Rental yields›Lincoln
Rental yield in Lincoln
Lincoln has one of the highest average gross rental yields in England and Wales. Relatively affordable prices against solid rents put it near the top of 316 areas for buy-to-let income return.
Over the past year, average prices in Lincoln fell 0.5% and average rents rose 5.3%.
Gross yield
6.2%
Average price
£183,298
↓ -0.5% / yr
Average rent
£944/mo
↑ +5.3% / yr
National rank
#10 of 316
Who rents here
Census 2021, 42,506 households
27.2% of homes in Lincoln are private rentals.
Average rent by size
1 bedroom
£661/mo
↑ +5.3% / yr
2 bedrooms
£830/mo
↑ +5.4% / yr
3 bedrooms
£992/mo
↑ +5.5% / yr
4+ bedrooms
£1,361/mo
↑ +4.6% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,549
Band B
£1,807
Band C
£2,065
Band D
£2,323
Band E
£2,839
Band F
£3,355
Band G
£3,872
Band H
£4,646
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 Lincoln average. Change them for a real property.
That is right on the Lincoln average of 6.2%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Lincoln a good place to buy to let?
On income alone it is among the strongest areas in England and Wales, at a 6.2% average gross yield. High-yield areas tend to see slower price growth, so it suits investors who value monthly income over long-term capital gains.
Are rents rising in Lincoln?
Over the past year, average rents in Lincoln rose 5.3% and average prices fell 0.5% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Lincoln?
Rent movement is the best free proxy for tenant demand, and average rents in Lincoln rose 5.3% 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, 27.2% of Lincoln's 42,506 households rented privately (21.1% social rented, 50.5% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Lincoln?
As of 2026-07, average monthly rents in Lincoln by property size are £661 for a 1 bedroom property, £830 for a 2 bedroom property, £992 for a 3 bedroom property, £1,361 for a 4 or more bedroom property (ONS). The all-size average is £944 a month.
How much is council tax in Lincoln?
In 2026-27, the average Band D council tax in Lincoln is £2,323 a year including police and other precepts. Bills scale with the property's band: from £1,549 for Band A up to £4,646 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. Lincoln is at 6.2%.
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.