Average Monthly Rents in Leicester by Bedroom Type
The table below shows current average rents across Leicester, based on live rental listings. The 70th-percentile range gives the weekly rent band covering the middle 70% of the market.
| Bedrooms | Avg Weekly | Avg Monthly | 70% Range (weekly) | Annual Rent | Listings |
|---|---|---|---|---|---|
| 1-bed | £174/wk | £754 | £150 – £202/wk | £9,048 | 20 |
| 2-bed | £205/wk | £888 | £173 – £231/wk | £10,656 | 20 |
| 3-bed | £263/wk | £1,140 | £248 – £277/wk | £13,680 | 20 |
| 4-bed | £356/wk | £1,543 | £323 – £404/wk | £18,516 | 20 |
Source: PropertyData.co.uk (sampled from town centre). Updated April 2026.
Rent vs Yield: Which Bedroom Type Performs Best?
Higher rent does not always mean higher yield. The table below compares monthly rent against asking price to reveal which bedroom type delivers the best return on investment in Leicester.
| Bedrooms | Monthly Rent | Asking Price | Gross Yield | Annual Income |
|---|---|---|---|---|
| 1-bed BEST YIELD | £754 | £135,500 | 6.7% | £9,048 |
| 2-bed | £888 | £211,000 | 5.1% | £10,656 |
| 3-bed | £1,140 | £281,350 | 4.9% | £13,680 |
| 4-bed | £1,543 | £431,995 | 4.3% | £18,516 |
Detailed Breakdown by Bedroom Type
1-Bedroom
6.7% yield2-Bedroom
5.1% yield3-Bedroom
4.9% yield4-Bedroom
4.3% yieldWhat Landlords Should Know About Renting in Leicester
Leicester is a university town with 2 major institutions (University of Leicester, De Montfort University). Student demand creates seasonal patterns — expect peak letting activity in June–September for the academic year. HMO properties near campuses typically command premium per-room rents.
HMO licensing: Leicester City Council operates Additional Licensing in specific wards covering the main student and rental areas. Mandatory HMO licensing applies for 5+ occupant properties citywide. The council has been expanding its licensing coverage and increasing enforcement activity.
For the full investment picture — including stamp duty costs, yield analysis, and area recommendations — see our complete Leicester investment guide.
Frequently Asked Questions
Quick answers to the most common questions about this topic.
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Disclaimer: Rental data is sourced from PropertyData.co.uk and reflects current listing averages, not guaranteed achievable rents. Actual rents depend on property condition, exact location, furnishing, and market conditions at the time of letting. This does not constitute financial or investment advice.