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Market report · Chesterfield

Chesterfield rental market report

A data-led look at the Chesterfield rental market — rents, yields, demand and the trends shaping Derbyshire.

Chesterfield at a glance

The Chesterfield rental market in Derbyshire is active and competitive, with average rents around £1,350 pcm and rents up roughly 5.3% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across S40, S41, S43.

Average rent

£1,350 pcm

Average price

£421,000

Gross yield

5.4%

Rent growth (1yr)

+5.3%

Tenant demand

Moderate

Avg. void period

14 days

Average rents by property type

Property typeAverage rent (pcm)Per year
Room / HMO£552£6,624
1-bed flat£1,052£12,624
2-bed flat£1,315£15,780
3-bed house£1,683£20,196
4-bed house£2,170£26,040

Demand insights

Tenant demand in Chesterfield is currently moderate. Well-presented, compliant homes typically let within 14 days, and verified tenants on DR Rent are matched to suitable Chesterfield properties as soon as they list.

Market trends

  • Rents in Chesterfield are up around 5.3% year on year.
  • Average property prices have changed by about 4% over 12 months.
  • Moderate demand is keeping average void periods near 14 days.
  • Compliance standards under the Renters' Rights Act are reshaping the Derbyshire market.

Related guides

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