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The average rent in Hertfordshire is £1,165 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 Hertfordshire fell by . Compare average rent by area.
Hertfordshire's average rent of £1,165 is £267 higher than the £898 average rent in England. Hertfordshire is the 3rd most expensive county (of 24 total) based on average rent price.
The average rent growth rate in Hertfordshire between the years ending September 2020 and September 2021 was 8.3%. If rents continue to grow at this rate, average rents will reach £1,601 by 2025.
The average cost of rent in Hertfordshire varies depending on property type, prices start at £484 for a single room and rise to £1,979 for a house with four or more bedrooms.
Rental data for Hertfordshire 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.
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 Hertfordshire is £975, increasing to £1,250 for the upper quartile rent.
Based on the 9,130 properties surveyed, the most common type of rental property within Hertfordshire is 2 beds, which account for 42.8% 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 Single Rooms, which account for 2.1% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
Hertfordshire House Prices
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Hertfordshire Salary
The cheapest rents in Hertfordshire are found in Stevenage, where the average cost of rent is £922. In the past year, rents have changed by 7.8% in Stevenage (compared to 8.3% in Hertfordshire)
Rank | Area | Average Rent | YoY change in average Rent |
---|---|---|---|
1 | Stevenage Non-metropolitan District | £922 | 7.8% |
2 | North Hertfordshire Non-metropolitan District | £1,009 | 8.4% |
3 | Broxbourne Non-metropolitan District | £1,099 | 2.7% |
4 | East Hertfordshire Non-metropolitan District | £1,136 | 8.6% |
5 | Dacorum Non-metropolitan District | £1,158 | -0.2% |
The most expensive rents in Hertfordshire are found in St Albans, where the average cost of rent is £1,369. In the past year, rents have changed by 8.1% in St Albans (compared to 8.3% in Hertfordshire)
Rank | Area | Average Rent | YoY CHANGE in AVERAGE Rent |
---|---|---|---|
1 | St Albans Non-metropolitan District | £1,369 | 8.1% |
2 | Hertsmere Non-metropolitan District | £1,325 | 3.4% |
3 | Three Rivers Non-metropolitan District | £1,299 | 5.2% |
4 | Watford Non-metropolitan District | £1,164 | 5.2% |
5 | Welwyn Hatfield Non-metropolitan District | £1,162 | 6.7% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics