Houses to rent near Malvern Road, LU1, Luton

Frequently asked questions about renting in Malvern Road

What is the average rent in Malvern Road?

There are only 4 homes to rent in Malvern Road itself, so these figures cover the 507 homes to rent within 3 km. The average rent for a home within 3 km of Malvern Road is £1,230 a month. A typical home, the one in the middle of the range, is £1,195 a month.

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

A typical 2-bedroom home within 3 km of Malvern Road 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 £1,865 a month.

What is the price range of rental homes in Malvern Road?

Most rents within 3 km of Malvern Road are between £650 and £3,615 a month, leaving out the very cheapest and most expensive. One in five rents for less than £880 a month, and one in five £1,600 a month or more.

How many homes are available to rent in Malvern Road?

There are 4 homes to rent in Malvern Road on Houses right now. Within 3 km there are 507, and the listings on this page include the nearest of them. 379 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Malvern Road?

Slightly up. Homes put up to rent within 3 km of Malvern Road over the last 12 months were advertised at a typical £1,175 a month, 2.2% higher than the year before (£1,150 a month). By size, 4-bedroom homes are up 3%.

How quickly do rental homes let in Malvern Road?

Within 3 km of Malvern Road, most rental homes are let or taken off the market within about 4 weeks. About 55% 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 Malvern Road?

About 7.5% gross for flats and 5.9% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Malvern Road over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Malvern Road?

Flats and apartments are the most common, about 7 in 10 homes to rent within 3 km of Malvern Road. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,000 a month, and detached houses the most expensive, at about £1,875 a month.

Where is it cheaper to rent near Malvern Road?

Of the areas around Malvern Road, Ashburnham Road is the cheapest, with a typical rent of £975 a month, followed by Dallow Road (£1,200 a month).

Are rental homes in Malvern Road furnished?

About half of rental homes within 3 km of Malvern Road that say so are furnished, and the rest come unfurnished.

Which train stations are in or near Malvern Road?

Malvern Road has no station of its own. The nearest is Luton.