Houses to rent in Monmouth, NP25, Monmouthshire

Frequently asked questions about renting in Monmouth

What is the average rent in Monmouth?

The average rent for a home in Monmouth is £1,015 a month. A typical home, the one in the middle of the range, is £1,000 a month. This is based on the 12 homes to rent on Houses right now.

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

A typical 2-bedroom home in Monmouth rents for £925 a month and a 3-bedroom home £1,100 a month. So the extra bedroom adds about £175 a month.

What is the price range of rental homes in Monmouth?

Most rents in Monmouth are between £875 and £1,950 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,200 a month or more.

How many homes are available to rent in Monmouth?

There are 15 homes to rent in Monmouth on Houses right now, plus 8 already let agreed. 13 new listings came onto the market in the last 30 days.

Are rents going up in Monmouth?

They are holding steady. Homes put up to rent in Monmouth over the last 12 months were advertised at a typical £1,000 a month, about the same as the year before (£1,005 a month). By size, 1-bedroom homes are up 6%, 2-bedroom homes are up 6% and 3-bedroom homes are up 4%.

How quickly do rental homes let in Monmouth?

Most rental homes are let or taken off the market within about 4 weeks. About 58% go within the first month.

What rental yield can I get in Monmouth?

Around 3.9% gross. That compares a typical rent of £1,000 a month with a typical sold price of £303,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Monmouth?

Flats and apartments are the most common, about a third of homes to rent in Monmouth. Terraced houses come next, followed by detached houses.