Oldham rental market report
A data-led look at the Oldham rental market — rents, yields, demand and the trends shaping Greater Manchester.
Oldham at a glance
The Oldham rental market in Greater Manchester is active and competitive, with average rents around £1,341 pcm and rents up roughly 8.3% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across OL1, OL2, OL4.
Average rent
£1,341 pcm
Average price
£448,000
Gross yield
5.5%
Rent growth (1yr)
+8.3%
Tenant demand
Very high
Avg. void period
17 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £549 | £6,588 |
| 1-bed flat | £1,045 | £12,540 |
| 2-bed flat | £1,306 | £15,672 |
| 3-bed house | £1,672 | £20,064 |
| 4-bed house | £2,155 | £25,860 |
Demand insights
Tenant demand in Oldham is currently very high. Well-presented, compliant homes typically let within 17 days, and verified tenants on DR Rent are matched to suitable Oldham properties as soon as they list.
Market trends
- Rents in Oldham are up around 8.3% year on year.
- Average property prices have changed by about 3.7% over 12 months.
- Very high demand is keeping average void periods near 17 days.
- Compliance standards under the Renters' Rights Act are reshaping the Greater Manchester market.
Related guides
Stay ahead of the Oldham market
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