Properties to rent in LN5
Waddon
There are 229 results. Rental prices in LN5 range from £474 pcm to £2.9k pcm with an average price of £974 pcm.
Houses and Flats to rent in LN5, Waddon
2 Bedrooms
1 Bathroom
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Rental market in LN5
What's to rent
175 homes · share, count and typical rentHow many bedrooms
share, count and typical rentRent bands
175 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes to rent | 57% | 35% |
| Typical rent | £950 pcm | £913 pcm |
| Average bedrooms | 2.9 | 1.6 |
| Typical time to let | 4 weeks | 5 weeks |
| Gross rental yield | 5.4% | 10.4% |
Asking rents over time
typical rent of the homes first listed each quarter · +18.6% since 2024 Q4Rents in and around LN5
typical rent, cheapest firstGetting to know LN5
stations in LN5Schools in LN5
10 primary · 2 secondary · 100% rated good or outstanding- The Priory Academy LSST secondary · Outstanding
- Sir William Robertson Academy, Welbourn secondary · Good
- The Lincoln Bishop King Church of England Primary School primary · Good
- The Meadows Primary School primary · Good
- The Lincoln St Peter at Gowts Church of England Primary School primary · Good
- Navenby Church of England Primary School primary · Good
Based on 175 homes to rent on Houses now, 1,281 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 LN5
What is the average rent in LN5?
The average rent for a home in LN5 is £1,070 a month. A few very expensive homes pull that average up, so a more typical rent is £950 a month. This is based on the 175 homes to rent on Houses right now.
How much is a 2 or 3 bedroom home to rent in LN5?
A typical 2-bedroom home in LN5 rents for £850 a month and a 3-bedroom home £1,050 a month. So the extra bedroom adds about £200 a month. 1-bedroom homes rent for around £775 a month, and 4-bedroom homes rent for about £1,660 a month.
What is the price range of rental homes in LN5?
Most rents in LN5 are between £585 and £2,800 a month, leaving out the very cheapest and most expensive. One in five rents for less than £680 a month, and one in five £1,400 a month or more.
How many homes are available to rent in LN5?
There are 229 homes to rent in LN5 on Houses right now, plus 36 already let agreed. 157 new listings came onto the market in the last 30 days.
Are rents going up in LN5?
Yes. Homes put up to rent in LN5 over the last 12 months were advertised at a typical £900 a month, 5.9% higher than the year before (£850 a month). By size, 2-bedroom homes are up 10% and 3-bedroom homes are up 5%.
How quickly do rental homes let in LN5?
Most rental homes are let or taken off the market within about 4 weeks. About 47% 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 LN5?
About 10.4% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in LN5 over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes can I rent in LN5?
Terraced houses are the most common, about half of homes to rent in LN5. Flats and apartments come next, followed by detached houses. Flats and apartments are the cheapest, at about £915 a month, and semi-detached houses the most expensive, at about £1,350 a month.
Where is it cheaper to rent near LN5?
Of the areas around LN5, NG24 is the cheapest, with a typical rent of £895 a month, followed by LN6 (£995 a month) and LN2 (£1,000 a month). LN5 itself is £950 a month.
Are rental homes in LN5 furnished?
About 9 in 10 rental homes in LN5 that say so are furnished, and the rest come unfurnished.
What are the schools like in LN5?
There are 10 primary and 2 secondary schools in LN5. 100% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.
Which train stations are in or near LN5?
Stations in LN5 include Hykeham and Lincoln Central.