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Rental yieldsIsle of Wight

Rental yield in Isle of Wight

Isle of Wight 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 Isle of Wight rose 1.1% and average rents rose 7.6%.

Gross yield

4.7%

Average price

£240,998

+1.1% / yr

Average rent

£950/mo

+7.6% / yr

National rank

#111 of 316

Who rents here

Census 2021, 64,775 households

20.7% of homes in Isle of Wight are private rentals.

Private rented 20.7%Social rented 10.9%Owner occupied 67.6%

Average rent by size

1 bedroom

£662/mo

+7.8% / yr

2 bedrooms

£871/mo

+7.7% / yr

3 bedrooms

£1,087/mo

+7.8% / yr

4+ bedrooms

£1,513/mo

+7.2% / yr

1 bed£662
2 beds£871
3 beds£1,087
4+ beds£1,513

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

Council tax bands (2026-27)

Band A

£1,751

Band B

£2,042

Band C

£2,334

Band D

£2,626

Band E

£3,210

Band F

£3,793

Band G

£4,377

Band H

£5,252

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 Isle of Wight average. Change them for a real property.

Gross yield4.7%

That is right on the Isle of Wight average of 4.7%. Add costs for a net estimate.

How it compares

Isle of Wight4.7%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Isle of Wight a good place to buy to let?

It is around the middle for rental income, at a 4.7% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Isle of Wight?

Over the past year, average rents in Isle of Wight rose 7.6% and average prices rose 1.1% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Isle of Wight?

Rent movement is the best free proxy for tenant demand, and average rents in Isle of Wight rose 7.6% 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, 20.7% of Isle of Wight's 64,775 households rented privately (10.9% social rented, 67.6% owner occupied).

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

As of 2026-07, average monthly rents in Isle of Wight by property size are £662 for a 1 bedroom property, £871 for a 2 bedroom property, £1,087 for a 3 bedroom property, £1,513 for a 4 or more bedroom property (ONS). The all-size average is £950 a month.

How much is council tax in Isle of Wight?

In 2026-27, the average Band D council tax in Isle of Wight is £2,626 a year including police and other precepts. Bills scale with the property's band: from £1,751 for Band A up to £5,252 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. Isle of Wight is at 4.7%.

Weighing up Isle of Wight? 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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