Houses to rent in Midlands

Frequently asked questions about renting in Midlands

What is the average rent in Midlands?

The average rent for a home in Midlands is £1,545 a month. A few very expensive homes pull that average up, so a more typical rent is £1,250 a month. This is based on the 26,432 homes to rent on Houses right now.

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

A typical 2-bedroom home in Midlands rents for £1,200 a month and a 3-bedroom home £1,375 a month. So the extra bedroom adds about £175 a month. 1-bedroom homes rent for around £900 a month, and 4-bedroom homes rent for about £2,000 a month.

What is the price range of rental homes in Midlands?

Most rents in Midlands are between £650 and £7,250 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £2,000 a month or more.

How many homes are available to rent in Midlands?

There are 26,432 homes to rent in Midlands on Houses right now, plus 7,725 already let agreed. 27,260 new listings came onto the market in the last 30 days.

Are rents going up in Midlands?

Slightly up. Homes put up to rent in Midlands over the last 12 months were advertised at a typical £1,225 a month, 2.1% higher than the year before (£1,200 a month). By size, 1-bedroom homes are up 5%, 2-bedroom homes are up 4% and 3-bedroom homes are up 2%.

How quickly do rental homes let in Midlands?

Most rental homes are let or taken off the market within about 3 weeks. About 64% go within the first month. Flats go faster, in about 2 weeks against about 3 weeks for houses.

What rental yield can I get in Midlands?

About 7.9% gross for flats and 5.8% for houses. That compares typical rents with what flats and houses actually sold for in Midlands over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Midlands?

Flats and apartments are the most common, about half of homes to rent in Midlands. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,100 a month, and detached houses the most expensive, at about £1,975 a month.

Where is it cheaper to rent near Midlands?

Of the areas around Midlands, Batchley is the cheapest, with a typical rent of £1,000 a month, followed by Longbridge (£1,200 a month). Midlands itself is £1,250 a month.

Are rental homes in Midlands furnished?

About 6 in 10 rental homes in Midlands that say so are furnished, and the rest come unfurnished.

What are the schools like in Midlands?

There are 4,557 primary and 930 secondary schools in Midlands. 88% of those inspected by Ofsted were rated good or outstanding, and 753 were outstanding.

Which train stations are in or near Midlands?

Stations in Midlands include Widney Manor, Solihull, Dorridge and Olton.