Renting in Nottingham vs Derby
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 | Nottingham | Derby | Difference |
|---|---|---|---|
| Studio | £550/mo | £475/mo | +£75 |
| 1-Bed | £675/mo | £575/mo | +£100 |
| 2-Bed | £850/mo | £725/mo | +£125 |
| 3-Bed | £1,050/mo | £925/mo | +£125 |
| 4-Bed | £1,300/mo | £1,150/mo | +£150 |
2-Bed Rent Comparison
Market Statistics
| Metric | Nottingham | Derby |
|---|---|---|
| Average Yield | 6.5% | 6.3% |
| Rent Growth (YoY) | 5.7% | 4.8% |
| Demand Level | High | Medium |
| Average Deposit | £981 | £837 |
| Council Tax (Band D) | £2,139/yr | £1,947/yr |
Quick Verdict
For Affordability
Derby
£125/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)
Nottingham
Derby
Living in Derby saves you approximately £141/mo on core housing costs.
Transport Links
Nottingham
Nottingham mainline station, NET tram network, extensive bus routes, and East Midlands Airport nearby.
Derby
Derby mainline station with services to London, Birmingham, and Sheffield. Good road links via A38 and A50.
Popular Neighbourhoods
Nottingham
Derby
Our Verdict
Nottingham and Derby offer different rental experiences. Derby is the more affordable option, with 2-bed rents averaging £725/mo compared to £850/mo in Nottingham, saving renters £125 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 Nottingham
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View Nottingham Rental Guide