Renting in Lincoln 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 | Lincoln | Peterborough | Difference |
|---|---|---|---|
| Studio | £450/mo | £525/mo | £75 |
| 1-Bed | £550/mo | £650/mo | £100 |
| 2-Bed | £700/mo | £825/mo | £125 |
| 3-Bed | £875/mo | £1,025/mo | £150 |
| 4-Bed | £1,100/mo | £1,275/mo | £175 |
2-Bed Rent Comparison
Market Statistics
| Metric | Lincoln | Peterborough |
|---|---|---|
| Average Yield | 6.4% | 5.8% |
| Rent Growth (YoY) | 4.2% | 4.5% |
| Demand Level | Medium | Medium |
| Average Deposit | £808 | £952 |
| Council Tax (Band D) | £1,756/yr | £1,788/yr |
Quick Verdict
For Affordability
Lincoln
£125/mo cheaper for a 2-bed
For Growth Potential
Peterborough
4.5% year-on-year growth
For Investment Yield
Lincoln
6.4% average yield
Monthly Cost of Living (2-Bed)
Lincoln
Peterborough
Living in Lincoln saves you approximately £128/mo on core housing costs.
Transport Links
Lincoln
Lincoln Central station with services to Nottingham, Sheffield, and London. Bus network.
Peterborough
Peterborough mainline station on the East Coast Main Line with fast services to London Kings Cross (under 50 mins).
Popular Neighbourhoods
Lincoln
Peterborough
Our Verdict
Lincoln and Peterborough offer different rental experiences. Lincoln is the more affordable option, with 2-bed rents averaging £700/mo compared to £825/mo in Peterborough, saving renters £125 per month.
Peterborough is seeing stronger rent growth at 4.5% year-on-year, which may indicate increasing demand in the area. Lincoln offers better returns for landlords at 6.4% average yield.
Lincoln 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 Lincoln
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View Lincoln Rental GuideProperties in Peterborough
Enter a postcode to check any rental property in Peterborough
View Peterborough Rental Guide