North Cheam

There are 75 results. Rental prices in SM3 range from £1.1k pcm to £3.2k pcm with an average price of £2k pcm.


Houses and Flats to rent in SM3, North Cheam

Dropdown arrow

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 in SM3

Average rent £1,980 pcm typical £2,050 pcm
Most rents £1,200 – £3,180 pcm leaving out the extremes
Homes to rent 27 7 more let agreed
New to rent 16 in the last 30 days
Typical time to let 3 weeks last 12 months
Rents, year on year −10.3% homes newly listed
Gross rental yield 5.2–6.5% houses 5.2%, flats 6.5%

What's to rent

27 homes · share, count and typical rent
Flats and apartments 51.9% 14 · £1.8k
Terraced houses 25.9% 7 · £2.3k
Semi-detached houses 14.8% 4 · £2.7k
Other homes 7.4% 2 · £2.3k

How many bedrooms

share, count and typical rent
Studio 3.7% 1 · £1.2k
1 bedroom 14.8% 4 · £1.2k
2 bedrooms 37.0% 10 · £1.8k
3 bedrooms 29.6% 8 · £2.4k
4 bedrooms 11.1% 3 · £2.9k
5+ bedrooms 3.7% 1 · £3.3k

Rent bands

27 homes
Under £1,600 pcm 18.5% 5
£1,600 – £1,800 pcm 11.1% 3
£1,800 – £2,200 pcm 25.9% 7
£2,200 – £2,500 pcm 22.2% 6
£2,500 pcm and over 22.2% 6

Houses and flats compared

HousesFlats
Share of homes to rent41%52%
Typical rent£2,425 pcm£1,750 pcm
Average bedrooms2.92.1
Typical time to let4 weeks13 days
Gross rental yield5.2%6.5%

Asking rents over time

typical rent of the homes first listed each quarter · −8.6% since 2024 Q4 Median rent per quarter in SM3 2024 Q4: £1,998 pcm (84 new listings) £1,998 pcm 2024 Q4 2025 Q1: £1,945 pcm (120 new listings) £1,945 pcm 2025 Q1 2025 Q2: £1,600 pcm (106 new listings) £1,600 pcm 2025 Q2 2025 Q3: £2,250 pcm (95 new listings) £2,250 pcm 2025 Q3 2025 Q4: £1,800 pcm (125 new listings) £1,800 pcm 2025 Q4 2026 Q1: £1,650 pcm (123 new listings) £1,650 pcm 2026 Q1 2026 Q2: £1,963 pcm (92 new listings) £1,963 pcm 2026 Q2 2026 Q3: £1,825 pcm (74 new listings) £1,825 pcm 2026 Q3

Rents in and around SM3

typical rent, cheapest first
  1. SM5 £1,550 pcm
  2. KT19 £1,750 pcm
  3. SM2 £1,750 pcm
  4. SM1 £1,800 pcm
  5. KT17 £1,850 pcm
  6. SM3 £2,050 pcm
  7. KT4 £2,173 pcm
  8. SM4 £2,200 pcm

Schools in SM3

5 primary · 3 secondary · 100% rated good or outstanding
  • Cheam High School secondary · Outstanding
  • Cheam Park Farm Primary Academy primary · Outstanding
  • St Cecilia's Catholic Primary School primary · Outstanding
  • Glenthorne High School secondary · Good
  • Nonsuch High School for Girls secondary · Good
  • St Dunstan's Cheam CofE Primary School primary · Good

Based on 27 homes to rent on Houses now, 423 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 November 2026.

Frequently asked questions about renting in SM3

What is the average rent in SM3?

The average rent for a home in SM3 is £1,980 a month. A typical home, the one in the middle of the range, is £2,050 a month. This is based on the 27 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in SM3?

A typical 2-bedroom home in SM3 rents for £1,800 a month and a 3-bedroom home £2,425 a month. So the extra bedroom adds about £625 a month. 1-bedroom homes rent for around £1,225 a month, and 4-bedroom homes rent for about £2,900 a month.

What is the price range of rental homes in SM3?

Most rents in SM3 are between £1,200 and £3,180 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,600 a month, and one in five £2,500 a month or more.

How many homes are available to rent in SM3?

There are 27 homes to rent in SM3 on Houses right now, plus 7 already let agreed. 16 new listings came onto the market in the last 30 days.

Are rents going up in SM3?

No, they are falling. Homes put up to rent in SM3 over the last 12 months were advertised at a typical £1,750 a month, 10% lower than the year before (£1,950 a month). By size, 1-bedroom homes are down 23% and 3-bedroom homes are up 2%.

How quickly do rental homes let in SM3?

Most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month. Flats go faster, in 13 days against about 4 weeks for houses.

What rental yield can I get in SM3?

About 6.5% gross for flats and 5.2% for houses. That compares typical rents with what flats and houses actually sold for in SM3 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in SM3?

Flats and apartments are the most common, about half of homes to rent in SM3. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,750 a month, and terraced houses the most expensive, at about £2,250 a month.

Where is it cheaper to rent near SM3?

Of the areas around SM3, SM5 is the cheapest, with a typical rent of £1,550 a month, followed by KT19 (£1,750 a month) and SM2 (£1,750 a month). SM3 itself is £2,050 a month.

Are rental homes in SM3 furnished?

About 1 in 10 rental homes in SM3 that say so are furnished, and the rest come unfurnished.

What are the schools like in SM3?

There are 5 primary and 3 secondary schools in SM3. 100% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.

Which train stations are in or near SM3?

Stations in SM3 include West Sutton and Cheam.