Halifax rental market report
A data-led look at the Halifax rental market — rents, yields, demand and the trends shaping West Yorkshire.
Halifax at a glance
The Halifax rental market in West Yorkshire is active and competitive, with average rents around £1,594 pcm and rents up roughly 5.4% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across HX1, HX2, HX3.
Average rent
£1,594 pcm
Average price
£303,000
Gross yield
5.7%
Rent growth (1yr)
+5.4%
Tenant demand
Very high
Avg. void period
14 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £652 | £7,824 |
| 1-bed flat | £1,242 | £14,904 |
| 2-bed flat | £1,553 | £18,636 |
| 3-bed house | £1,988 | £23,856 |
| 4-bed house | £2,562 | £30,744 |
Demand insights
Tenant demand in Halifax is currently very high. Well-presented, compliant homes typically let within 14 days, and verified tenants on DR Rent are matched to suitable Halifax properties as soon as they list.
Market trends
- Rents in Halifax are up around 5.4% year on year.
- Average property prices have changed by about 2.5% over 12 months.
- Very high demand is keeping average void periods near 14 days.
- Compliance standards under the Renters' Rights Act are reshaping the West Yorkshire market.
Related guides
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