Preston Rents and Rental Yield Data

ONS private rents, bedroom-level rent evidence, indicative gross yield and district-level rental screening for Preston buy-to-let research.

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Average Rent£782

Per month

Monthly Rent Movement+0.3%

vs April 2026

Annual Rent Movement+7.2%

vs May 2025

Estimated Gross Yield4.9%

Based on average price

Private rent trend

All homes ONS Price Index of Private Rents series, last 5Y.

Latest rent£782May 2026
Last month£780April 2026
Monthly change+0.3%Rent estimate
Last year£730May 2025
Annual change+7.2%Rent estimate
Monthly movementUp 0.3%From £780 last month
Annual movementUp 7.2%From £730 last year
Rental price commentary · Last updated June 2026

Preston’s private rental market continued to edge higher in May 2026, according to the ONS Price Index of Private Rents. The average rent reached £782.

That was up from £780 in April, a month-on-month rise of 0.3%. It also sits well above the £730 recorded in May 2025.

Bedroom-Level Private Rent Evidence

one bed£573+7.5% annual
two bed£723+7.3% annual
three bed£849+7.4% annual
four or more bed£1,240+6.2% annual

Indicative Yield By Postcode District

This uses local authority-wide ONS average rent against district median sold prices. Treat it as a screening signal, not a property valuation.

District-level rental yield screening is waiting for approved postcode district coverage for Preston. The local authority-wide rent and price signals remain available above.

Rental Yield Is Income Divided By Property Price

Gross rental yield is estimated as annual rent divided by purchase price. It does not include mortgage costs, maintenance, voids, tax, management fees or capital growth. Use it alongside postcode evidence, sales volume and regeneration context before comparing Preston buy-to-let areas.