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Rental yield in Swansea

Swansea ranks 6 of 22 areas in Wales for rental yield, at 5.0% gross.

Swansea 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 Swansea fell 0.2% and average rents rose 6.2%.

Average gross yield

5.0%

#88 of 316 areas

Average price

£205,383

▼ 0.2% past year

Average rent

£852/mo

▲ 6.2% past year

Privately rented

18%

of 104,962 homes

Average rent by size

1 bedroom

£688/mo

↑ +6% / yr

2 bedrooms

£797/mo

↑ +6% / yr

3 bedrooms

£897/mo

↑ +6.6% / yr

4+ bedrooms

£1,275/mo

↑ +5.1% / yr

1 bed£688
2 beds£797
3 beds£897
4+ beds£1,275

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

£1,492

Band B

£1,741

Band C

£1,989

Band D

£2,238

Band E

£2,735

Band F

£3,233

Band G

£3,730

Band H

£4,476

Band I

£5,222

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

Swansea5.0%
Highest (Newcastle upon Tyne)7.0%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%
See Swansea 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 yield5.0%

That is right on the Swansea average of 5.0%. Add costs for a net estimate.

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Nearby areas

Neath Port Talbot 4.9%Carmarthenshire 4.1%Bridgend 4.4%Rhondda Cynon Taf 5.5%Merthyr Tydfil 5.8%Vale of Glamorgan 3.9%All 22 in Wales →

Areas with a similar yield

Oxford 5.0%Sefton 5.0%North Tyneside 5.0%Newport 5.0%Hartlepool 4.9%Milton Keynes 4.9%
Work out a specific dealCheck this areaAll Welsh areas ranked

Common questions

Is Swansea a good place to buy to let?

It is around the middle for rental income, at a 5.0% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Swansea?

Over the past year, average rents in Swansea rose 6.2% and average prices fell 0.2% (HM Land Registry and ONS, to August 2026).

Is there rental demand in Swansea?

Rent movement is the best free proxy for tenant demand, and average rents in Swansea rose 6.2% 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, 18% of Swansea's 104,962 households rented privately (19.1% social rented, 62.3% owner occupied).

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

As of August 2026, average monthly rents in Swansea by property size are £688 for a 1 bedroom property, £797 for a 2 bedroom property, £897 for a 3 bedroom property, £1,275 for a 4 or more bedroom property (ONS). The all-size average is £852 a month.

How much is council tax in Swansea?

In 2026-27, the average Band D council tax in Swansea is £2,238 a year including police and other precepts. Bills scale with the property's band: from £1,492 for Band A up to £5,222 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. Swansea is at 5.0%.

Weighing up Swansea? 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.