Rental yields›Monmouthshire
Rental yield in Monmouthshire
Monmouthshire sits in the lower half for rental yield in England and Wales, a little below the 4.4% typical figure across all 316 areas.
Over the past year, average prices in Monmouthshire fell 0.7% and average rents rose 2.6%.
Gross yield
3.6%
Average price
£332,145
↓ -0.7% / yr
Average rent
£993/mo
↑ +2.6% / yr
National rank
#288 of 316
Who rents here
Census 2021, 40,922 households
13.6% of homes in Monmouthshire are private rentals.
Average rent by size
1 bedroom
£729/mo
↑ +2.7% / yr
2 bedrooms
£920/mo
↑ +2.6% / yr
3 bedrooms
£1,064/mo
↑ +2.9% / yr
4+ bedrooms
£1,492/mo
↑ +1.3% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,611
Band B
£1,879
Band C
£2,148
Band D
£2,416
Band E
£2,953
Band F
£3,490
Band G
£4,027
Band H
£4,832
Band I
£5,637
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 Monmouthshire average. Change them for a real property.
That is right on the Monmouthshire average of 3.6%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Monmouthshire a good place to buy to let?
It is around the middle for rental income, at a 3.6% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Monmouthshire?
Over the past year, average rents in Monmouthshire rose 2.6% and average prices fell 0.7% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Monmouthshire?
Rent movement is the best free proxy for tenant demand, and average rents in Monmouthshire rose 2.6% 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, 13.6% of Monmouthshire's 40,922 households rented privately (14% social rented, 71.9% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Monmouthshire?
As of 2026-07, average monthly rents in Monmouthshire by property size are £729 for a 1 bedroom property, £920 for a 2 bedroom property, £1,064 for a 3 bedroom property, £1,492 for a 4 or more bedroom property (ONS). The all-size average is £993 a month.
How much is council tax in Monmouthshire?
In 2026-27, the average Band D council tax in Monmouthshire is £2,416 a year including police and other precepts. Bills scale with the property's band: from £1,611 for Band A up to £5,637 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. Monmouthshire is at 3.6%.
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.