Chelmsford rental market report
A data-led look at the Chelmsford rental market — rents, yields, demand and the trends shaping Essex.
Chelmsford at a glance
The Chelmsford rental market in Essex is active and competitive, with average rents around £1,567 pcm and rents up roughly 5.9% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across CM1, CM2, CM3.
Average rent
£1,567 pcm
Average price
£310,000
Gross yield
6.4%
Rent growth (1yr)
+5.9%
Tenant demand
High
Avg. void period
20 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £641 | £7,692 |
| 1-bed flat | £1,221 | £14,652 |
| 2-bed flat | £1,526 | £18,312 |
| 3-bed house | £1,953 | £23,436 |
| 4-bed house | £2,518 | £30,216 |
Demand insights
Tenant demand in Chelmsford is currently high. Well-presented, compliant homes typically let within 20 days, and verified tenants on DR Rent are matched to suitable Chelmsford properties as soon as they list.
Market trends
- Rents in Chelmsford are up around 5.9% year on year.
- Average property prices have changed by about 3.9% over 12 months.
- High demand is keeping average void periods near 20 days.
- Compliance standards under the Renters' Rights Act are reshaping the Essex market.
Related guides
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