Craigavon rental market report
A data-led look at the Craigavon rental market — rents, yields, demand and the trends shaping Armagh.
Craigavon at a glance
The Craigavon rental market in Armagh is active and competitive, with average rents around £1,779 pcm and rents up roughly 8.3% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across BT63, BT64, BT65.
Average rent
£1,779 pcm
Average price
£320,000
Gross yield
5.2%
Rent growth (1yr)
+8.3%
Tenant demand
High
Avg. void period
20 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £728 | £8,736 |
| 1-bed flat | £1,386 | £16,632 |
| 2-bed flat | £1,733 | £20,796 |
| 3-bed house | £2,218 | £26,616 |
| 4-bed house | £2,859 | £34,308 |
Demand insights
Tenant demand in Craigavon is currently high. Well-presented, compliant homes typically let within 20 days, and verified tenants on DR Rent are matched to suitable Craigavon properties as soon as they list.
Market trends
- Rents in Craigavon are up around 8.3% year on year.
- Average property prices have changed by about 1.9% over 12 months.
- High demand is keeping average void periods near 20 days.
- Compliance standards under the Renters' Rights Act are reshaping the Armagh market.
Related guides
Stay ahead of the Craigavon market
DR Rent helps landlords let faster and stay compliant across the UK.