Cardiff rental market report
A data-led look at the Cardiff rental market — rents, yields, demand and the trends shaping Cardiff.
Cardiff at a glance
The Cardiff rental market in Cardiff is active and competitive, with average rents around £1,546 pcm and rents up roughly 8% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across CF10, CF11, CF24.
Average rent
£1,546 pcm
Average price
£480,000
Gross yield
5.8%
Rent growth (1yr)
+8%
Tenant demand
Moderate
Avg. void period
22 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £633 | £7,596 |
| 1-bed flat | £1,205 | £14,460 |
| 2-bed flat | £1,506 | £18,072 |
| 3-bed house | £1,928 | £23,136 |
| 4-bed house | £2,485 | £29,820 |
Demand insights
Tenant demand in Cardiff is currently moderate. Well-presented, compliant homes typically let within 22 days, and verified tenants on DR Rent are matched to suitable Cardiff properties as soon as they list.
Market trends
- Rents in Cardiff are up around 8% year on year.
- Average property prices have changed by about 1.5% over 12 months.
- Moderate demand is keeping average void periods near 22 days.
- Compliance standards under the Renters' Rights Act are reshaping the Cardiff market.
Related guides
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