Houses to rent in New Town, Luton

There are 69 results for New Town, Luton. Rental prices in New Town range from £650 pcm to £1.7k pcm with an average price of £1.3k pcm.


Properties to rent in New Town, Luton

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Properties to rent near New Town

Rental market in New Town

Average rent £1,308 pcm typical £1,300 pcm
Most rents £664 – £1,600 pcm leaving out the extremes
Homes to rent 21 13 more let agreed
New to rent 17 in the last 30 days
Typical time to let 4 weeks last 12 months
Rents, year on year −4.0% homes newly listed
Gross rental yield 6.7% typical rent vs sold price

What's to rent

22 homes · share, count and typical rent
Flats and apartments 50.0% 11 · £1.1k
Terraced houses 50.0% 11 · £1.5k

How many bedrooms

share, count and typical rent
Studio 9.1% 2 · £650
1 bedroom 18.2% 4 · £1,000
2 bedrooms 40.9% 9 · £1.3k
3 bedrooms 22.7% 5 · £1.5k
4 bedrooms 9.1% 2 · £1.6k

Rent bands

22 homes
Under £1,000 pcm 18.2% 4
£1,000 – £1,200 pcm 13.6% 3
£1,200 – £1,400 pcm 27.3% 6
£1,400 – £1,500 pcm 13.6% 3
£1,500 pcm and over 27.3% 6

Houses and flats compared

HousesFlats
Share of homes to rent50%50%
Typical rent£1,450 pcm£1,050 pcm
Average bedrooms2.71.7
Typical time to let4 weeks5 weeks

Asking rents over time

typical rent of the homes first listed each quarter · +10.9% since 2024 Q4 Median rent per quarter in New Town 2024 Q4: £1,150 pcm (73 new listings) £1,150 pcm 2024 Q4 2025 Q1: £1,300 pcm (97 new listings) £1,300 pcm 2025 Q1 2025 Q2: £1,125 pcm (76 new listings) £1,125 pcm 2025 Q2 2025 Q3: £1,300 pcm (95 new listings) £1,300 pcm 2025 Q3 2025 Q4: £1,200 pcm (87 new listings) £1,200 pcm 2025 Q4 2026 Q1: £1,250 pcm (73 new listings) £1,250 pcm 2026 Q1 2026 Q2: £1,050 pcm (72 new listings) £1,050 pcm 2026 Q2 2026 Q3: £1,275 pcm (71 new listings) £1,275 pcm 2026 Q3

Rents in and around New Town

typical rent, cheapest first
  1. Luton £1,200 pcm
  2. New Town £1,300 pcm

Schools in New Town

1 primary · 0 secondary
  • Tennyson Road Primary School primary · Not yet rated

Based on 22 homes to rent on Houses now, 318 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, Sep 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about renting in New Town

What is the average rent in New Town?

The average rent for a home in New Town is £1,310 a month. A typical home, the one in the middle of the range, is £1,300 a month. This is based on the 22 homes to rent on Houses right now.

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

A typical 2-bedroom home in New Town rents for £1,300 a month and a 3-bedroom home £1,500 a month. So the extra bedroom adds about £200 a month. 1-bedroom homes rent for around £1,000 a month.

What is the price range of rental homes in New Town?

Most rents in New Town are between £665 and £1,600 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,000 a month, and one in five £1,500 a month or more.

How many homes are available to rent in New Town?

There are 21 homes to rent in New Town on Houses right now, plus 13 already let agreed. 17 new listings came onto the market in the last 30 days.

Are rents going up in New Town?

No, they are falling. Homes put up to rent in New Town over the last 12 months were advertised at a typical £1,200 a month, 4% lower than the year before (£1,250 a month). By size, 1-bedroom homes are up 3% and 3-bedroom homes are up 3%.

How quickly do rental homes let in New Town?

Most rental homes are let or taken off the market within about 4 weeks. About 50% go within the first month. Houses go faster, in about 4 weeks against about 5 weeks for flats.

What rental yield can I get in New Town?

Around 6.7% gross. That compares a typical rent of £1,300 a month with a typical sold price of £234,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in New Town?

Flats and apartments are the most common, about half of homes to rent in New Town. Terraced houses come next. Flats and apartments are the cheapest, at about £1,050 a month, and terraced houses the most expensive, at about £1,450 a month.

Where is it cheaper to rent near New Town?

Of the areas around New Town, Luton is the cheapest, with a typical rent of £1,200 a month. New Town itself is £1,300 a month.

Are rental homes in New Town furnished?

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

What are the schools like in New Town?

There are 1 primary and 0 secondary schools in New Town.

Which train stations are in or near New Town?

New Town has no station of its own. The nearest are Luton and Luton Airport Parkway.