Renting in Derby

East Midlands

Average rent for a 2-bed in Derby: £725/mo

Pop. 259,0006.3% yield+4.8% YoY

Rent by Property Size

Property Size	Monthly Rent	Annual
Studio	£475	£5,700
1-bed	£575	£6,900
2-bed	£725	£8,700
3-bed	£925	£11,100
4-bed	£1,150	£13,800

Visual Comparison

Studio

£475/mo

1-bed

£575/mo

2-bed

£725/mo

3-bed

£925/mo

4-bed

£1,150/mo

UK avg

£1,050/mo

Derby 2-bed rent is £325 (-31%) below the national average.

Market Overview

Rental Yield

6.3%

Rent Growth

4.8%

year on year

Demand

Medium

Avg Deposit

£837

5 weeks rent

Student Market

Yes

Derby is an affordable Midlands city anchored by Rolls-Royce and other engineering firms. The rental market is steady, with good yields in suburban areas. The university adds some student demand, but the market is primarily driven by professionals and families.

Popular Rental Areas in Derby

Allestree

Popular neighbourhood in Derby

Check Allestree safety

Darley Abbey

Popular neighbourhood in Derby

Check Darley Abbey safety

Littleover

Popular neighbourhood in Derby

Check Littleover safety

Mickleover

Popular neighbourhood in Derby

Check Mickleover safety

Transport Links

Derby mainline station with services to London, Birmingham, and Sheffield. Good road links via A38 and A50.

True Cost of Renting in Derby

Estimated Total Monthly Cost (2-bed)

£1,117

£13,404 per year

Rent (2-bed)	£725
Council Tax (Band D / 12)	£162
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 Derby

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.

Know Your Rights Check Your Landlord