Renting in Peterborough vs Cambridge
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 | Peterborough | Cambridge | Difference |
|---|---|---|---|
| Studio | £525/mo | £900/mo | £375 |
| 1-Bed | £650/mo | £1,100/mo | £450 |
| 2-Bed | £825/mo | £1,400/mo | £575 |
| 3-Bed | £1,025/mo | £1,750/mo | £725 |
| 4-Bed | £1,275/mo | £2,150/mo | £875 |
2-Bed Rent Comparison
Market Statistics
| Metric | Peterborough | Cambridge |
|---|---|---|
| Average Yield | 5.8% | 4.2% |
| Rent Growth (YoY) | 4.5% | 4.5% |
| Demand Level | Medium | Very High |
| Average Deposit | £952 | £1,615 |
| Council Tax (Band D) | £1,788/yr | £2,091/yr |
Quick Verdict
For Affordability
Peterborough
£575/mo cheaper for a 2-bed
For Growth Potential
Peterborough
4.5% year-on-year growth
For Investment Yield
Peterborough
5.8% average yield
Monthly Cost of Living (2-Bed)
Peterborough
Cambridge
Living in Peterborough saves you approximately £600/mo on core housing costs.
Transport Links
Peterborough
Peterborough mainline station on the East Coast Main Line with fast services to London Kings Cross (under 50 mins).
Cambridge
Cambridge mainline station with fast services to London Kings Cross. Guided busway and extensive cycling infrastructure.
Popular Neighbourhoods
Peterborough
Cambridge
Our Verdict
Peterborough and Cambridge offer different rental experiences. Peterborough is the more affordable option, with 2-bed rents averaging £825/mo compared to £1,400/mo in Cambridge, saving renters £575 per month.
Peterborough is seeing stronger rent growth at 4.5% year-on-year, which may indicate increasing demand in the area. Peterborough offers better returns for landlords at 5.8% average yield.
Cambridge 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 Peterborough
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View Peterborough Rental GuideProperties in Cambridge
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View Cambridge Rental Guide