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Rental yields›Peterborough

Rental yield in Peterborough

Peterborough 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 Peterborough rose 2.6% and average rents rose 4.1%.

Gross yield

5.1%

Average price

£237,846

↑ +2.6% / yr

Average rent

£1,003/mo

↑ +4.1% / yr

National rank

#66 of 316

Who rents here

Census 2021, 84,533 households

24.4% of homes in Peterborough are private rentals.

Private rented 24.4%Social rented 18.6%Owner occupied 55.5%

Average rent by size

1 bedroom

£703/mo

↑ +4.5% / yr

2 bedrooms

£886/mo

↑ +4.2% / yr

3 bedrooms

£1,068/mo

↑ +4.5% / yr

4+ bedrooms

£1,540/mo

↑ +3.5% / yr

1 bed£703
2 beds£886
3 beds£1,068
4+ beds£1,540

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

Council tax bands (2026-27)

Band A

£1,529

Band B

£1,783

Band C

£2,038

Band D

£2,293

Band E

£2,803

Band F

£3,312

Band G

£3,822

Band H

£4,586

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 Peterborough average. Change them for a real property.

Gross yield5.1%

That is right on the Peterborough average of 5.1%. Add costs for a net estimate.

How it compares

Peterborough5.1%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Torfaen 5.2%Hartlepool 5.1%South Gloucestershire 5.1%Luton 5.1%Hastings 5.1%Rushmoor 5.1%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is Peterborough a good place to buy to let?

It is around the middle for rental income, at a 5.1% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Peterborough?

Over the past year, average rents in Peterborough rose 4.1% and average prices rose 2.6% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Peterborough?

Rent movement is the best free proxy for tenant demand, and average rents in Peterborough rose 4.1% 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, 24.4% of Peterborough's 84,533 households rented privately (18.6% social rented, 55.5% owner occupied).

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

As of 2026-07, average monthly rents in Peterborough by property size are £703 for a 1 bedroom property, £886 for a 2 bedroom property, £1,068 for a 3 bedroom property, £1,540 for a 4 or more bedroom property (ONS). The all-size average is £1,003 a month.

How much is council tax in Peterborough?

In 2026-27, the average Band D council tax in Peterborough is £2,293 a year including police and other precepts. Bills scale with the property's band: from £1,529 for Band A up to £4,586 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. Peterborough is at 5.1%.

Weighing up Peterborough? 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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