Penn, Warstones, Merry Hill, Parkfields

There are 74 results. Rental prices in WV4 range from £750 pcm to £1.5k pcm with an average price of £1.1k pcm.


Previously listed properties in WV4

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Rental market in WV4

Average rent £1,145 pcm typical £1,125 pcm
Most rents £750 – £1,500 pcm cheapest to dearest
Homes to rent 26 available now
New to rent 13 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

10 homes · share, count and typical rent
Semi-detached houses 60.0% 6 · £1.1k
Other homes 20.0% 2 · £1.3k
Flats and apartments 10.0% 1 · £750
Terraced houses 10.0% 1 · £1.2k

How many bedrooms

share, count and typical rent
1 bedroom 10.0% 1 · £750
2 bedrooms 10.0% 1 · £1.1k
3 bedrooms 70.0% 7 · £1.2k
4 bedrooms 10.0% 1 · £1.5k

Rent bands

10 homes
Under £1,000 pcm 20.0% 2
£1,000 – £1,100 pcm 20.0% 2
£1,100 – £1,200 pcm 30.0% 3
£1,200 – £1,400 pcm 20.0% 2
£1,400 pcm and over 10.0% 1

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 £800 pcm
  2. WV13 £850 pcm
  3. WV1 £950 pcm
  4. WV14 £995 pcm
  5. WV3 £998 pcm
  6. DY3 £1,100 pcm
  7. WV6 £1,100 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 10 homes to rent on Houses now, 213 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 WV4

What is the average rent in WV4?

The average rent for a home in WV4 is £1,145 a month. A typical home, the one in the middle of the range, is £1,125 a month. This is based on the 10 homes to rent on Houses right now.

How many homes are available to rent in WV4?

There are 26 homes to rent in WV4 on Houses right now. 13 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, 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 53% go within the first month.

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 6 in 10 homes to rent in WV4. Flats and apartments come next, followed by terraced houses.

Where is it cheaper to rent near WV4?

Of the areas around WV4, WV2 is the cheapest, with a typical rent of £800 a month, followed by WV13 (£850 a month) and WV1 (£950 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.