Houses to rent in Luton

Frequently asked questions about renting in Luton

What is the average rent in Luton?

The average rent for a home in Luton is £1,285 a month. A typical home, the one in the middle of the range, is £1,200 a month. This is based on the 605 homes to rent on Houses right now.

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

A typical 2-bedroom home in Luton rents for £1,300 a month and a 3-bedroom home £1,600 a month. So the extra bedroom adds about £300 a month. 1-bedroom homes rent for around £975 a month, and 4-bedroom homes rent for about £2,000 a month.

What is the price range of rental homes in Luton?

Most rents in Luton are between £650 and £3,745 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,600 a month or more.

How many homes are available to rent in Luton?

There are 600 homes to rent in Luton on Houses right now, plus 151 already let agreed. 453 new listings came onto the market in the last 30 days.

Are rents going up in Luton?

They are holding steady. Homes put up to rent in Luton over the last 12 months were advertised at a typical £1,200 a month, about the same as the year before (£1,200 a month). By size, 2-bedroom homes are up 4% and 4-bedroom homes are up 3%.

How quickly do rental homes let in Luton?

Most rental homes are let or taken off the market within about 4 weeks. About 56% go within the first month. Houses go faster, in about 3 weeks against about 4 weeks for flats.

What rental yield can I get in Luton?

About 7.4% gross for flats and 6.0% for houses. That compares typical rents with what flats and houses actually sold for in Luton over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Luton?

Flats and apartments are the most common, about 6 in 10 homes to rent in Luton. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,000 a month, and bungalows the most expensive, at about £2,150 a month.

Where is it cheaper to rent near Luton?

Of the areas around Luton, New Town is the cheapest, with a typical rent of £1,265 a month. Luton itself is £1,200 a month.

Are rental homes in Luton furnished?

About 4 in 10 rental homes in Luton that say so are furnished, and the rest come unfurnished.

What are the schools like in Luton?

There are 49 primary and 12 secondary schools in Luton. 88% of those inspected by Ofsted were rated good or outstanding, and 9 were outstanding.

Which train stations are in or near Luton?

Stations in Luton include Luton, Leagrave and Luton Airport Parkway.