Houses to rent in Park Town, LU1, Luton
There are 34 results for Park Town, LU1, Luton. Rental prices in Park Town, LU1 range from £627 pcm to £1.5k pcm with an average price of £972 pcm.
Properties to rent in Park Town, LU1, Luton
1 Bathroom
3 Bedrooms
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Rental market in Park Town
What's to rent
36 homes · share, count and typical rentHow many bedrooms
share, count and typical rentRent bands
36 homesAsking rents over time
typical rent of the homes first listed each quarter · +2.6% since 2024 Q4Rents in and around Park Town
typical rent, cheapest first- Park Town £963 pcm
- Dallow £1,000 pcm
- New Town £1,300 pcm
- Round Green £1,325 pcm
- Hart Hill £1,509 pcm
- Stopsley £1,675 pcm
Getting to know Park Town
nearest stationsSchools in Park Town
1 primary · 0 secondary · 0% rated good or outstanding- The Linden Academy primary · Requires improvement
Based on 36 homes to rent on Houses now, 369 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, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently asked questions about renting in Park Town
What is the average rent in Park Town?
The average rent for a home in Park Town is £990 a month. A typical home, the one in the middle of the range, is £965 a month. This is based on the 36 homes to rent on Houses right now.
How much is a 2 or 3 bedroom home to rent in Park Town?
A typical 2-bedroom home in Park Town rents for £1,275 a month and a 3-bedroom home £1,500 a month. So the extra bedroom adds about £225 a month. 1-bedroom homes rent for around £975 a month.
What is the price range of rental homes in Park Town?
Most rents in Park Town are between £630 and £1,465 a month, leaving out the very cheapest and most expensive. One in five rents for less than £720 a month, and one in five £1,300 a month or more.
How many homes are available to rent in Park Town?
There are 34 homes to rent in Park Town on Houses right now, plus 7 already let agreed. 18 new listings came onto the market in the last 30 days.
Are rents going up in Park Town?
Yes. Homes put up to rent in Park Town over the last 12 months were advertised at a typical £1,000 a month, 5.3% higher than the year before (£950 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are down 4% and 3-bedroom homes are up 7%.
How quickly do rental homes let in Park 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 3 weeks against about 4 weeks for flats.
What rental yield can I get in Park Town?
Around 4.9% gross. That compares a typical rent of £965 a month with a typical sold price of £238,000. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in Park Town?
Flats and apartments are the most common, about 9 in 10 homes to rent in Park Town. Terraced houses come next.
Where is it cheaper to rent near Park Town?
Of the areas around Park Town, Dallow is the cheapest, with a typical rent of £1,000 a month, followed by New Town (£1,300 a month) and Round Green (£1,325 a month). Park Town itself is £965 a month.
Are rental homes in Park Town furnished?
About 6 in 10 rental homes in Park Town that say so are furnished, and the rest come unfurnished.
What are the schools like in Park Town?
There are 1 primary and 0 secondary schools in Park Town.
Which train stations are in or near Park Town?
Park Town has no station of its own. The nearest are Luton and Luton Airport Parkway.