Renting in Newcastle upon Tyne

North East

Average rent for a 2-bed in Newcastle upon Tyne: £850/mo

Pop. 302,0006.7% yield+5.3% YoY

Rent by Property Size

Property Size	Monthly Rent	Annual
Studio	£550	£6,600
1-bed	£675	£8,100
2-bed	£850	£10,200
3-bed	£1,050	£12,600
4-bed	£1,300	£15,600

Visual Comparison

Studio

£550/mo

1-bed

£675/mo

2-bed

£850/mo

3-bed

£1,050/mo

4-bed

£1,300/mo

UK avg

£1,050/mo

Newcastle upon Tyne 2-bed rent is £200 (-19%) below the national average.

Market Overview

Rental Yield

6.7%

Rent Growth

5.3%

year on year

Demand

High

Avg Deposit

£981

5 weeks rent

Student Market

Yes

Newcastle offers affordable renting with excellent transport links and a vibrant cultural scene. The city attracts a large student population, and areas like Jesmond and Ouseburn have strong demand from young professionals. Rental yields are above the national average.

Popular Rental Areas in Newcastle upon Tyne

Jesmond

Popular neighbourhood in Newcastle upon Tyne

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Ouseburn

Popular neighbourhood in Newcastle upon Tyne

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Heaton

Popular neighbourhood in Newcastle upon Tyne

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Quayside

Popular neighbourhood in Newcastle upon Tyne

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Transport Links

Newcastle Central mainline station, Tyne and Wear Metro, extensive bus network, and Newcastle Airport.

True Cost of Renting in Newcastle upon Tyne

Estimated Total Monthly Cost (2-bed)

£1,260

£15,120 per year

Rent (2-bed)	£850
Council Tax (Band D / 12)	£180
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 Newcastle upon Tyne

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