RenterCheck

Renting in Cambridge vs Peterborough

East of EnglandvsEast of England

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 TypeCambridgePeterboroughDifference
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

Cambridge£1,400/mo
Peterborough£825/mo

Market Statistics

MetricCambridgePeterborough
Average Yield4.2%5.8%
Rent Growth (YoY)4.5%4.5%
Demand LevelVery HighMedium
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

2-Bed Rent£1,400
Council Tax (monthly)£174
Energy (est.)£150
Water (est.)£35
Total Monthly£1,759

Peterborough

2-Bed Rent£825
Council Tax (monthly)£149
Energy (est.)£150
Water (est.)£35
Total Monthly£1,159

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

Mill RoadChestertonRomseyTrumpington

Peterborough

City CentreLongthorpeWerringtonHampton

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

Enter a postcode to check any rental property in Cambridge

View Cambridge Rental Guide

Properties in Peterborough

Enter a postcode to check any rental property in Peterborough

View Peterborough Rental Guide

Or check a specific property