Houses to rent in Isle of Wight

Frequently asked questions about renting in Isle of Wight

What is the average rent in Isle of Wight?

The average rent for a home in Isle of Wight is £1,120 a month. A few very expensive homes pull that average up, so a more typical rent is £1,000 a month. This is based on the 183 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in Isle of Wight?

A typical 2-bedroom home in Isle of Wight rents for £950 a month and a 3-bedroom home £1,400 a month. So the extra bedroom adds about £450 a month. 1-bedroom homes rent for around £775 a month, and 4-bedroom homes rent for about £1,650 a month.

What is the price range of rental homes in Isle of Wight?

Most rents in Isle of Wight are between £725 and £2,305 a month, leaving out the very cheapest and most expensive. One in five rents for less than £820 a month, and one in five £1,400 a month or more.

How many homes are available to rent in Isle of Wight?

There are 138 homes to rent in Isle of Wight on Houses right now, plus 77 already let agreed. 142 new listings came onto the market in the last 30 days.

Are rents going up in Isle of Wight?

They are holding steady. Homes put up to rent in Isle of Wight over the last 12 months were advertised at a typical £950 a month, about the same as the year before (£950 a month). By size, 1-bedroom homes are up 4%, 2-bedroom homes are down 3% and 3-bedroom homes are up 4%.

How quickly do rental homes let in Isle of Wight?

Most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month.

What rental yield can I get in Isle of Wight?

About 7.2% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in Isle of Wight over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Isle of Wight?

Flats and apartments are the most common, about half of homes to rent in Isle of Wight. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £875 a month, and detached houses the most expensive, at about £1,650 a month.

Where is it cheaper to rent near Isle of Wight?

Of the areas around Isle of Wight, West Sussex is the cheapest, with a typical rent of £1,400 a month, followed by Hampshire (£1,425 a month) and West Berkshire (£1,545 a month). Isle of Wight itself is £1,000 a month.

Are rental homes in Isle of Wight furnished?

About a third of rental homes in Isle of Wight that say so are furnished, and the rest come unfurnished.

What are the schools like in Isle of Wight?

There are 40 primary and 6 secondary schools in Isle of Wight. 74% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near Isle of Wight?

Stations in Isle of Wight include Shanklin, Lake, Sandown and Smallbrook Junction.