RenterCheck

Renting in Lincoln vs Nottingham

East MidlandsvsEast Midlands

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 TypeLincolnNottinghamDifference
Studio£450/mo£550/mo£100
1-Bed£550/mo£675/mo£125
2-Bed£700/mo£850/mo£150
3-Bed£875/mo£1,050/mo£175
4-Bed£1,100/mo£1,300/mo£200

2-Bed Rent Comparison

Lincoln£700/mo
Nottingham£850/mo

Market Statistics

MetricLincolnNottingham
Average Yield6.4%6.5%
Rent Growth (YoY)4.2%5.7%
Demand LevelMediumHigh
Average Deposit£808£981
Council Tax (Band D)£1,756/yr£2,139/yr

Quick Verdict

For Affordability

Lincoln

£150/mo cheaper for a 2-bed

For Growth Potential

Nottingham

5.7% year-on-year growth

For Investment Yield

Nottingham

6.5% average yield

Monthly Cost of Living (2-Bed)

Lincoln

2-Bed Rent£700
Council Tax (monthly)£146
Energy (est.)£150
Water (est.)£35
Total Monthly£1,031

Nottingham

2-Bed Rent£850
Council Tax (monthly)£178
Energy (est.)£150
Water (est.)£35
Total Monthly£1,213

Living in Lincoln saves you approximately £182/mo on core housing costs.

Transport Links

Lincoln

Lincoln Central station with services to Nottingham, Sheffield, and London. Bus network.

Nottingham

Nottingham mainline station, NET tram network, extensive bus routes, and East Midlands Airport nearby.

Popular Neighbourhoods

Lincoln

UphillBrayfordWest EndMonks Road

Nottingham

HockleyLace MarketWest BridgfordBeeston

Our Verdict

Lincoln and Nottingham offer different rental experiences. Lincoln is the more affordable option, with 2-bed rents averaging £700/mo compared to £850/mo in Nottingham, saving renters £150 per month.

Nottingham is seeing stronger rent growth at 5.7% year-on-year, which may indicate increasing demand in the area. Nottingham offers better returns for landlords at 6.5% 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 Lincoln

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Properties in Nottingham

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View Nottingham Rental Guide

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