Penn, Warstones, Merry Hill, Parkfields

There are 86 results. Rental prices in WV4 range from £655 pcm to £1.3k pcm with an average price of £1.1k pcm.


Houses and Flats to rent in WV4, Penn, Warstones, Merry Hill, Parkfields

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Properties to rent near WV4

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Rental market in WV4

Average rent £1,098 pcm typical £1,125 pcm
Most rents £655 – £1,298 pcm leaving out the extremes
Homes to rent 17 available now
New to rent 15 in the last 30 days
Typical time to let 4 weeks last 12 months
Rents, year on year −4.5% homes newly listed
Gross rental yield 5.3% typical rent vs sold price

What's to rent

22 homes · share, count and typical rent
Semi-detached houses 50.0% 11 · £1.1k
Terraced houses 22.7% 5 · £1.2k
Flats and apartments 18.2% 4 · £700
Detached houses 4.5% 1 · £1.2k
Other homes 4.5% 1 · £1.2k

How many bedrooms

share, count and typical rent
Studio 4.5% 1 · £600
1 bedroom 9.1% 2 · £700
2 bedrooms 9.1% 2 · £950
3 bedrooms 68.2% 15 · £1.2k
4 bedrooms 9.1% 2 · £1.3k

Rent bands

22 homes
Under £950 pcm 18.2% 4
£950 – £1,100 pcm 18.2% 4
£1,100 – £1,200 pcm 27.3% 6
£1,200 pcm and over 36.4% 8

Asking rents over time

typical rent of the homes first listed each quarter · +9.9% since 2024 Q4 Median rent per quarter in WV4 2024 Q4: £930 pcm (39 new listings) £930 pcm 2024 Q4 2025 Q1: £1,175 pcm (39 new listings) £1,175 pcm 2025 Q1 2025 Q2: £1,150 pcm (51 new listings) £1,150 pcm 2025 Q2 2025 Q3: £1,100 pcm (45 new listings) £1,100 pcm 2025 Q3 2025 Q4: £1,050 pcm (52 new listings) £1,050 pcm 2025 Q4 2026 Q1: £1,050 pcm (43 new listings) £1,050 pcm 2026 Q1 2026 Q2: £1,050 pcm (44 new listings) £1,050 pcm 2026 Q2 2026 Q3: £1,023 pcm (50 new listings) £1,023 pcm 2026 Q3

Rents in and around WV4

typical rent, cheapest first
  1. WV2 £825 pcm
  2. WV14 £950 pcm
  3. WV1 £995 pcm
  4. DY3 £1,000 pcm
  5. WV6 £1,000 pcm
  6. WV3 £1,013 pcm
  7. WV13 £1,067 pcm
  8. WV4 £1,125 pcm

Getting to know WV4

stations in WV4

Schools in WV4

8 primary · 3 secondary · 87% rated good or outstanding
  • Hill Avenue Academy primary · Outstanding
  • Spring Vale Primary School primary · Outstanding
  • Highfields School secondary · Good
  • Colton Hills Community School secondary · Good
  • Springdale Primary School primary · Good
  • The Khalsa Academy Wolverhampton secondary · Good

Based on 22 homes to rent on Houses now, 216 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 Aug 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about renting in WV4

What is the average rent in WV4?

The average rent for a home in WV4 is £1,100 a month. A typical home, the one in the middle of the range, is £1,125 a month. This is based on the 22 homes to rent on Houses right now.

What is the price range of rental homes in WV4?

Most rents in WV4 are between £655 and £1,300 a month, leaving out the very cheapest and most expensive. One in five rents for less than £950 a month, and one in five £1,200 a month or more.

How many homes are available to rent in WV4?

There are 17 homes to rent in WV4 on Houses right now. 15 new listings came onto the market in the last 30 days.

Are rents going up in WV4?

No, they are falling. Homes put up to rent in WV4 over the last 12 months were advertised at a typical £1,050 a month, 4.5% lower than the year before (£1,100 a month). By size, 1-bedroom homes are down 2%, 2-bedroom homes are up 6% and 3-bedroom homes are down 4%.

How quickly do rental homes let in WV4?

Most rental homes are let or taken off the market within about 4 weeks. About 50% go within the first month. Flats go faster, in about 4 weeks against about 5 weeks for houses.

What rental yield can I get in WV4?

Around 5.3% gross. That compares a typical rent of £1,125 a month with a typical sold price of £255,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in WV4?

Semi-detached houses are the most common, about half of homes to rent in WV4. Terraced houses come next, followed by flats and apartments. Semi-detached houses are the cheapest, at about £1,100 a month, and terraced houses the most expensive, at about £1,200 a month.

Where is it cheaper to rent near WV4?

Of the areas around WV4, WV2 is the cheapest, with a typical rent of £825 a month, followed by WV14 (£950 a month) and WV1 (£995 a month). WV4 itself is £1,125 a month.

Are rental homes in WV4 furnished?

About 2 in 10 rental homes in WV4 that say so are furnished, and the rest come unfurnished.

What are the schools like in WV4?

There are 8 primary and 3 secondary schools in WV4. 87% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.

Which train stations are in or near WV4?

Stations in WV4 include Wolverhampton.