Houses to rent in Penicuik

There are 53 results for Penicuik. Rental prices in Penicuik range from £1.2k pcm to £2.2k pcm with an average price of £1.7k 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 £1,739 pcm within 10 km · typical £1,475 pcm
Most rents £931 – £4,630 pcm within 10 km
Homes to rent 5 in Penicuik · 540 within 10 km
New to rent 676 in the last 30 days · within 10 km
Typical time to let 2 weeks last 12 months · within 10 km
Rents, year on year +3.4% homes newly listed · within 10 km
Gross rental yield 6.7% typical rent vs sold price · within 10 km

What's to rent

540 homes within 10 km of Penicuik · share, count and typical rent
Flats and apartments 83.7% 452 · £1.5k
Terraced houses 5.4% 29 · £1.7k
Detached houses 4.3% 23 · £2.2k
Semi-detached houses 3.9% 21 · £1.5k
Other homes 2.4% 13 · £1.4k
Park and mobile homes 0.2% 1 · £882
Land and plots 0.2% 1 · £800

How many bedrooms

within 10 km of Penicuik · share, count and typical rent
Studio 1.7% 9 · £950
1 bedroom 25.6% 138 · £1.1k
2 bedrooms 36.5% 197 · £1.5k
3 bedrooms 20.9% 113 · £2k
4 bedrooms 12.0% 65 · £2.2k
5+ bedrooms 3.3% 18 · £3.5k

Rent bands

540 homes within 10 km of Penicuik
Under £1,100 pcm 19.6% 106
£1,100 – £1,400 pcm 23.0% 124
£1,400 – £1,600 pcm 14.1% 76
£1,600 – £2,200 pcm 21.9% 118
£2,200 pcm and over 21.5% 116

Houses and flats compared

HousesFlats
Share of homes to rent14%84%
Typical rent£1,750 pcm£1,450 pcm
Average bedrooms3.12.2
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 (3,475 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 (3,342 new listings) £1,495 pcm 2025 Q3 2025 Q4: £1,350 pcm (2,768 new listings) £1,350 pcm 2025 Q4 2026 Q1: £1,400 pcm (2,902 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 (2,907 new listings) £1,575 pcm 2026 Q3

Rents in and around Penicuik

typical rent, cheapest first
  1. Kirknewton £975 pcm
  2. South Queensferry £1,260 pcm
  3. Penicuik £1,488 pcm

Based on 540 homes to rent on Houses now, 12,339 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 November 2026.

Frequently asked questions about renting in Penicuik

What is the average rent in Penicuik?

There are only 5 homes to rent in Penicuik itself, so these figures cover the 540 homes to rent within 10 km. The average rent for a home within 10 km of Penicuik is £1,740 a month. A few very expensive homes pull that average up, so a more typical rent is £1,475 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 £1,100 a month, and 4-bedroom homes rent for about £2,200 a month.

What is the price range of rental homes in Penicuik?

Most rents within 10 km of Penicuik are between £930 and £4,630 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 5 homes to rent in Penicuik on Houses right now, plus 1 already let agreed. Within 10 km there are 540, and the listings on this page include the nearest of them. 676 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 £1,500 a month, 3.4% higher than the year before (£1,450 a month). By size, 2-bedroom homes are up 4%, 3-bedroom homes are up 5% and 4-bedroom homes are up 4%.

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 73% 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 £1,475 a month with a typical sold price of £265,000. 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 8 in 10 homes to rent within 10 km of Penicuik. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £1,450 a month, and detached houses the most expensive, at about £2,225 a month.

Where is it cheaper to rent near Penicuik?

Of the areas around Penicuik, Kirknewton is the cheapest, with a typical rent of £975 a month, followed by South Queensferry (£1,260 a month). Penicuik itself is £1,490 a month.

Are rental homes in Penicuik furnished?

About 8 in 10 rental homes within 10 km of Penicuik that say so are furnished, and the rest come unfurnished.