Rental Market of Stockton-on-Tees

Area selected: Stockton-on-Tees

Stockton-on-Tees

Average rent

£579

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Rent growth

1.6%

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How much is rent in Stockton-on-Tees?

The average rent in Stockton-on-Tees is £579 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 Stockton-on-Tees grew by £9. Compare average rent by area.

Stockton-on-Tees's average rent of £579 is £319 lower than the £898 average rent in England. Stockton-on-Tees is the 46th most expensive unitary authority (of 59 total) based on average rent price.

The average rent growth rate in Stockton-on-Tees between the years ending September 2020 and September 2021 was 1.6%. If rents continue to grow at this rate, average rents will reach £616 by 2025.

The average cost of rent in Stockton-on-Tees varies depending on property type, prices start at £429 for a one bed flat and rise to £960 for a house with four or more bedrooms.

Rental data for Stockton-on-Tees 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.

Stockton-on-Tees 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 Stockton-on-Tees is £450, increasing to £553 for the upper quartile rent.

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Types of rental property in Stockton-on-Tees

Based on the 1,640 properties surveyed, the most common type of rental property within Stockton-on-Tees is 2 beds, which account for 40.9% 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 8.5% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.