RenterCheck

Renting in Peterborough

East of England

Average rent for a 2-bed in Peterborough: £825/mo

Pop. 215,0005.8% yield+4.5% YoY

Rent by Property Size

Property SizeMonthly RentAnnual
Studio£525£6,300
1-bed£650£7,800
2-bed£825£9,900
3-bed£1,025£12,300
4-bed£1,275£15,300

Visual Comparison

Studio
£525/mo
1-bed
£650/mo
2-bed
£825/mo
3-bed
£1,025/mo
4-bed
£1,275/mo
UK avg
£1,050/mo

Peterborough 2-bed rent is £225 (-21%) below the national average.

Market Overview

Rental Yield

5.8%

Rent Growth

4.5%

year on year

Demand

Medium

Avg Deposit

£952

5 weeks rent

Student Market

No

Peterborough offers affordable renting with excellent rail links to London. The city has seen significant growth and development, with new housing estates in areas like Hampton. It attracts commuters and families seeking space at lower prices.

Popular Rental Areas in Peterborough

City Centre

Popular neighbourhood in Peterborough

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Longthorpe

Popular neighbourhood in Peterborough

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Werrington

Popular neighbourhood in Peterborough

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Hampton

Popular neighbourhood in Peterborough

Check Hampton safety

Transport Links

Peterborough mainline station on the East Coast Main Line with fast services to London Kings Cross (under 50 mins).

True Cost of Renting in Peterborough

Estimated Total Monthly Cost (2-bed)

£1,204

£14,448 per year

Rent (2-bed)£825
Council Tax (Band D / 12)£149
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 Peterborough

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 Peterborough

Enter a Peterborough postcode to get a free safety and quality report on any rental property.