Rental Market of Coventry

Area selected: Coventry

Coventry

Average rent

£724

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Rent growth

1.0%

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How much is rent in Coventry?

The average rent in Coventry is £724 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 Coventry grew by £7. Compare average rent by area.

Coventry's average rent of £724 is £174 lower than the £898 average rent in England. Coventry is the 9th most expensive metropolitan district (of 36 total) based on average rent price.

The average rent growth rate in Coventry between the years ending September 2020 and September 2021 was 1.0%. If rents continue to grow at this rate, average rents will reach £753 by 2025.

The average cost of rent in Coventry varies depending on property type, prices start at £411 for a single room and rise to £1,348 for a house with four or more bedrooms.

Rental data for Coventry 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.

Coventry 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 Coventry is £625, increasing to £775 for the upper quartile rent.

Types of rental property in Coventry

Based on the 3,310 properties surveyed, the most common type of rental property within Coventry is 2 beds, which account for 39.0% 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 3.0% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.