Milton Keynes Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Milton Keynes market at a glance
Page refreshed 5 July 2026Average house price£318,038
MoM -1.6%YoY -3.0%
Average private rent£1,336
MoM +0.3%YoY +3.5%
Median annual pay£42,520ASHE 2025
Employment rate78.9%Aged 16-64
What this means
Milton Keynes house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £318,038 in April 2026, 1.6% down over the month and 3.0% down over the year.
Monthly movementDown 1.6%From £323,262 last month
Annual movementDown 3.0%From £327,787 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £327,106 | Monthly: -0.2% | Annual: +6.7% |
| Month: June 2025 | Average: £324,718 | Monthly: -0.7% | Annual: +5.3% |
| Month: July 2025 | Average: £321,162 | Monthly: -1.1% | Annual: +2.7% |
| Month: August 2025 | Average: £321,459 | Monthly: +0.1% | Annual: +2.3% |
| Month: September 2025 | Average: £318,782 | Monthly: -0.8% | Annual: +0.4% |
| Month: October 2025 | Average: £325,329 | Monthly: +2.1% | Annual: +0.9% |
| Month: November 2025 | Average: £324,224 | Monthly: -0.3% | Annual: +0.1% |
| Month: December 2025 | Average: £326,541 | Monthly: +0.7% | Annual: +1.2% |
| Month: January 2026 | Average: £321,033 | Monthly: -1.7% | Annual: -0.2% |
| Month: February 2026 | Average: £322,949 | Monthly: +0.6% | Annual: +0.1% |
| Month: March 2026 | Average: £323,262 | Monthly: +0.1% | Annual: -1.2% |
| Month: April 2026 | Average: £318,038 | Monthly: -1.6% | Annual: -3.0% |
Continue Milton Keynes Research
House Prices And Sold-Price Evidence
UK HPI shows £318,038 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,336 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £42,520 and helps compare local affordability.
Open pageMilton Keynes Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Milton Keynes market commentary
What the latest official data may mean for buyers, renters and investors.
According to the latest UK House Price Index, the average home in Milton Keynes was priced at £318,038 in April 2026. That is down 1.6% from March, when the average stood at £323,262.
It is also 3.0% lower than a year earlier, showing that prices have softened over the past 12 months.
Milton Keynes rents continued to edge up in May 2026, according to the ONS Price Index of Private Rents. The average private rent reached £1,336.
That was up from £1,332 in April, a monthly rise of 0.34%. It also leaves rents 3.54% higher than a year earlier, when the average was £1,291.
Milton Keynes had an estimated resident population of 305,884 in 2024. That is a sizeable city base for a local labour market, and it helps explain why the area tends to have a broad mix of occupations and household incomes.
The latest ONS and Nomis figures show a strong employment picture.