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Market report · Leeds

Leeds rental market report

A data-led look at the Leeds rental market — rents, yields, demand and the trends shaping West Yorkshire.

Leeds at a glance

The Leeds rental market in West Yorkshire is active and competitive, with average rents around £1,691 pcm and rents up roughly 7.9% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across LS1, LS2, LS6.

Average rent

£1,691 pcm

Average price

£305,000

Gross yield

6.1%

Rent growth (1yr)

+7.9%

Tenant demand

Moderate

Avg. void period

24 days

Average rents by property type

Property typeAverage rent (pcm)Per year
Room / HMO£692£8,304
1-bed flat£1,318£15,816
2-bed flat£1,647£19,764
3-bed house£2,108£25,296
4-bed house£2,718£32,616

Demand insights

Tenant demand in Leeds is currently moderate. Well-presented, compliant homes typically let within 24 days, and verified tenants on DR Rent are matched to suitable Leeds properties as soon as they list.

Market trends

  • Rents in Leeds are up around 7.9% year on year.
  • Average property prices have changed by about 3.7% over 12 months.
  • Moderate demand is keeping average void periods near 24 days.
  • Compliance standards under the Renters' Rights Act are reshaping the West Yorkshire market.

Related guides

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