Renting in Nottingham vs Sheffield
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 | Sheffield | Difference |
|---|---|---|---|
| Studio | £550/mo | £525/mo | +£25 |
| 1-Bed | £675/mo | £650/mo | +£25 |
| 2-Bed | £850/mo | £825/mo | +£25 |
| 3-Bed | £1,050/mo | £1,050/mo | £0 |
| 4-Bed | £1,300/mo | £1,300/mo | £0 |
2-Bed Rent Comparison
Market Statistics
| Metric | Nottingham | Sheffield |
|---|---|---|
| Average Yield | 6.5% | 6.4% |
| Rent Growth (YoY) | 5.7% | 5.5% |
| Demand Level | High | High |
| Average Deposit | £981 | £952 |
| Council Tax (Band D) | £2,139/yr | £1,956/yr |
Quick Verdict
For Affordability
Sheffield
£25/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
Sheffield
Living in Sheffield saves you approximately £40/mo on core housing costs.
Transport Links
Nottingham
Nottingham mainline station, NET tram network, extensive bus routes, and East Midlands Airport nearby.
Sheffield
Sheffield mainline station, Supertram network, bus services, and easy access to the M1 motorway.
Popular Neighbourhoods
Nottingham
Sheffield
Our Verdict
Nottingham and Sheffield offer different rental experiences. Sheffield is the more affordable option, with 2-bed rents averaging £825/mo compared to £850/mo in Nottingham, saving renters £25 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.
Check a Property
Properties in Nottingham
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View Nottingham Rental GuideProperties in Sheffield
Enter a postcode to check any rental property in Sheffield
View Sheffield Rental Guide