Hemel Hempstead rental market report
A data-led look at the Hemel Hempstead rental market — rents, yields, demand and the trends shaping Hertfordshire.
Hemel Hempstead at a glance
The Hemel Hempstead rental market in Hertfordshire is active and competitive, with average rents around £1,392 pcm and rents up roughly 6.3% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across HP1, HP2, HP3.
Average rent
£1,392 pcm
Average price
£350,000
Gross yield
5.9%
Rent growth (1yr)
+6.3%
Tenant demand
Very high
Avg. void period
18 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £570 | £6,840 |
| 1-bed flat | £1,085 | £13,020 |
| 2-bed flat | £1,356 | £16,272 |
| 3-bed house | £1,736 | £20,832 |
| 4-bed house | £2,237 | £26,844 |
Demand insights
Tenant demand in Hemel Hempstead is currently very high. Well-presented, compliant homes typically let within 18 days, and verified tenants on DR Rent are matched to suitable Hemel Hempstead properties as soon as they list.
Market trends
- Rents in Hemel Hempstead are up around 6.3% year on year.
- Average property prices have changed by about 3.5% over 12 months.
- Very high demand is keeping average void periods near 18 days.
- Compliance standards under the Renters' Rights Act are reshaping the Hertfordshire market.
Related guides
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