Watford Rents and Rental Yield Data

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

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Average Rent£1,814

Per month

Monthly Rent Movement+0.1%

vs April 2026

Annual Rent Movement+4.0%

vs May 2025

Estimated Gross Yield5.6%

Based on average price

Private rent trend

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

Latest rent£1,814May 2026
Last month£1,811April 2026
Monthly change+0.1%Rent estimate
Last year£1,744May 2025
Annual change+4.0%Rent estimate
Monthly movementUp 0.1%From £1,811 last month
Annual movementUp 4.0%From £1,744 last year
Rental price commentary · Last updated June 2026

Watford’s private rental market edged higher in May 2026. The ONS Price Index of Private Rents shows the average monthly rent at £1,814.

That is up from £1,811 in April, so rents rose by 0.1% month on month. It is a small increase, but it keeps the upward trend in place.

Bedroom-Level Private Rent Evidence

one bed£1,256+4.4% annual
two bed£1,587+4.2% annual
three bed£1,808+4.4% annual
four or more bed£2,634+3.3% 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 Watford. 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 Watford buy-to-let areas.