Renting in Milton Keynes
South EastAverage rent for a 2-bed in Milton Keynes: £1,100/mo
Rent by Property Size
| Property Size | Monthly Rent | Annual |
|---|---|---|
| Studio | £700 | £8,400 |
| 1-bed | £850 | £10,200 |
| 2-bed | £1,100 | £13,200 |
| 3-bed | £1,375 | £16,500 |
| 4-bed | £1,700 | £20,400 |
Visual Comparison
Milton Keynes 2-bed rent is +£50 (+5%) above the national average.
Market Overview
Rental Yield
5.3%
Rent Growth
5%
year on year
Demand
Avg Deposit
£1,269
5 weeks rent
Student Market
No
Milton Keynes is a growing new town with a strong professional rental market. Fast London commute times and relative affordability drive demand. The city has newer housing stock than most UK cities, which appeals to tenants seeking modern properties.
Popular Rental Areas in Milton Keynes
Central Milton Keynes
Popular neighbourhood in Milton Keynes
Wolverton
Popular neighbourhood in Milton Keynes
Stony Stratford
Popular neighbourhood in Milton Keynes
Newport Pagnell
Popular neighbourhood in Milton Keynes
Transport Links
Milton Keynes Central station with fast services to London Euston (35 mins). Extensive grid road system and Redway cycle network.
True Cost of Renting in Milton Keynes
Estimated Total Monthly Cost (2-bed)
£1,492
£17,904 per year
| Rent (2-bed) | £1,100 |
| 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 Milton Keynes
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 Milton Keynes
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