Houses to rent in Penn Fields, West Midlands
There are 213 results for Penn Fields, West Midlands. Rental prices across these results range from £638 pcm to £1.8k pcm with an average price of £1k pcm.
Properties to rent in Penn Fields, West Midlands
1 Bedroom
1 Bathroom
Properties to rent near Penn Fields
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Rental market around Penn Fields
What's to rent
52 homes within 3 km of Penn Fields · share, count and typical rentHow many bedrooms
within 3 km of Penn Fields · share, count and typical rentRent bands
52 homes within 3 km of Penn FieldsHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 48% | 40% |
| Typical rent | £1,100 pcm | £800 pcm |
| Average bedrooms | 2.6 | 1.4 |
| Typical time to let | 5 weeks | 5 weeks |
| Gross rental yield | 5.3% | 8.2% |
Asking rents over time
typical rent of the homes first listed each quarter within 3 km of Penn Fields · +3.4% since 2024 Q4Getting to know Penn Fields
nearest stationsBased on 52 homes to rent on Houses now, 1,248 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 Penn Fields
What is the average rent in Penn Fields?
There are only 3 homes to rent in Penn Fields itself, so these figures cover the 52 homes to rent within 3 km. The average rent for a home within 3 km of Penn Fields is £1,050 a month. A typical home, the one in the middle of the range, is £1,000 a month.
How much is a 2 or 3 bedroom home to rent in Penn Fields?
A typical 2-bedroom home within 3 km of Penn Fields rents for £1,000 a month and a 3-bedroom home £1,125 a month. So the extra bedroom adds about £130 a month. 1-bedroom homes rent for around £765 a month, and 4-bedroom homes rent for about £1,600 a month.
What is the price range of rental homes in Penn Fields?
Most rents within 3 km of Penn Fields are between £640 and £1,800 a month, leaving out the very cheapest and most expensive. One in five rents for less than £800 a month, and one in five £1,200 a month or more.
How many homes are available to rent in Penn Fields?
There are 3 homes to rent in Penn Fields on Houses right now. Within 3 km there are 52, and the listings on this page include the nearest of them. 86 new listings came onto the market within 3 km in the last 30 days.
Are rents going up in Penn Fields?
Slightly up. Homes put up to rent within 3 km of Penn Fields over the last 12 months were advertised at a typical £925 a month, 2.8% higher than the year before (£900 a month). By size, 3-bedroom homes are up 5% and 4-bedroom homes are up 4%.
How quickly do rental homes let in Penn Fields?
Within 3 km of Penn Fields, most rental homes are let or taken off the market within about 5 weeks. About 49% go within the first month.
What rental yield can I get in Penn Fields?
About 8.2% gross for flats and 5.3% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penn Fields over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in Penn Fields?
Flats and apartments are the most common, about 4 in 10 homes to rent within 3 km of Penn Fields. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £800 a month, and semi-detached houses the most expensive, at about £1,100 a month.
Are rental homes in Penn Fields furnished?
About 2 in 10 rental homes within 3 km of Penn Fields that say so are furnished, and the rest come unfurnished.
Which train stations are in or near Penn Fields?
Penn Fields has no station of its own. The nearest is Wolverhampton.