Milton Keynes rental market report
A data-led look at the Milton Keynes rental market — rents, yields, demand and the trends shaping Buckinghamshire.
Milton Keynes at a glance
The Milton Keynes rental market in Buckinghamshire is active and competitive, with average rents around £1,722 pcm and rents up roughly 8.2% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across MK9, MK2, MK3.
Average rent
£1,722 pcm
Average price
£356,000
Gross yield
6%
Rent growth (1yr)
+8.2%
Tenant demand
High
Avg. void period
21 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £704 | £8,448 |
| 1-bed flat | £1,342 | £16,104 |
| 2-bed flat | £1,677 | £20,124 |
| 3-bed house | £2,147 | £25,764 |
| 4-bed house | £2,767 | £33,204 |
Demand insights
Tenant demand in Milton Keynes is currently high. Well-presented, compliant homes typically let within 21 days, and verified tenants on DR Rent are matched to suitable Milton Keynes properties as soon as they list.
Market trends
- Rents in Milton Keynes are up around 8.2% year on year.
- Average property prices have changed by about 3.8% over 12 months.
- High demand is keeping average void periods near 21 days.
- Compliance standards under the Renters' Rights Act are reshaping the Buckinghamshire market.
Related guides
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