Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,028 lets.
Gross yield, asking basis
4.4% 12 months to Sep 2026
2,414 lets
+0.3% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,414 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
582 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent: £1,254/month in Aug 2025 to £1,226/month in Sep 2026.Gross yield, asking basis: 3.2% in Jan 2022 to 4.2% in Sep 2026.Homes to rent: 156 in Sep 2026 to 582 in Nov 2026.Asking rent index: 82.8 in Jan 2022 to 114.8 in Sep 2026.
How does Cheltenham vary by home size?
Asking rent in Cheltenham runs from £912/month for 1 bedroom to £1,933/month for 4 bedrooms.
Asking rent by bedroom band in Cheltenham. Each band shows its own window and sample. A band with fewer than 30 dated listings in the year is not published.
Homes
Asking rent
Window
Change
Listings
1 bedroom
£912/month
12 months to Sep 2026
+8.6% on the previous 12 months
802
2 bedrooms
£1,220/month
12 months to Sep 2026
-1.5% on the previous 12 months
925
3 bedrooms
£1,538/month
12 months to Sep 2026
+2.7% on the previous 12 months
344
4 bedrooms
£1,933/month
12 months to Sep 2026 · 11 of 12 months observed
—
141
5+ bedrooms
£1,448/month
12 months to Aug 2026 · 7 of 12 months observed
—
86
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns Cheltenham?
Corporate landlords hold 60% of the 2,651 units in Cheltenham whose freeholder is classified; 96% of all units are not yet classified.
Corporate landlords60% of classified · 1,602 units
Individuals (not traceable in bulk)27% of classified · 718 units
Housing associations7.5% of classified · 200 units
RMC4.9% of classified · 131 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does Cheltenham rank?
Cheltenham ranks 4th of 6 local authorities in Gloucestershire for asking rent, at £1,253/month.
Asking rent · local authorities in Gloucestershire
Cheltenham ranks 4th of 6 local authorities in Gloucestershire for asking rent, at £1,253/month.
Asking rent across local authorities in Gloucestershire, 12 months to Sep 2026. Sample and confidence tier beside every value.
StroudNeighbouring local authority · Asking £4,438/m² · Sep 2026
Questions about Cheltenham
What is the average rent in Cheltenham?
Homes to let in Cheltenham asked a median £1,253/month over the 12 months to Sep 2026, 2,028 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Cheltenham?
4.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 2,414 lets. +0.3% on the previous 12 months.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.