marketcodeAsking rent
£1,002 a month 12 months to Jul 2026
1,176 lets
Local authority
Isle of Wight rental market
Asking rent £1,002 a month · Gross yield 4.4% · 12 months, listings to Aug 2026
What does Isle of Wight earn?
Isle of Wight: asking rent £1,002 a month (12 months to Jul 2026, 1,176 lets).
Gross yield, asking basis
4.4% 12 months to Aug 2026
1,911 lets
+5.5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
379 on 22 Sep 2026
How does Isle of Wight vary by home size?
Asking rent in Isle of Wight runs from £716 a month for 1 bedroom to £1,923 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £716 a month | 12 months to Aug 2026 | +1.2% on the previous 12 months | 416 |
| 2 bedrooms | £913 a month | 12 months to Aug 2026 | +1.5% on the previous 12 months | 832 |
| 3 bedrooms | £1,208 a month | 12 months to Aug 2026 | -2.4% on the previous 12 months | 461 |
| 4 bedrooms | £1,619 a month | 12 months to Aug 2026 | +6.9% on the previous 12 months | 145 |
| 5+ bedrooms | £1,923 a month | 12 months to Aug 2026 | — | 45 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns Isle of Wight?
Corporate landlords hold 69% of the 2,969 units in Isle of Wight whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords69% of classified · 2,042 units
- Housing associations18% of classified · 529 units
- Individuals (not traceable in bulk)9.6% of classified · 284 units
- RMC3.8% of classified · 112 units
- Offshore companies0.1% of classified · 2 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 Isle of Wight rank?
Isle of Wight ranks 38th of 62 local authorities in England for asking rent, at £1,002 a month.
Asking rent · local authorities in England
Isle of Wight ranks 38th of 62 local authorities in England for asking rent, at £1,002 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Windsor and Maidenhead | £2,391 a month | 2,125 | measured |
| 2 | Bath and North East Somerset | £2,059 a month | 2,959 | measured |
| 3 | City of Bristol | £1,740 a month | 10,652 | measured |
| 4 | The City of Brighton and Hove | £1,710 a month | 7,234 | measured |
| 5 | Wokingham | £1,700 a month | 1,679 | measured |
| 38 | Isle of Wight | £1,002 a month | 1,176 | measured |
Full table: asking rent across local authorities in England →
Gross yield, asking basis · local authorities in England
Isle of Wight ranks 29th of 61 local authorities in England for gross yield, asking basis, at 4.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Reading | 6.4% | 5,924 | measured |
| 2 | City of Nottingham | 6.4% | 15,015 | measured |
| 3 | Blackpool | 6.1% | 1,543 | measured |
| 4 | City of Kingston upon Hull | 6.0% | 4,435 | measured |
| 5 | Middlesbrough | 5.5% | 2,760 | measured |
| 29 | Isle of Wight | 4.4% | 1,911 | measured |
Full table: gross yield, asking basis across local authorities in England →
Asking rent · postcode districts within Isle of Wight
PO35 leads the 9 postcode districts within Isle of Wight for asking rent, at £1,384 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | PO35 | £1,384 a month | 33 | indicative |
| 2 | PO38 | £1,158 a month | 100 | measured |
| 3 | PO31 | £1,137 a month | 158 | measured |
| 4 | PO32 | £1,081 a month | 80 | indicative |
| 5 | PO30 | £1,027 a month | 192 | measured |
Full table: asking rent across postcode districts within Isle of Wight →
Gross yield, asking basis · postcode districts within Isle of Wight
PO35 leads the 11 postcode districts within Isle of Wight for gross yield, asking basis, at 5.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | PO35 | 5.9% | 72 | indicative |
| 2 | PO30 | 5.2% | 290 | measured |
| 3 | PO32 | 5.2% | 123 | measured |
| 4 | PO36 | 4.9% | 155 | measured |
| 5 | PO38 | 4.4% | 185 | measured |
Full table: gross yield, asking basis across postcode districts within Isle of Wight →
Where next from Isle of Wight?
- EnglandThe wider market this area sits in.
- PO30Postcode district · £2,943/m²
- PO31Postcode district · £4,056/m²
- PO32Postcode district · £2,890/m²
- PO33Postcode district · £3,464/m²
- PO34Postcode district · £5,501/m²
- PO35Postcode district · £4,459/m²
- PO36Postcode district · £2,744/m²
- PO37Postcode district · £3,245/m²
- PO38Postcode district · £4,217/m²
- PO39Postcode district · £2,873/m²
- PO40Postcode district · £3,361/m²
- PO41Postcode district · £1,654/m²
- Bath and North East SomersetNeighbouring local authority · £4,566/m²
- BedfordNeighbouring local authority · £3,926/m²
- Blackburn with DarwenNeighbouring local authority · £2,192/m²
- BlackpoolNeighbouring local authority · £1,651/m²
- Bournemouth, Christchurch and PooleNeighbouring local authority · £4,124/m²
- Bracknell ForestNeighbouring local authority · £4,995/m²
- BuckinghamshireNeighbouring local authority · £5,305/m²
- Central BedfordshireNeighbouring local authority · £4,282/m²
Questions about Isle of Wight
- What is the average rent in Isle of Wight?
- Homes to let in Isle of Wight asked a median £1,002 a month over the 12 months to Jul 2026, 1,176 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Isle of Wight?
- 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 Aug 2026, 1,911 lets. +5.5% on the previous 12 months.
Everything else about Isle of Wight
- Properties in Isle of WightEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in Isle of WightFootprints, heights and the units inside them.
- Land and plots in Isle of WightRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in Isle of WightWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in Isle of WightWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in Isle of WightRegistered completions from Price Paid, newest first.
- Planning applications in Isle of WightWhat was proposed, who decided it and whether it was approved.
- Estate agents active in Isle of WightWho actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 1,176 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,911 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 22 Sep 2026 | 22 Sep 2026 | — |