Rental yields›Exeter
Rental yield in Exeter
Exeter 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 Exeter fell 1.7% and average rents rose 1.3%.
Gross yield
5.6%
Average price
£280,982
↓ -1.7% / yr
Average rent
£1,320/mo
↑ +1.3% / yr
National rank
#24 of 316
Who rents here
Census 2021, 52,554 households
24.9% of homes in Exeter are private rentals.
Average rent by size
1 bedroom
£917/mo
↑ +1.5% / yr
2 bedrooms
£1,133/mo
↑ +1.4% / yr
3 bedrooms
£1,364/mo
↑ +1.6% / yr
4+ bedrooms
£1,922/mo
↑ +0.7% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,663
Band B
£1,941
Band C
£2,218
Band D
£2,495
Band E
£3,049
Band F
£3,604
Band G
£4,158
Band H
£4,990
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 Exeter average. Change them for a real property.
That is right on the Exeter average of 5.6%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Exeter a good place to buy to let?
It is around the middle for rental income, at a 5.6% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Exeter?
Over the past year, average rents in Exeter rose 1.3% and average prices fell 1.7% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Exeter?
Rent movement is the best free proxy for tenant demand, and average rents in Exeter rose 1.3% 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, 24.9% of Exeter's 52,554 households rented privately (16.6% social rented, 57.2% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Exeter?
As of 2026-07, average monthly rents in Exeter by property size are £917 for a 1 bedroom property, £1,133 for a 2 bedroom property, £1,364 for a 3 bedroom property, £1,922 for a 4 or more bedroom property (ONS). The all-size average is £1,320 a month.
How much is council tax in Exeter?
In 2026-27, the average Band D council tax in Exeter is £2,495 a year including police and other precepts. Bills scale with the property's band: from £1,663 for Band A up to £4,990 for Band H. 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. Exeter is at 5.6%.
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.