Houses to rent in Milton Keynes

Frequently asked questions about renting in Milton Keynes

What is the average rent in Milton Keynes?

The average rent for a home in Milton Keynes is £1,570 a month. A few very expensive homes pull that average up, so a more typical rent is £1,450 a month. This is based on the 627 homes to rent on Houses right now.

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

A typical 2-bedroom home in Milton Keynes rents for £1,350 a month and a 3-bedroom home £1,650 a month. So the extra bedroom adds about £300 a month. 1-bedroom homes rent for around £1,200 a month, and 4-bedroom homes rent for about £2,000 a month.

What is the price range of rental homes in Milton Keynes?

Most rents in Milton Keynes are between £995 and £3,935 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 £1,900 a month or more.

How many homes are available to rent in Milton Keynes?

There are 612 homes to rent in Milton Keynes on Houses right now, plus 225 already let agreed. 762 new listings came onto the market in the last 30 days.

Are rents going up in Milton Keynes?

Yes. Homes put up to rent in Milton Keynes over the last 12 months were advertised at a typical £1,450 a month, 3.6% higher than the year before (£1,400 a month). By size, 2-bedroom homes are up 4% and 4-bedroom homes are up 3%.

How quickly do rental homes let in Milton Keynes?

Most rental homes are let or taken off the market within about 2 weeks. About 68% 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 Milton Keynes?

About 8.9% gross for flats and 5.6% for houses. That compares typical rents with what flats and houses actually sold for in Milton Keynes over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Milton Keynes?

Flats and apartments are the most common, about half of homes to rent in Milton Keynes. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,300 a month, and detached houses the most expensive, at about £2,085 a month.

Where is it cheaper to rent near Milton Keynes?

Of the areas around Milton Keynes, Earls Barton is the cheapest, with a typical rent of £1,100 a month, followed by Denton (£1,100 a month) and Harrold (£1,300 a month). Milton Keynes itself is £1,450 a month.

Are rental homes in Milton Keynes furnished?

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

What are the schools like in Milton Keynes?

There are 85 primary and 11 secondary schools in Milton Keynes. 91% of those inspected by Ofsted were rated good or outstanding, and 18 were outstanding.

Which train stations are in or near Milton Keynes?

Stations in Milton Keynes include Milton Keynes Central, Wolverton, Fenny Stratford and Bow Brickhill.