North Cheam

There are 72 results. Rental prices in SM3 range from £1.1k pcm to £3.5k pcm with an average price of £2.1k 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 £2,228 pcm typical £2,050 pcm
Most rents £1,200 – £3,500 pcm leaving out the extremes
Homes to rent 24 8 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 −6.5% homes newly listed
Gross rental yield 5.5–6.5% houses 5.5%, flats 6.5%

What's to rent

21 homes · share, count and typical rent
Flats and apartments 61.9% 13 · £1.8k
Terraced houses 19.0% 4 · £2.4k
Other homes 9.5% 2 · £3.4k
Semi-detached houses 9.5% 2 · £3.2k

How many bedrooms

share, count and typical rent
Studio 9.5% 2 · £1.2k
1 bedroom 9.5% 2 · £1.5k
2 bedrooms 33.3% 7 · £1.8k
3 bedrooms 28.6% 6 · £2.4k
4 bedrooms 9.5% 2 · £3.2k
5+ bedrooms 9.5% 2 · £3.4k

Rent bands

21 homes
Under £1,600 pcm 23.8% 5
£1,600 – £1,800 pcm 9.5% 2
£1,800 – £2,300 pcm 23.8% 5
£2,300 – £2,700 pcm 19.0% 4
£2,700 pcm and over 23.8% 5

Houses and flats compared

HousesFlats
Share of homes to rent29%62%
Typical rent£2,600 pcm£1,750 pcm
Average bedrooms3.22.1
Typical time to let4 weeks14 days
Gross rental yield5.5%6.5%

Asking rents over time

typical rent of the homes first listed each quarter · −6.1% 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: £1,875 pcm (74 new listings) £1,875 pcm 2026 Q3

Rents in and around SM3

typical rent, cheapest first
  1. SM5 £1,650 pcm
  2. SM1 £1,750 pcm
  3. SM2 £1,750 pcm
  4. KT17 £1,763 pcm
  5. KT19 £1,925 pcm
  6. SM4 £2,050 pcm
  7. SM3 £2,050 pcm
  8. KT4 £2,248 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 21 homes to rent on Houses now, 433 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 SM3

What is the average rent in SM3?

The average rent for a home in SM3 is £2,230 a month. A few very expensive homes pull that average up, so a more typical rent is £2,050 a month. This is based on the 21 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.

What is the price range of rental homes in SM3?

Most rents in SM3 are between £1,200 and £3,500 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 £2,700 a month or more.

How many homes are available to rent in SM3?

There are 24 homes to rent in SM3 on Houses right now, plus 8 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 £1,800 a month, 6.5% lower than the year before (£1,925 a month). By size, 1-bedroom homes are down 23%.

How quickly do rental homes let in SM3?

Most rental homes are let or taken off the market within about 3 weeks. About 61% go within the first month. Flats go faster, in 14 days against about 4 weeks for houses.

What rental yield can I get in SM3?

About 6.5% gross for flats and 5.5% 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 6 in 10 homes to rent in SM3. Terraced houses come next, followed by semi-detached houses.

Where is it cheaper to rent near SM3?

Of the areas around SM3, SM5 is the cheapest, with a typical rent of £1,650 a month, followed by SM1 (£1,750 a month) and SM2 (£1,750 a month). SM3 itself is £2,050 a month.

Are rental homes in SM3 furnished?

About 3 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.