Southampton rental market report
A data-led look at the Southampton rental market — rents, yields, demand and the trends shaping Hampshire.
Southampton at a glance
The Southampton rental market in Hampshire is active and competitive, with average rents around £1,704 pcm and rents up roughly 6.6% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across SO14, SO15, SO16.
Average rent
£1,704 pcm
Average price
£414,000
Gross yield
6%
Rent growth (1yr)
+6.6%
Tenant demand
High
Avg. void period
16 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £697 | £8,364 |
| 1-bed flat | £1,328 | £15,936 |
| 2-bed flat | £1,660 | £19,920 |
| 3-bed house | £2,125 | £25,500 |
| 4-bed house | £2,739 | £32,868 |
Demand insights
Tenant demand in Southampton is currently high. Well-presented, compliant homes typically let within 16 days, and verified tenants on DR Rent are matched to suitable Southampton properties as soon as they list.
Market trends
- Rents in Southampton are up around 6.6% year on year.
- Average property prices have changed by about 2% over 12 months.
- High demand is keeping average void periods near 16 days.
- Compliance standards under the Renters' Rights Act are reshaping the Hampshire market.
Related guides
Stay ahead of the Southampton market
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