Where are the highest rental yields in the East Midlands?

Nottingham has the highest average gross rental yield in the East Midlands at 6.4%, from an average price of £190,200 and rent of £1,014 a month. It ranks 5 of 316 areas across England and Wales.

What is a typical rental yield in the East Midlands?

The median gross yield across the 35 council areas in the East Midlands is 4.3%, compared with 4.4% across England and Wales.

Rental yields›East Midlands

Rental yields in the East Midlands

The East Midlands has 35 council areas and a typical gross rental yield of 4.3%, below the 4.4% median across England and Wales. Yields run from 2.8% in Derbyshire Dales to 6.4% in Nottingham. The typical area here has an average price of £242,834 and an average rent of £860 a month.

Highest (Nottingham)

6.4%

Typical (median)

4.3%

Lowest (Derbyshire Dales)

2.8%

All 35 areas in the East Midlands, ranked

AreaYieldAvg price

1.Nottingham6.4%£190,200 2.Lincoln6.0%£187,079 3.Boston5.5%£177,438 4.Leicester5.4%£227,322 5.Mansfield5.1%£185,870 6.Derby5.0%£207,250 7.Ashfield5.0%£190,179 8.Oadby and Wigston4.9%£251,253 9.North Northamptonshire4.6%£257,807 10.Bolsover4.6%£182,759 11.Erewash4.6%£217,941 12.West Northamptonshire4.5%£291,929 13.Chesterfield4.5%£203,367 14.Broxtowe4.5%£252,624 15.Gedling4.5%£241,473 16.West Lindsey4.4%£203,592 17.High Peak4.3%£258,856 18.Hinckley and Bosworth4.3%£260,187 19.Charnwood4.2%£273,945 20.Newark and Sherwood4.2%£234,764 21.Amber Valley4.1%£233,295 22.Blaby4.1%£289,282 23.North Kesteven4.1%£242,834 24.South Holland4.1%£226,660 25.Bassetlaw4.1%£214,281 26.South Derbyshire4.0%£261,544 27.Rutland3.9%£298,916 28.North West Leicestershire3.9%£280,530 29.East Lindsey3.9%£214,508 30.South Kesteven3.9%£260,359 31.Rushcliffe3.9%£324,012 32.North East Derbyshire3.7%£253,810 33.Harborough3.4%£347,010 34.Melton3.4%£282,521 35.Derbyshire Dales2.8%£355,387

Gross yield = annual rent divided by average price. Tap any area for prices, rents by bedroom count, council tax, tenure and Article 4 data.

1 council in the East Midlands has Article 4 areas restricting HMO conversions in the national planning dataset: Leicester. Inside those areas, turning a family home into a small HMO needs full planning permission. See the Article 4 report.

Other regions

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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.