Belfast rental market report
A data-led look at the Belfast rental market — rents, yields, demand and the trends shaping Antrim.
Belfast at a glance
The Belfast rental market in Antrim is active and competitive, with average rents around £1,629 pcm and rents up roughly 7.2% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across BT1, BT2, BT9.
Average rent
£1,629 pcm
Average price
£511,000
Gross yield
5.8%
Rent growth (1yr)
+7.2%
Tenant demand
Very high
Avg. void period
21 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £667 | £8,004 |
| 1-bed flat | £1,270 | £15,240 |
| 2-bed flat | £1,587 | £19,044 |
| 3-bed house | £2,031 | £24,372 |
| 4-bed house | £2,619 | £31,428 |
Demand insights
Tenant demand in Belfast is currently very high. Well-presented, compliant homes typically let within 21 days, and verified tenants on DR Rent are matched to suitable Belfast properties as soon as they list.
Market trends
- Rents in Belfast are up around 7.2% year on year.
- Average property prices have changed by about 1.9% over 12 months.
- Very high demand is keeping average void periods near 21 days.
- Compliance standards under the Renters' Rights Act are reshaping the Antrim market.
Related guides
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