Houses to rent in Parkfield, Wolverhampton

There are 52 results for Parkfield, Wolverhampton. Rental prices across these results range from £691 pcm to £1.6k pcm with an average price of £1.1k pcm.


Properties to rent in Parkfield, Wolverhampton

Dropdown arrow

Properties to rent near Parkfield

Email

Be the first to know about new property listings

Save this search to be notified as soon as new listings are available.

Rental market around Parkfield

Average rent £1,035 pcm within 3 km · typical £1,000 pcm
Most rents £645 – £1,999 pcm within 3 km
Homes to rent 4 in Parkfield · 99 within 3 km
New to rent 83 in the last 30 days · within 3 km
Typical time to let 4 weeks last 12 months · within 3 km
Rents, year on year no change homes newly listed · within 3 km
Gross rental yield 6.1–8.7% houses 6.1%, flats 8.7% · within 3 km

What's to rent

99 homes within 3 km of Parkfield · share, count and typical rent
Flats and apartments 43.4% 43 · £790
Semi-detached houses 21.2% 21 · £1.2k
Terraced houses 17.2% 17 · £1.1k
Other homes 12.1% 12 · £1.2k
Bungalows 3.0% 3 · £1.2k
Detached houses 3.0% 3 · £1.7k

How many bedrooms

within 3 km of Parkfield · share, count and typical rent
Studio 6.1% 6 · £575
1 bedroom 25.3% 25 · £775
2 bedrooms 26.3% 26 · £975
3 bedrooms 31.3% 31 · £1.2k
4 bedrooms 9.1% 9 · £1.4k
5+ bedrooms 2.0% 2 · £2k

Rent bands

99 homes within 3 km of Parkfield
Under £780 pcm 21.2% 21
£780 – £950 pcm 16.2% 16
£950 – £1,100 pcm 23.2% 23
£1,100 – £1,200 pcm 12.1% 12
£1,200 pcm and over 27.3% 27

Houses and flats compared

HousesFlats
Share of homes to rent44%43%
Typical rent£1,173 pcm£790 pcm
Average bedrooms2.91.4
Typical time to let4 weeks5 weeks
Gross rental yield6.1%8.7%

Asking rents over time

typical rent of the homes first listed each quarter within 3 km of Parkfield · +8.3% since 2024 Q4 Median rent per quarter in Parkfield 2024 Q4: £900 pcm (234 new listings) £900 pcm 2024 Q4 2025 Q1: £900 pcm (333 new listings) £900 pcm 2025 Q1 2025 Q2: £950 pcm (340 new listings) £950 pcm 2025 Q2 2025 Q3: £950 pcm (341 new listings) £950 pcm 2025 Q3 2025 Q4: £950 pcm (275 new listings) £950 pcm 2025 Q4 2026 Q1: £925 pcm (300 new listings) £925 pcm 2026 Q1 2026 Q2: £938 pcm (326 new listings) £938 pcm 2026 Q2 2026 Q3: £975 pcm (326 new listings) £975 pcm 2026 Q3

Schools in Parkfield

4 primary · 1 secondary · 75% rated good or outstanding
  • Spring Vale Primary School primary · Outstanding
  • The Khalsa Academy Wolverhampton secondary · Good
  • Lanesfield Primary School primary · Good
  • St Teresa's Catholic Primary Academy primary · Requires improvement
  • Parkfield Primary School primary · Not yet rated

Based on 99 homes to rent on Houses now, 1,402 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 Parkfield

What is the average rent in Parkfield?

There are only 4 homes to rent in Parkfield itself, so these figures cover the 99 homes to rent within 3 km. The average rent for a home within 3 km of Parkfield is £1,035 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 Parkfield?

A typical 2-bedroom home within 3 km of Parkfield rents for £975 a month and a 3-bedroom home £1,150 a month. So the extra bedroom adds about £175 a month. 1-bedroom homes rent for around £775 a month, and 4-bedroom homes rent for about £1,350 a month.

What is the price range of rental homes in Parkfield?

Most rents within 3 km of Parkfield are between £645 and £2,000 a month, leaving out the very cheapest and most expensive. One in five rents for less than £780 a month, and one in five £1,200 a month or more.

How many homes are available to rent in Parkfield?

There are 4 homes to rent in Parkfield on Houses right now. Within 3 km there are 99, and the listings on this page include the nearest of them. 83 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Parkfield?

They are holding steady. Homes put up to rent within 3 km of Parkfield 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, 2-bedroom homes are up 3% and 4-bedroom homes are up 5%.

How quickly do rental homes let in Parkfield?

Within 3 km of Parkfield, most rental homes are let or taken off the market within about 4 weeks. About 51% go within the first month. Houses go faster, in about 4 weeks against about 5 weeks for flats.

What rental yield can I get in Parkfield?

About 8.7% gross for flats and 6.1% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Parkfield over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Parkfield?

Flats and apartments are the most common, about 4 in 10 homes to rent within 3 km of Parkfield. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £790 a month, and semi-detached houses the most expensive, at about £1,150 a month.

Are rental homes in Parkfield furnished?

About 2 in 10 rental homes within 3 km of Parkfield that say so are furnished, and the rest come unfurnished.

What are the schools like in Parkfield?

There are 4 primary and 1 secondary schools in Parkfield. 75% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near Parkfield?

Parkfield has no station of its own. The nearest are Wolverhampton and Coseley.