RenterCheck

Renting in Peterborough vs Cambridge

East of EnglandvsEast of England

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 TypePeterboroughCambridgeDifference
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

Peterborough£825/mo
Cambridge£1,400/mo

Market Statistics

MetricPeterboroughCambridge
Average Yield5.8%4.2%
Rent Growth (YoY)4.5%4.5%
Demand LevelMediumVery 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

2-Bed Rent£825
Council Tax (monthly)£149
Energy (est.)£150
Water (est.)£35
Total Monthly£1,159

Cambridge

2-Bed Rent£1,400
Council Tax (monthly)£174
Energy (est.)£150
Water (est.)£35
Total Monthly£1,759

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

City CentreLongthorpeWerringtonHampton

Cambridge

Mill RoadChestertonRomseyTrumpington

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

Enter a postcode to check any rental property in Peterborough

View Peterborough Rental Guide

Properties in Cambridge

Enter a postcode to check any rental property in Cambridge

View Cambridge Rental Guide

Or check a specific property