Renting in Colchester

East of England

Average rent for a 2-bed in Colchester: £950/mo

Pop. 193,0005.3% yield+4.5% YoY

Rent by Property Size

Property Size	Monthly Rent	Annual
Studio	£600	£7,200
1-bed	£750	£9,000
2-bed	£950	£11,400
3-bed	£1,200	£14,400
4-bed	£1,450	£17,400

Visual Comparison

Studio

£600/mo

1-bed

£750/mo

2-bed

£950/mo

3-bed

£1,200/mo

4-bed

£1,450/mo

UK avg

£1,050/mo

Colchester 2-bed rent is £100 (-10%) below the national average.

Market Overview

Rental Yield

5.3%

Rent Growth

4.5%

year on year

Demand

Medium

Avg Deposit

£1,096

5 weeks rent

Student Market

Yes

Colchester is Britain's oldest recorded town and a growing commuter destination for London workers. The University of Essex drives student demand in nearby Wivenhoe. The garrison also contributes military tenants to the rental market.

Popular Rental Areas in Colchester

Wivenhoe

Popular neighbourhood in Colchester

Check Wivenhoe safety

Lexden

Popular neighbourhood in Colchester

Check Lexden safety

Old Town

Popular neighbourhood in Colchester

Check Old Town safety

Mile End

Popular neighbourhood in Colchester

Check Mile End safety

Transport Links

Colchester mainline station with services to London Liverpool Street. Good road links via A12.

True Cost of Renting in Colchester

Estimated Total Monthly Cost (2-bed)

£1,345

£16,140 per year

Rent (2-bed)	£950
Council Tax (Band D / 12)	£165
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 Colchester