Renting in Cheltenham
South WestAverage rent for a 2-bed in Cheltenham: £1,025/mo
Rent by Property Size
| Property Size | Monthly Rent | Annual |
|---|---|---|
| Studio | £650 | £7,800 |
| 1-bed | £800 | £9,600 |
| 2-bed | £1,025 | £12,300 |
| 3-bed | £1,300 | £15,600 |
| 4-bed | £1,600 | £19,200 |
Visual Comparison
Cheltenham 2-bed rent is £25 (-2%) below the national average.
Market Overview
Rental Yield
4.8%
Rent Growth
4.5%
year on year
Demand
Avg Deposit
£1,183
5 weeks rent
Student Market
No
Cheltenham is an elegant Regency town with a strong professional rental market driven by GCHQ, financial services, and the festivals circuit. Montpellier is the premium area, while outer suburbs offer better value for families.
Popular Rental Areas in Cheltenham
Montpellier
Popular neighbourhood in Cheltenham
Pittville
Popular neighbourhood in Cheltenham
Leckhampton
Popular neighbourhood in Cheltenham
Charlton Kings
Popular neighbourhood in Cheltenham
Transport Links
Cheltenham Spa mainline station with services to London, Birmingham, and Bristol. Bus network.
True Cost of Renting in Cheltenham
Estimated Total Monthly Cost (2-bed)
£1,412
£16,944 per year
| Rent (2-bed) | £1,025 |
| Council Tax (Band D / 12) | £157 |
| Energy (est.) | £130 |
| Water (est.) | £70 |
| Broadband (est.) | £30 |
Estimates based on UK averages. Use our Cost Calculator for a personalised breakdown.
Tenant Rights in Cheltenham
As a tenant in England, you have rights under the Housing Act 1988, the Deregulation Act 2015, and more recent Renters Reform legislation. Your landlord must protect your deposit, provide gas safety certificates, and maintain the property to a habitable standard.
Nearby Areas
Check a Property in Cheltenham
Enter a Cheltenham postcode to get a free safety and quality report on any rental property.