Derby rental market report
A data-led look at the Derby rental market — rents, yields, demand and the trends shaping Derbyshire.
Derby at a glance
The Derby rental market in Derbyshire is active and competitive, with average rents around £1,834 pcm and rents up roughly 5.7% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across DE1, DE22, DE23.
Average rent
£1,834 pcm
Average price
£313,000
Gross yield
5.4%
Rent growth (1yr)
+5.7%
Tenant demand
Very high
Avg. void period
23 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £750 | £9,000 |
| 1-bed flat | £1,429 | £17,148 |
| 2-bed flat | £1,786 | £21,432 |
| 3-bed house | £2,286 | £27,432 |
| 4-bed house | £2,947 | £35,364 |
Demand insights
Tenant demand in Derby is currently very high. Well-presented, compliant homes typically let within 23 days, and verified tenants on DR Rent are matched to suitable Derby properties as soon as they list.
Market trends
- Rents in Derby are up around 5.7% year on year.
- Average property prices have changed by about 2.5% over 12 months.
- Very high demand is keeping average void periods near 23 days.
- Compliance standards under the Renters' Rights Act are reshaping the Derbyshire market.
Related guides
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