The average rent in Lincolnshire is £624 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 Lincolnshire fell by £1. Compare average rent by area.
Lincolnshire's average rent of £624 is £274 lower than the £898 average rent in England. Lincolnshire is the 21st most expensive county (of 24 total) based on average rent price.
The average rent growth rate in Lincolnshire between the years ending September 2020 and September 2021 was -0.2%. If rents continue to grow at this rate, average rents will fall to £620 by 2025.
The average cost of rent in Lincolnshire varies depending on property type, prices start at £382 for a single room and rise to £972 for a house with four or more bedrooms.
Rental data for Lincolnshire 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 Lincolnshire is £510, increasing to £650 for the upper quartile rent.
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Based on the 6,670 properties surveyed, the most common type of rental property within Lincolnshire is 2 beds, which account for 42.1% 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 1.0% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
The cheapest rents in Lincolnshire are found in East Lindsey, where the average cost of rent is £543. In the past year, rents have changed by 0.9% in East Lindsey (compared to -0.2% in Lincolnshire)
YoY change in average Rent
|1|| East Lindsey |
|2|| West Lindsey |
|3|| Boston |
|4|| Lincoln |
|5|| South Holland |
The most expensive rents in Lincolnshire are found in North Kesteven, where the average cost of rent is £683. In the past year, rents have changed by 2.2% in North Kesteven (compared to -0.2% in Lincolnshire)
YoY CHANGE in AVERAGE Rent
|1|| North Kesteven |
|2|| South Kesteven |
|3|| South Holland |
|4|| Lincoln |
|5|| Boston |
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