Houses to rent in Red Rails, LU1, Luton
There are 48 results for Red Rails, LU1, Luton. Rental prices across these results range from £625 pcm to £1.8k pcm with an average price of £1.2k pcm.
Properties to rent near Red Rails, LU1
3 Bedrooms
2 Bathrooms
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Rental market around Red Rails
What's to rent
445 homes within 3 km of Red Rails · share, count and typical rentHow many bedrooms
within 3 km of Red Rails · share, count and typical rentRent bands
445 homes within 3 km of Red RailsHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 24% | 71% |
| Typical rent | £1,600 pcm | £1,000 pcm |
| Average bedrooms | 3.1 | 1.5 |
| Typical time to let | 3 weeks | 4 weeks |
| Gross rental yield | 6.0% | 7.5% |
Asking rents over time
typical rent of the homes first listed each quarter within 3 km of Red Rails · +2.1% since 2024 Q4Getting to know Red Rails
nearest stationsBased on 445 homes to rent on Houses now, 4,780 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 Red Rails
What is the average rent in Red Rails?
There are no homes to rent in Red Rails itself right now, so these figures cover the 445 homes to rent within 3 km. The average rent for a home within 3 km of Red Rails is £1,225 a month. A typical home, the one in the middle of the range, is £1,190 a month.
How much is a 2 or 3 bedroom home to rent in Red Rails?
A typical 2-bedroom home within 3 km of Red Rails 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 £995 a month, and 4-bedroom homes rent for about £1,825 a month.
What is the price range of rental homes in Red Rails?
Most rents within 3 km of Red Rails are between £650 and £3,300 a month, leaving out the very cheapest and most expensive. One in five rents for less than £880 a month, and one in five £1,500 a month or more.
How many homes are available to rent in Red Rails?
There are no homes to rent in Red Rails on Houses right now. Within 3 km there are 445, and the listings on this page include the nearest of them. 326 new listings came onto the market within 3 km in the last 30 days.
Are rents going up in Red Rails?
Slightly up. Homes put up to rent within 3 km of Red Rails over the last 12 months were advertised at a typical £1,150 a month, 2.2% higher than the year before (£1,125 a month). By size, 4-bedroom homes are up 6%.
How quickly do rental homes let in Red Rails?
Within 3 km of Red Rails, 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 Red Rails?
About 7.5% gross for flats and 6.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Red Rails over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in Red Rails?
Flats and apartments are the most common, about 7 in 10 homes to rent within 3 km of Red Rails. 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 £2,350 a month.
Are rental homes in Red Rails furnished?
About half of rental homes within 3 km of Red Rails that say so are furnished, and the rest come unfurnished.
Which train stations are in or near Red Rails?
Red Rails has no station of its own. The nearest are Luton and Luton Airport Parkway.