Rental Market of Luton

Area selected: Luton

Luton

Average rent

£837

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Rent growth

3.7%

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How much is rent in Luton?

The average rent in Luton is £837 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 Luton grew by £30. Compare average rent by area.

Luton's average rent of £837 is £61 lower than the £898 average rent in England. Luton is the 24th most expensive unitary authority (of 59 total) based on average rent price.

The average rent growth rate in Luton between the years ending September 2020 and September 2021 was 3.7%. If rents continue to grow at this rate, average rents will reach £969 by 2025.

The average cost of rent in Luton varies depending on property type, prices start at £439 for a single room and rise to £1,361 for a house with four or more bedrooms.

Rental data for Luton 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.

Luton 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 Luton is £795, increasing to £900 for the upper quartile rent.

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Types of rental property in Luton

Based on the 2,460 properties surveyed, the most common type of rental property within Luton is 2 beds, which account for 31.7% 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 4.1% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.