Renting in Nottingham

East Midlands

Average rent for a 2-bed in Nottingham: £850/mo

Pop. 337,0006.5% yield+5.7% 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

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

Market Overview

Rental Yield

6.5%

Rent Growth

5.7%

year on year

Demand

High

Avg Deposit

£981

5 weeks rent

Student Market

Yes

Nottingham is a major student city with two universities driving consistent rental demand. The Lace Market and Hockley areas are popular with professionals, while family homes in West Bridgford command higher rents. The city offers good yields and steady growth.

Popular Rental Areas in Nottingham

Hockley

Popular neighbourhood in Nottingham

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Lace Market

Popular neighbourhood in Nottingham

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West Bridgford

Popular neighbourhood in Nottingham

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Beeston

Popular neighbourhood in Nottingham

Check Beeston safety

Transport Links

Nottingham mainline station, NET tram network, extensive bus routes, and East Midlands Airport nearby.

True Cost of Renting in Nottingham

Estimated Total Monthly Cost (2-bed)

£1,258

£15,096 per year

Rent (2-bed)	£850
Council Tax (Band D / 12)	£178
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 Nottingham

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