UK rental valuation

Leicester Rental Valuation

Get an instant online estimate of what your property could rent for, backed by comparable Leicester listings and official rent data.

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Leicester rental market at a glance

Latest rental data for Leicester from the Office for National Statistics (ONS)

Latest dataSeptember 2026(Updated Oct 2026)

£1,020 pcmAverage rent in Leicester
-0.2%Monthly rent movementvs August 2026
+0.9%Annual rent movementvs September 2025
5.4%Estimated gross yieldBased on average price

Leicester vs UK

Leicester rents compared with the UK average
LocationAverage rent (pcm)Annual change
Leicester£1,020+0.9%
UK£1,406+3.8%

Leicester rents are currently £386 per month below the UK average.

How much does it cost to rent a property in Leicester?

Average monthly rents by number of bedrooms in Leicester (September 2026)

1 bed£713 pcm+0.7% annual change
2 bed£890 pcm+0.9% annual change
3 bed£1,043 pcm+1.4% annual change
4+ bed£1,450 pcm+0.4% annual change

How Leicester rents have changed

Average private rent in Leicester (ONS)

£1,020 pcmLatest average rent
£1,023 pcmOne month ago
+0.9%Annual change

Leicester rental market commentary

What the latest rent data means for renters and landlords

Data monthSeptember 2026

Leicester rents sit above the regional average

The ONS Private Rents Index of Private Housing (PIPR) puts Leicester’s average rent at £1,020 in September 2026, compared with £928 across the East Midlands. The local average was 9.9% higher than the regional figure, while Leicester’s annual rent increase of 0.9% was 2.9 percentage points lower than the regional annual rate. These averages include new and existing tenancies; they are statistical context, not advertised rents or individual property comparables.

Bedroom counts provide a useful rent range

In September 2026, average rents ranged from £713 for a one bed to £1,450 for a four or more bed. The intermediate averages were £890 for a two bed and £1,043 for a three bed. Annual rates varied: the three bed category recorded 1.4%, compared with 0.4% for four or more bed. Match these broad categories cautiously to the size and features of a particular home; the figures are not like-for-like listings.

Property type averages add another point of reference

The published averages for September 2026 were £796 for Flat Maisonette, £1,006 for Terraced, £1,071 for Semi-detached and £1,352 for Detached. Annual rates ranged from 0.4% for Flat Maisonette to 1.2% for Semi-detached. These are area-level averages by property type, rather than evidence of rents for individual available homes.

Source: ONS Price Index of Private Rents, September 2026. Commentary is rewritten and checked with the published source data. Percentages use the ONS rent index; pound differences use published average rents. Percentage-point comparisons use the displayed one-decimal rates. Read the ONS methodology.

How Bellsoph calculates your rental valuation

We combine checked local rental evidence, your property details and official data to estimate what a Leicester property could rent for.

Leicester market dataOfficial ONS private rent data for Leicester
Local comparablesSimilar rental listings on the same street and nearby roads
Property detailsBedrooms, bathrooms, property type and EPC register details
Market trendsLatest Leicester rental trends from the ONS

Rental valuations near Leicester

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Bellsoph rental valuations are automated estimates based on advertised rental evidence and official statistics. They are not a formal or RICS valuation or financial advice, and achieved rents depend on condition, presentation, timing and demand. Market data: ONS Price Index of Private Rents and UK House Price Index, September 2026.