Houses to rent in Penicuik

There are 52 results for Penicuik. Rental prices across these results range from £966 pcm to £2.8k pcm with an average price of £1.4k pcm.


Properties to rent in Penicuik

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Properties to rent near Penicuik

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Rental market around Penicuik

Average rent £1,729 pcm within 10 km · typical £1,500 pcm
Most rents £932 – £4,152 pcm within 10 km
Homes to rent 4 in Penicuik · 344 within 10 km
New to rent 753 in the last 30 days · within 10 km
Typical time to let 2 weeks last 12 months · within 10 km
Rents, year on year +3.1% homes newly listed · within 10 km
Gross rental yield 6.7% typical rent vs sold price · within 10 km

What's to rent

344 homes within 10 km of Penicuik · share, count and typical rent
Flats and apartments 87.5% 301 · £1.5k
Detached houses 4.1% 14 · £2k
Terraced houses 3.8% 13 · £1.7k
Other homes 2.3% 8 · £1.3k
Semi-detached houses 2.0% 7 · £1.5k
Bungalows 0.3% 1 · £1.4k

How many bedrooms

within 10 km of Penicuik · share, count and typical rent
Studio 1.5% 5 · £1.1k
1 bedroom 27.6% 95 · £1.2k
2 bedrooms 37.8% 130 · £1.5k
3 bedrooms 21.2% 73 · £2k
4 bedrooms 8.7% 30 · £2.5k
5+ bedrooms 3.2% 11 · £3.4k

Rent bands

344 homes within 10 km of Penicuik
Under £1,100 pcm 16.9% 58
£1,100 – £1,400 pcm 24.7% 85
£1,400 – £1,600 pcm 13.4% 46
£1,600 – £2,200 pcm 23.5% 81
£2,200 pcm and over 21.5% 74

Houses and flats compared

HousesFlats
Share of homes to rent10%88%
Typical rent£1,750 pcm£1,480 pcm
Average bedrooms3.22.1
Typical time to let3 weeks2 weeks

Asking rents over time

typical rent of the homes first listed each quarter within 10 km of Penicuik · +16.7% since 2024 Q4 Median rent per quarter in Penicuik 2024 Q4: £1,350 pcm (2,953 new listings) £1,350 pcm 2024 Q4 2025 Q1: £1,350 pcm (3,477 new listings) £1,350 pcm 2025 Q1 2025 Q2: £1,590 pcm (4,533 new listings) £1,590 pcm 2025 Q2 2025 Q3: £1,495 pcm (3,344 new listings) £1,495 pcm 2025 Q3 2025 Q4: £1,350 pcm (2,770 new listings) £1,350 pcm 2025 Q4 2026 Q1: £1,400 pcm (2,901 new listings) £1,400 pcm 2026 Q1 2026 Q2: £1,600 pcm (3,915 new listings) £1,600 pcm 2026 Q2 2026 Q3: £1,575 pcm (2,918 new listings) £1,575 pcm 2026 Q3

Rents in and around Penicuik

typical rent, cheapest first
  1. Kirknewton £925 pcm
  2. South Queensferry £1,150 pcm

Based on 344 homes to rent on Houses now, 12,466 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 Penicuik

What is the average rent in Penicuik?

There are only 4 homes to rent in Penicuik itself, so these figures cover the 344 homes to rent within 10 km. The average rent for a home within 10 km of Penicuik is £1,730 a month. A few very expensive homes pull that average up, so a more typical rent is £1,500 a month.

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

A typical 2-bedroom home within 10 km of Penicuik rents for £1,450 a month and a 3-bedroom home £2,000 a month. So the extra bedroom adds about £550 a month. 1-bedroom homes rent for around £1,150 a month, and 4-bedroom homes rent for about £2,550 a month.

What is the price range of rental homes in Penicuik?

Most rents within 10 km of Penicuik are between £930 and £4,150 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,100 a month, and one in five £2,200 a month or more.

How many homes are available to rent in Penicuik?

There are 4 homes to rent in Penicuik on Houses right now. Within 10 km there are 344, and the listings on this page include the nearest of them. 753 new listings came onto the market within 10 km in the last 30 days.

Are rents going up in Penicuik?

Yes. Homes put up to rent within 10 km of Penicuik over the last 12 months were advertised at a typical £1,495 a month, 3.1% higher than the year before (£1,450 a month). By size, 1-bedroom homes are up 2%, 2-bedroom homes are up 4% and 3-bedroom homes are up 5%.

How quickly do rental homes let in Penicuik?

Within 10 km of Penicuik, most rental homes are let or taken off the market within about 2 weeks. About 74% 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 Penicuik?

Around 6.7% gross. That compares a typical rent of £1,500 a month with a typical sold price of £267,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Penicuik?

Flats and apartments are the most common, about 9 in 10 homes to rent within 10 km of Penicuik. Detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £1,480 a month, and detached houses the most expensive, at about £1,975 a month.

Where is it cheaper to rent near Penicuik?

Of the areas around Penicuik, Kirknewton is the cheapest, with a typical rent of £925 a month, followed by South Queensferry (£1,150 a month).

Are rental homes in Penicuik furnished?

About 9 in 10 rental homes within 10 km of Penicuik that say so are furnished, and the rest come unfurnished.