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Market report · Wolverhampton

Wolverhampton rental market report

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

Wolverhampton at a glance

The Wolverhampton rental market in West Midlands is active and competitive, with average rents around £1,373 pcm and rents up roughly 6.7% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across WV1, WV2, WV3.

Average rent

£1,373 pcm

Average price

£509,000

Gross yield

6.4%

Rent growth (1yr)

+6.7%

Tenant demand

Moderate

Avg. void period

15 days

Average rents by property type

Property typeAverage rent (pcm)Per year
Room / HMO£562£6,744
1-bed flat£1,070£12,840
2-bed flat£1,337£16,044
3-bed house£1,711£20,532
4-bed house£2,206£26,472

Demand insights

Tenant demand in Wolverhampton is currently moderate. Well-presented, compliant homes typically let within 15 days, and verified tenants on DR Rent are matched to suitable Wolverhampton properties as soon as they list.

Market trends

  • Rents in Wolverhampton are up around 6.7% year on year.
  • Average property prices have changed by about 3.6% over 12 months.
  • Moderate demand is keeping average void periods near 15 days.
  • Compliance standards under the Renters' Rights Act are reshaping the West Midlands market.

Related guides

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