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  • England and Wales
  • England
  • North West
  • Lancashire
  • Burnley
  • Chorley
  • Fylde
  • Hyndburn
  • Lancaster
  • Pendle
  • Preston
  • Ribble Valley
  • Rossendale
  • South Ribble
  • West Lancashire
  • Wyre

Rental Market of Lancashire

Area selected: Lancashire
  • England and Wales
  • England
  • North West
  • Lancashire
  • Burnley
  • Chorley
  • Fylde
  • Hyndburn
  • Lancaster
  • Pendle
  • Preston
  • Ribble Valley
  • Rossendale
  • South Ribble
  • West Lancashire
  • Wyre
Home
Average rent
£604

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Stats Chart
Rent growth
4.7%

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Business
Most popular type
2 bed (47.2%)

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Average Rent
Rent Growth
Area type
County
Population
1,236,035
Area size
2,903km2
Room average rent
£389
Studio average rent
£389
1 bed average rent
£466
2 bed average rent
£569
3 bed average rent
£684
4+ bed average rent
£994

How much is rent in Lancashire?

The average rent in Lancashire is £604 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2021 and September 2022. Between the years ending September 2021 and September 2022, average rents in Lancashire grew by £27. Compare average rent by area.

Lancashire's average rent of £604 is £342 lower than the £946 average rent in England. Lancashire is the 23rd most expensive county (of 24 total) based on average rent price.

The average rent growth rate in Lancashire between the years ending September 2021 and September 2022 was 4.7%. If rents continue to grow at this rate, average rents will reach £725 by 2025.

The average cost of rent in Lancashire varies depending on property type, prices start at £389 for a single room and rise to £994 for a house with four or more bedrooms.

Rental data for Lancashire 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.

Lancashire 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 Lancashire is £495, increasing to £625 for the upper quartile rent.

Types of rental property in Lancashire

Based on the 10,950 properties surveyed, the most common type of rental property within Lancashire is 2 beds, which account for 47.2% of properties. In England, the most common type of property is 2 bed flats, which account for 38.6% of the rental market stock.

The least commonly available type of rental property is Studios, which account for 0.9% of properties. In England, the least common type of property is Studio flats, which account for 2.2% of the rental market stock.

  • Room: 500 rental properties or 4.6%
  • Studio: 100 rental properties or 0.9%
  • 1 bed: 1,480 rental properties or 13.5%
  • 2 bed: 5,170 rental properties or 47.2%
  • 3 bed: 3,020 rental properties or 27.6%
  • 4+ bed: 680 rental properties or 6.2%
Home
Average property price
£196,307

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Pie Chart
GDP
£ 31 billion

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Cash
Average salary
£34,372

Lancashire Salary Arrow Forward

Cheapest areas to rent in Lancashire

The cheapest rents in Lancashire are found in Burnley, where the average cost of rent is £488. In the past year, rents have changed by 1.2% in Burnley (compared to 4.7% in Lancashire)

Rank
Area
Average Rent
YoY change in average Rent
1 Burnley
Non-metropolitan District
£488 1.2%
2 Hyndburn
Non-metropolitan District
£500 3.1%
3 Pendle
Non-metropolitan District
£526 6.9%
4 Preston
Non-metropolitan District
£583 3.4%
5 Rossendale
Non-metropolitan District
£585 4.3%
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Most expensive area to rent in Lancashire

The most expensive rents in Lancashire are found in Ribble Valley, where the average cost of rent is £726. In the past year, rents have changed by 3.3% in Ribble Valley (compared to 4.7% in Lancashire)

Rank
Area
Average Rent
YoY CHANGE in AVERAGE Rent
1 Ribble Valley
Non-metropolitan District
£726 3.3%
2 Fylde
Non-metropolitan District
£678 9.4%
3 Chorley
Non-metropolitan District
£647 5.5%
4 South Ribble
Non-metropolitan District
£640 4.1%
5 West Lancashire
Non-metropolitan District
£639 11.7%
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Discover more

Areas near Lancashire

Local Authority
Blackburn with Darwen
average rent £513
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Local Authority
Blackpool
average rent £543
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Local Authority
Cheshire East
average rent £821
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Local Authority
Cheshire West and Chester
average rent £705
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County
Cumbria
average rent £565
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County
Greater Manchester
average rent £723
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County
Merseyside
average rent £618
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Local Authority
Halton
average rent £556
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Local Authority
Warrington
average rent £663
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Areas in Lancashire

District
Burnley
average rent £482
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District
Chorley
average rent £613
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District
Fylde
average rent £620
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District
Hyndburn
average rent £485
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District
Lancaster
average rent £604
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District
Rossendale
average rent £561
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District
South Ribble
average rent £615
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District
West Lancashire
average rent £572
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District
Wyre
average rent £596
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District
Pendle
average rent £492
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District
Preston
average rent £564
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District
Ribble Valley
average rent £703
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics

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