Properties to rent in ME5
Walderslade, Blue Bell Hill, Luton
There are 37 results. Rental prices in ME5 range from £939 pcm to £1.7k pcm with an average price of £1.3k pcm.
Houses and Flats to rent in ME5, Walderslade, Blue Bell Hill, Luton
2 Bedrooms
1 Bathroom
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Rental market in ME5
What's to rent
45 homes · share, count and typical rentHow many bedrooms
share, count and typical rentRent bands
45 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 76% | 18% |
| Typical rent | £1,350 pcm | £973 pcm |
| Average bedrooms | 2.6 | 1.7 |
| Typical time to let | 3 weeks | 3 weeks |
| Gross rental yield | 5.2% | 8.8% |
Asking rents over time
typical rent of the homes first listed each quarter · −3.8% since 2024 Q4Rents in and around ME5
typical rent, cheapest firstGetting to know ME5
nearest stationsSchools in ME5
12 primary · 3 secondary · 88% rated good or outstanding- St Thomas More Roman Catholic Primary School primary · Outstanding
- Chatham Grammar School for Girls secondary · Good
- Swingate Primary School primary · Good
- Tunbury Primary School primary · Good
- Oaklands School primary · Good
- Maundene School primary · Good
Based on 45 homes to rent on Houses now, 585 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 ME5
What is the average rent in ME5?
The average rent for a home in ME5 is £1,305 a month. A typical home, the one in the middle of the range, is £1,300 a month. This is based on the 45 homes to rent on Houses right now.
How much is a 2 or 3 bedroom home to rent in ME5?
A typical 2-bedroom home in ME5 rents for £1,200 a month and a 3-bedroom home £1,500 a month. So the extra bedroom adds about £300 a month. 1-bedroom homes rent for around £950 a month.
What is the price range of rental homes in ME5?
Most rents in ME5 are between £950 and £1,690 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,200 a month, and one in five £1,600 a month or more.
How many homes are available to rent in ME5?
There are 37 homes to rent in ME5 on Houses right now, plus 21 already let agreed. 53 new listings came onto the market in the last 30 days.
Are rents going up in ME5?
They are holding steady. Homes put up to rent in ME5 over the last 12 months were advertised at a typical £1,300 a month, about the same as the year before (£1,300 a month). By size, 2-bedroom homes are down 3% and 4-bedroom homes are up 6%.
How quickly do rental homes let in ME5?
Most rental homes are let or taken off the market within about 3 weeks. About 66% go within the first month.
What rental yield can I get in ME5?
About 8.8% gross for flats and 5.2% for houses. That compares typical rents with what flats and houses actually sold for in ME5 over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in ME5?
Terraced houses are the most common, about three quarters of homes to rent in ME5. Flats and apartments come next, followed by bungalows. Flats and apartments are the cheapest, at about £975 a month, and terraced houses the most expensive, at about £1,350 a month.
Where is it cheaper to rent near ME5?
Of the areas around ME5, ME1 is the cheapest, with a typical rent of £1,130 a month, followed by ME7 (£1,250 a month) and ME8 (£1,300 a month). ME5 itself is £1,300 a month.
Are rental homes in ME5 furnished?
Only a few rental homes in ME5 that say so are furnished, and the rest come unfurnished.
What are the schools like in ME5?
There are 12 primary and 3 secondary schools in ME5. 88% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.
Which train stations are in or near ME5?
ME5 has no station of its own. The nearest are Chatham, Gillingham (Kent) and Rochester.