Houses to rent in Elgin, Moray

Frequently asked questions about renting in Elgin

What is the average rent in Elgin?

There are only 5 homes to rent in Elgin itself, so these figures cover the 10 homes to rent within 20 km. The average rent for a home within 20 km of Elgin is £900 a month. A few very expensive homes pull that average up, so a more typical rent is £775 a month.

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

A typical 2-bedroom home within 20 km of Elgin rents for £725 a month and a 3-bedroom home £850 a month. So the extra bedroom adds about £125 a month.

How many homes are available to rent in Elgin?

There are 5 homes to rent in Elgin on Houses right now. Within 20 km there are 10, and the listings on this page include the nearest of them. 39 new listings came onto the market within 20 km in the last 30 days.

Are rents going up in Elgin?

Yes. Homes put up to rent within 20 km of Elgin over the last 12 months were advertised at a typical £700 a month, 3.7% higher than the year before (£675 a month). By size, 1-bedroom homes are up 13%, 2-bedroom homes are up 4% and 3-bedroom homes are up 6%.

How quickly do rental homes let in Elgin?

Within 20 km of Elgin, most rental homes are let or taken off the market within 10 days. About 90% go within the first month. Flats go faster, in 9 days against 11 days for houses.

What rental yield can I get in Elgin?

Around 5.5% gross. That compares a typical rent of £775 a month with a typical sold price of £168,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Elgin?

Detached houses are the most common, about 4 in 10 homes to rent within 20 km of Elgin. Flats and apartments come next, followed by terraced houses.

Which train stations are in or near Elgin?

Stations in Elgin include Elgin.