Area type
County
Population
583,786
Area size
1,975km2
Room average rent
£406
Studio average rent
£502
1 bed average rent
£631
2 bed average rent
£757
3 bed average rent
£892
4+ bed average rent
£1,391
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The average rent in Warwickshire is £781 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 Warwickshire fell by . Compare average rent by area.
Warwickshire's average rent of £781 is £117 lower than the £898 average rent in England. Warwickshire is the 12th most expensive county (of 24 total) based on average rent price.
The average rent growth rate in Warwickshire between the years ending September 2020 and September 2021 was 1.8%. If rents continue to grow at this rate, average rents will reach £840 by 2025.
The average cost of rent in Warwickshire varies depending on property type, prices start at £406 for a single room and rise to £1,391 for a house with four or more bedrooms.
Rental data for Warwickshire 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 Warwickshire is £650, increasing to £830 for the upper quartile rent.
Based on the 6,060 properties surveyed, the most common type of rental property within Warwickshire is 2 beds, which account for 43.7% 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 Studios, which account for 1.5% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
Warwickshire House Prices
Warwickshire Economy
Warwickshire Salary
The cheapest rents in Warwickshire are found in Nuneaton and Bedworth, where the average cost of rent is £617. In the past year, rents have changed by -0.6% in Nuneaton and Bedworth (compared to 1.8% in Warwickshire)
Rank | Area | Average Rent | YoY change in average Rent |
|---|---|---|---|
| 1 | Nuneaton and Bedworth Non-metropolitan District | £617 | -0.6% |
| 2 | North Warwickshire Non-metropolitan District | £710 | 0.1% |
| 3 | Rugby Non-metropolitan District | £728 | 1.4% |
| 4 | Warwick Non-metropolitan District | £853 | 5.0% |
| 5 | Stratford-on-Avon Non-metropolitan District | £889 | 2.5% |
The most expensive rents in Warwickshire are found in Stratford-on-Avon, where the average cost of rent is £889. In the past year, rents have changed by 2.5% in Stratford-on-Avon (compared to 1.8% in Warwickshire)
Rank | Area | Average Rent | YoY CHANGE in AVERAGE Rent |
|---|---|---|---|
| 1 | Stratford-on-Avon Non-metropolitan District | £889 | 2.5% |
| 2 | Warwick Non-metropolitan District | £853 | 5.0% |
| 3 | Rugby Non-metropolitan District | £728 | 1.4% |
| 4 | North Warwickshire Non-metropolitan District | £710 | 0.1% |
| 5 | Nuneaton and Bedworth Non-metropolitan District | £617 | -0.6% |
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