houses actually sold for within 3 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?

Flats and apartments are the most common, about a third of homes to rent within 3 km of Lower Pennington. Detached houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,225 a month, and detached houses the most expensive, at about £3,250 a month.

Are rental homes in Lower Pennington furnished?

About half of rental homes within 3 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.