Houses to rent in Leicester

Frequently asked questions about renting in Leicester

What is the average rent in Leicester?

The average rent for a home in Leicester is £1,080 a month. A few very expensive homes pull that average up, so a more typical rent is £950 a month. This is based on the 1,365 homes to rent on Houses right now.

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

A typical 2-bedroom home in Leicester rents for £995 a month and a 3-bedroom home £1,200 a month. So the extra bedroom adds about £205 a month. 1-bedroom homes rent for around £775 a month, and 4-bedroom homes rent for about £1,500 a month.

What is the price range of rental homes in Leicester?

Most rents in Leicester are between £565 and £3,040 a month, leaving out the very cheapest and most expensive. One in five rents for less than £740 a month, and one in five £1,300 a month or more.

How many homes are available to rent in Leicester?

There are 1,480 homes to rent in Leicester on Houses right now, plus 179 already let agreed. 1,053 new listings came onto the market in the last 30 days.

Are rents going up in Leicester?

They are holding steady. Homes put up to rent in Leicester over the last 12 months were advertised at a typical £975 a month, 0.7% higher than the year before (£970 a month). By size, 1-bedroom homes are up 3% and 2-bedroom homes are up 2%.

How quickly do rental homes let in Leicester?

Most rental homes are let or taken off the market within about 3 weeks. About 58% go within the first month. Flats go faster, in about 3 weeks against about 4 weeks for houses.

What rental yield can I get in Leicester?

About 8.0% gross for flats and 5.6% for houses. That compares typical rents with what flats and houses actually sold for in Leicester over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Leicester?

Flats and apartments are the most common, about 6 in 10 homes to rent in Leicester. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £825 a month, and detached houses the most expensive, at about £1,400 a month.

Where is it cheaper to rent near Leicester?

Of the areas around Leicester, Frog Island is the cheapest, with a typical rent of £1,075 a month. Leicester itself is £950 a month.

Are rental homes in Leicester furnished?

About 6 in 10 rental homes in Leicester that say so are furnished, and the rest come unfurnished.

What are the schools like in Leicester?

There are 81 primary and 15 secondary schools in Leicester. 85% of those inspected by Ofsted were rated good or outstanding, and 10 were outstanding.

Which train stations are in or near Leicester?

Stations in Leicester include Leicester.