Nottingham rental market report
A data-led look at the Nottingham rental market — rents, yields, demand and the trends shaping Nottinghamshire.
Nottingham at a glance
The Nottingham rental market in Nottinghamshire is active and competitive, with average rents around £1,844 pcm and rents up roughly 6.2% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across NG1, NG2, NG7.
Average rent
£1,844 pcm
Average price
£397,000
Gross yield
5.1%
Rent growth (1yr)
+6.2%
Tenant demand
High
Avg. void period
20 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £754 | £9,048 |
| 1-bed flat | £1,437 | £17,244 |
| 2-bed flat | £1,796 | £21,552 |
| 3-bed house | £2,299 | £27,588 |
| 4-bed house | £2,963 | £35,556 |
Demand insights
Tenant demand in Nottingham is currently high. Well-presented, compliant homes typically let within 20 days, and verified tenants on DR Rent are matched to suitable Nottingham properties as soon as they list.
Market trends
- Rents in Nottingham are up around 6.2% year on year.
- Average property prices have changed by about 3% over 12 months.
- High demand is keeping average void periods near 20 days.
- Compliance standards under the Renters' Rights Act are reshaping the Nottinghamshire market.
Related guides
Stay ahead of the Nottingham market
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