Rental Market of Broadland

Area selected: Broadland

Broadland

Average rent

£813

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Rent growth

7.7%

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How much is rent in Broadland?

The average rent in Broadland is £813 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in Broadland grew by £58. Compare average rent by area.

Broadland's average rent of £813 is £85 lower than the £898 average rent in England. Broadland is the 85th most expensive non-metropolitan district (of 181 total) based on average rent price.

The average rent growth rate in Broadland between the years ending September 2020 and September 2021 was 7.7%. If rents continue to grow at this rate, average rents will reach £1,093 by 2025.

The average cost of rent in Broadland varies depending on property type, prices start at £531 for a studio flat and rise to £1,226 for a house with four or more bedrooms.

Rental data for Broadland is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.

Broadland rent price ranges

Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in Broadland is £650, increasing to £750 for the upper quartile rent.

Types of rental property in Broadland

Based on the 720 properties surveyed, the most common type of rental property within Broadland is 3 beds, which account for 40.3% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.

The least commonly available type of rental property is Studios, which account for 1.4% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.