The average rent in Oadby and Wigston is £766 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 Oadby and Wigston grew by £36. Compare average rent by area.
Oadby and Wigston's average rent of £766 is £132 lower than the £898 average rent in England. Oadby and Wigston is the 94th most expensive non-metropolitan district (of 181 total) based on average rent price.
The average rent growth rate in Oadby and Wigston between the years ending September 2020 and September 2021 was 4.9%. If rents continue to grow at this rate, average rents will reach £929 by 2025.
The average cost of rent in Oadby and Wigston varies depending on property type, prices start at £520 for a one bed flat and rise to £1,147 for a house with four or more bedrooms.
Rental data for Oadby and Wigston 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 Oadby and Wigston is £595, increasing to £725 for the upper quartile rent.
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Based on the 520 properties surveyed, the most common type of rental property within Oadby and Wigston is 3 beds, which account for 38.5% 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 4+ beds, which account for 11.5% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
YoY change in average Rent
YoY CHANGE in AVERAGE Rent
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