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Rental yield in Pembrokeshire

Pembrokeshire ranks 17 of 22 areas in Wales for rental yield, at 4.0% gross.

Pembrokeshire 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 Pembrokeshire fell 4.7% and average rents rose 4.7%.

Average gross yield

4.0%

#239 of 316 areas

Average price

£208,615

▼ 4.7% past year

Average rent

£694/mo

▲ 4.7% past year

Privately rented

16.4%

of 55,487 homes

Average rent by size

1 bedroom

£514/mo

↑ +4.5% / yr

2 bedrooms

£640/mo

↑ +4.5% / yr

3 bedrooms

£760/mo

↑ +4.9% / yr

4+ bedrooms

£1,036/mo

↑ +3.6% / yr

1 bed£514
2 beds£640
3 beds£760
4+ beds£1,036

Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).

Council tax bands (2026-27)

Band A

£1,444

Band B

£1,685

Band C

£1,925

Band D

£2,166

Band E

£2,647

Band F

£3,129

Band G

£3,610

Band H

£4,332

Band I

£5,054

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.

How it compares

Pembrokeshire4.0%
Highest (Newcastle upon Tyne)7.0%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%
See Pembrokeshire on the yield map →
Wales runs its own letting rules. Landlords must register and be licensed with Rent Smart Wales, tenancies are occupation contracts under the Renting Homes (Wales) Act 2016, purchases pay Land Transaction Tax rather than stamp duty, and councils can charge a council tax premium on second homes. England's Renters' Rights Act and landlord register don't apply. All 22 Welsh areas ranked.

Work out the yield on a specific property

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Gross yield4.0%

That is right on the Pembrokeshire average of 4.0%. Add costs for a net estimate.

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Nearby areas

Areas with a similar yield

Common questions

Is Pembrokeshire a good place to buy to let?

It is around the middle for rental income, at a 4.0% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Pembrokeshire?

Over the past year, average rents in Pembrokeshire rose 4.7% and average prices fell 4.7% (HM Land Registry and ONS, to August 2026).

Is there rental demand in Pembrokeshire?

Rent movement is the best free proxy for tenant demand, and average rents in Pembrokeshire rose 4.7% 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, 16.4% of Pembrokeshire's 55,487 households rented privately (16.2% social rented, 67% owner occupied).

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

As of August 2026, average monthly rents in Pembrokeshire by property size are £514 for a 1 bedroom property, £640 for a 2 bedroom property, £760 for a 3 bedroom property, £1,036 for a 4 or more bedroom property (ONS). The all-size average is £694 a month.

How much is council tax in Pembrokeshire?

In 2026-27, the average Band D council tax in Pembrokeshire is £2,166 a year including police and other precepts. Bills scale with the property's band: from £1,444 for Band A up to £5,054 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. Pembrokeshire is at 4.0%.

Weighing up Pembrokeshire? 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 (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.