Renting in Exeter vs Plymouth
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 | Exeter | Plymouth | Difference |
|---|---|---|---|
| Studio | £650/mo | £525/mo | +£125 |
| 1-Bed | £800/mo | £650/mo | +£150 |
| 2-Bed | £1,025/mo | £825/mo | +£200 |
| 3-Bed | £1,275/mo | £1,025/mo | +£250 |
| 4-Bed | £1,550/mo | £1,275/mo | +£275 |
2-Bed Rent Comparison
Market Statistics
| Metric | Exeter | Plymouth |
|---|---|---|
| Average Yield | 5.2% | 5.8% |
| Rent Growth (YoY) | 5% | 4.5% |
| Demand Level | High | Medium |
| Average Deposit | £1,183 | £952 |
| Council Tax (Band D) | £1,960/yr | £1,882/yr |
Quick Verdict
For Affordability
Plymouth
£200/mo cheaper for a 2-bed
For Growth Potential
Exeter
5% year-on-year growth
For Investment Yield
Plymouth
5.8% average yield
Monthly Cost of Living (2-Bed)
Exeter
Plymouth
Living in Plymouth saves you approximately £206/mo on core housing costs.
Transport Links
Exeter
Exeter St Davids mainline station with services to London, Bristol, and Plymouth. Good bus network and Exeter Airport.
Plymouth
Plymouth mainline station with services to London Paddington. Ferry terminal with routes to France and Spain. City bus network.
Popular Neighbourhoods
Exeter
Plymouth
Our Verdict
Exeter and Plymouth offer different rental experiences. Plymouth is the more affordable option, with 2-bed rents averaging £825/mo compared to £1,025/mo in Exeter, saving renters £200 per month.
Exeter is seeing stronger rent growth at 5% year-on-year, which may indicate increasing demand in the area. Plymouth offers better returns for landlords at 5.8% average yield.
Both cities have significant student populations, which drives demand for house shares and smaller properties. Ultimately, the best choice depends on your work location, budget, and lifestyle priorities.
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Properties in Plymouth
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View Plymouth Rental Guide