Houses to rent in Peel, Scottish Borders

Frequently asked questions about renting in Peel

What is the average rent in Peel?

There are no homes to rent in Peel itself right now, so these figures cover the 10 homes to rent within 20 km. The average rent for a home within 20 km of Peel is £925 a month. A typical home, the one in the middle of the range, is £865 a month.

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

A typical 2-bedroom home within 20 km of Peel rents for £795 a month and a 3-bedroom home £875 a month. So the extra bedroom adds about £80 a month.

How many homes are available to rent in Peel?

There are no homes to rent in Peel on Houses right now. Within 20 km there are 10, and the listings on this page include the nearest of them. 15 new listings came onto the market within 20 km in the last 30 days.

Are rents going up in Peel?

Yes. Homes put up to rent within 20 km of Peel over the last 12 months were advertised at a typical £825 a month, 3.1% higher than the year before (£800 a month). By size, 1-bedroom homes are up 2%, 2-bedroom homes are up 10% and 3-bedroom homes are down 8%.

How quickly do rental homes let in Peel?

Within 20 km of Peel, most rental homes are let or taken off the market within about 3 weeks. About 63% go within the first month. Flats go faster, in about 3 weeks against about 6 weeks for houses.

What rental yield can I get in Peel?

Around 6.3% gross. That compares a typical rent of £865 a month with a typical sold price of £165,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Peel?

Flats and apartments are the most common, about 6 in 10 homes to rent within 20 km of Peel. Terraced houses come next.

Are rental homes in Peel furnished?

About 1 in 10 rental homes within 20 km of Peel that say so are furnished, and the rest come unfurnished.