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Rental yieldsCardiff

Rental yield in Cardiff

Cardiff sits in the upper half for rental yield in England and Wales, a bit above the 4.4% typical figure across all 316 areas.

Over the past year, average prices in Cardiff rose 2.1% and average rents rose 3.4%.

Gross yield

5.2%

Average price

£270,094

+2.1% / yr

Average rent

£1,169/mo

+3.4% / yr

National rank

#62 of 316

Who rents here

Census 2021, 147,333 households

24.3% of homes in Cardiff are private rentals.

Private rented 24.3%Social rented 17.2%Owner occupied 58%

Average rent by size

1 bedroom

£902/mo

+3% / yr

2 bedrooms

£1,078/mo

+3% / yr

3 bedrooms

£1,203/mo

+4.2% / yr

4+ bedrooms

£1,693/mo

+2.7% / yr

1 bed£902
2 beds£1,078
3 beds£1,203
4+ beds£1,693

Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).

Council tax bands (2026-27)

Band A

£1,342

Band B

£1,566

Band C

£1,789

Band D

£2,013

Band E

£2,460

Band F

£2,908

Band G

£3,355

Band H

£4,026

Band I

£4,697

Average annual bill for the area, including police and other precepts (MHCLG and Welsh Government, 2026-27). Community precepts vary, and the band is set by the property, so check the exact band on gov.uk.

Work out the yield on a specific property

Pre-filled with the Cardiff average. Change them for a real property.

Gross yield5.2%

That is right on the Cardiff average of 5.2%. Add costs for a net estimate.

How it compares

Cardiff5.2%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Cardiff a good place to buy to let?

It is around the middle for rental income, at a 5.2% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Cardiff?

Over the past year, average rents in Cardiff rose 3.4% and average prices rose 2.1% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Cardiff?

Rent movement is the best free proxy for tenant demand, and average rents in Cardiff rose 3.4% over the past year (ONS), which points to tenants competing for available stock. Still ask local letting agents about typical void periods before committing to a buy-to-let there. For the size of the market: at the 2021 census, 24.3% of Cardiff's 147,333 households rented privately (17.2% social rented, 58% owner occupied).

What is the average rent for a 1, 2 or 3 bedroom property in Cardiff?

As of 2026-07, average monthly rents in Cardiff by property size are £902 for a 1 bedroom property, £1,078 for a 2 bedroom property, £1,203 for a 3 bedroom property, £1,693 for a 4 or more bedroom property (ONS). The all-size average is £1,169 a month.

How much is council tax in Cardiff?

In 2026-27, the average Band D council tax in Cardiff is £2,013 a year including police and other precepts. Bills scale with the property's band: from £1,342 for Band A up to £4,697 for Band I. Community precepts vary within the area, so treat these as area averages and check the exact band and bill with the council.

What is a good rental yield in the UK?

As a rough guide, under 4% is low, 5 to 6% is typical, and above 6.5% is high. Cardiff is at 5.2%.

Weighing up Cardiff? Ask people who invest there in the free Housetrix Discord, or browse every area ranked by yield.

Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (01/06/2026). Average rent: ONS Price Index of Private Rents (2026-07). Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.

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