Rental Market of Great Yarmouth

Area selected: Great Yarmouth

Great Yarmouth

Average rent

£603

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Rent growth

4.3%

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How much is rent in Great Yarmouth?

The average rent in Great Yarmouth is £603 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 Great Yarmouth grew by £25. Compare average rent by area.

Great Yarmouth's average rent of £603 is £295 lower than the £898 average rent in England. Great Yarmouth is the 159th most expensive non-metropolitan district (of 181 total) based on average rent price.

The average rent growth rate in Great Yarmouth between the years ending September 2020 and September 2021 was 4.3%. If rents continue to grow at this rate, average rents will reach £714 by 2025.

The average cost of rent in Great Yarmouth varies depending on property type, prices start at £387 for a single room and rise to £929 for a house with four or more bedrooms.

Rental data for Great Yarmouth 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.

Great Yarmouth 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 Great Yarmouth is £525, increasing to £625 for the upper quartile rent.

Types of rental property in Great Yarmouth

Based on the 1,550 properties surveyed, the most common type of rental property within Great Yarmouth is 2 beds, which account for 40.6% 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 0.6% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.