Houses to rent in Newark, Cambridgeshire

Frequently asked questions about renting in Newark

What is the average rent in Newark?

There are only 7 homes to rent in Newark itself, so these figures cover the 198 homes to rent within 3 km. The average rent for a home within 3 km of Newark is £1,100 a month. A few very expensive homes pull that average up, so a more typical rent is £975 a month.

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

A typical 2-bedroom home within 3 km of Newark rents for £1,150 a month and a 3-bedroom home £1,200 a month. So the extra bedroom adds about £50 a month. 1-bedroom homes rent for around £850 a month, and 4-bedroom homes rent for about £1,640 a month.

What is the price range of rental homes in Newark?

Most rents within 3 km of Newark are between £720 and £1,850 a month, leaving out the very cheapest and most expensive. One in five rents for less than £820 a month, and one in five £1,300 a month or more.

How many homes are available to rent in Newark?

There are 7 homes to rent in Newark on Houses right now, plus 1 already let agreed. Within 3 km there are 198, and the listings on this page include the nearest of them. 255 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Newark?

They are holding steady. Homes put up to rent within 3 km of Newark over the last 12 months were advertised at a typical £950 a month, about the same as the year before (£950 a month). By size, 1-bedroom homes are up 6%, 2-bedroom homes are up 4% and 3-bedroom homes are down 4%.

How quickly do rental homes let in Newark?

Within 3 km of Newark, most rental homes are let or taken off the market within about 4 weeks. About 54% go within the first month.

What rental yield can I get in Newark?

About 9.0% gross for flats and 5.9% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Newark over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Newark?

Flats and apartments are the most common, about three quarters of homes to rent within 3 km of Newark. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £975 a month, and detached houses the most expensive, at about £1,295 a month.

Where is it cheaper to rent near Newark?

Of the areas around Newark, Millfield is the cheapest, with a typical rent of £810 a month, followed by Peterborough (£1,025 a month). Newark itself is £895 a month.

Are rental homes in Newark furnished?

About 4 in 10 rental homes within 3 km of Newark that say so are furnished, and the rest come unfurnished.

What are the schools like in Newark?

There are 1 primary and 0 secondary schools in Newark.