Properties to rent in ME16

Frequently asked questions about renting in ME16

What is the average rent in ME16?

The average rent for a home in ME16 is £1,275 a month. A typical home, the one in the middle of the range, is £1,220 a month. This is based on the 79 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in ME16?

A typical 2-bedroom home in ME16 rents for £1,300 a month and a 3-bedroom home £1,650 a month. So the extra bedroom adds about £350 a month. 1-bedroom homes rent for around £985 a month, and 4-bedroom homes rent for about £1,960 a month.

What is the price range of rental homes in ME16?

Most rents in ME16 are between £795 and £1,955 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,600 a month or more.

How many homes are available to rent in ME16?

There are 68 homes to rent in ME16 on Houses right now, plus 16 already let agreed. 76 new listings came onto the market in the last 30 days.

Are rents going up in ME16?

Yes. Homes put up to rent in ME16 over the last 12 months were advertised at a typical £1,250 a month, 4.2% higher than the year before (£1,200 a month). By size, 1-bedroom homes are up 3%, 3-bedroom homes are up 3% and 4-bedroom homes are up 9%.

How quickly do rental homes let in ME16?

Most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month. Houses go faster, in about 2 weeks against about 3 weeks for flats.

What rental yield can I get in ME16?

About 7.5% gross for flats and 5.0% for houses. That compares typical rents with what flats and houses actually sold for in ME16 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in ME16?

Flats and apartments are the most common, about 6 in 10 homes to rent in ME16. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,125 a month, and terraced houses the most expensive, at about £1,500 a month.

Where is it cheaper to rent near ME16?

Of the areas around ME16, ME14 is the cheapest, with a typical rent of £1,150 a month, followed by ME15 (£1,250 a month) and ME6 (£1,400 a month). ME16 itself is £1,220 a month.

Are rental homes in ME16 furnished?

Only a few rental homes in ME16 that say so are furnished, and the rest come unfurnished.

What are the schools like in ME16?

There are 8 primary and 5 secondary schools in ME16. 93% of those inspected by Ofsted were rated good or outstanding, and 5 were outstanding.

Which train stations are in or near ME16?

Stations in ME16 include Maidstone West, Maidstone Barracks, Maidstone East and East Farleigh.