Renting in Cambridge vs Peterborough
Side-by-side comparison of rental costs, market conditions, and living expenses to help you decide where to rent.
Rent Comparison by Property Size
| Property Type | Cambridge | Peterborough | Difference |
|---|---|---|---|
| Studio | £900/mo | £525/mo | +£375 |
| 1-Bed | £1,100/mo | £650/mo | +£450 |
| 2-Bed | £1,400/mo | £825/mo | +£575 |
| 3-Bed | £1,750/mo | £1,025/mo | +£725 |
| 4-Bed | £2,150/mo | £1,275/mo | +£875 |
2-Bed Rent Comparison
Market Statistics
| Metric | Cambridge | Peterborough |
|---|---|---|
| Average Yield | 4.2% | 5.8% |
| Rent Growth (YoY) | 4.5% | 4.5% |
| Demand Level | Very High | Medium |
| Average Deposit | £1,615 | £952 |
| Council Tax (Band D) | £2,091/yr | £1,788/yr |
Quick Verdict
For Affordability
Peterborough
£575/mo cheaper for a 2-bed
For Growth Potential
Cambridge
4.5% year-on-year growth
For Investment Yield
Peterborough
5.8% average yield
Monthly Cost of Living (2-Bed)
Cambridge
Peterborough
Living in Peterborough saves you approximately £600/mo on core housing costs.
Transport Links
Cambridge
Cambridge mainline station with fast services to London Kings Cross. Guided busway and extensive cycling infrastructure.
Peterborough
Peterborough mainline station on the East Coast Main Line with fast services to London Kings Cross (under 50 mins).
Popular Neighbourhoods
Cambridge
Peterborough
Our Verdict
Cambridge and Peterborough offer different rental experiences. Peterborough is the more affordable option, with 2-bed rents averaging £825/mo compared to £1,400/mo in Cambridge, saving renters £575 per month.
Cambridge is seeing stronger rent growth at 4.5% year-on-year, which may indicate increasing demand in the area. Peterborough offers better returns for landlords at 5.8% average yield.
Cambridge has a notable student population that adds to rental demand, while Peterborough has a more professional tenant base. Ultimately, the best choice depends on your work location, budget, and lifestyle priorities.
Check a Property
Properties in Cambridge
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View Cambridge Rental GuideProperties in Peterborough
Enter a postcode to check any rental property in Peterborough
View Peterborough Rental Guide