marketcodeAsking rent
£1,061 a month 12 months to Jul 2026
2,056 lets
Postcode district
LE2 rental market
Asking rent £1,061 a month · Gross yield 3.8% · 12 months, listings to Aug 2026
What is LE2?
- Buildings
- 12,930
- Mixed-use buildings
- 92%
- HMO-shaped units
- 35%
What does LE2 earn?
LE2: asking rent £1,061 a month (12 months to Jul 2026, 2,056 lets).
Gross yield, asking basis
3.8% 12 months to Aug 2026
4,202 lets
+2.1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
911 on 21 Sep 2026
How does LE2 vary by home size?
Asking rent in LE2 runs from £689 a month for 1 bedroom to £1,494 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £689 a month | 12 months to Aug 2026 | +0.4% on the previous 12 months | 1165 |
| 2 bedrooms | £979 a month | 12 months to Aug 2026 | +1.9% on the previous 12 months | 876 |
| 3 bedrooms | £1,177 a month | 12 months to Aug 2026 | +1.8% on the previous 12 months | 786 |
| 4 bedrooms | £1,412 a month | 12 months to Aug 2026 | +0% on the previous 12 months | 491 |
| 5+ bedrooms | £1,494 a month | 12 months to Aug 2026 | +68.2% on the previous 12 months | 493 |
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 LE2?
Corporate landlords hold 78% of the 3,486 units in LE2 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords78% of classified · 2,711 units
- Individuals (not traceable in bulk)15% of classified · 517 units
- Housing associations6.6% of classified · 230 units
- RMC0.7% of classified · 26 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 LE2 rank?
LE2 ranks 2nd of 2 postcode districts in Oadby and Wigston for asking rent, at £1,061 a month.
Asking rent · postcode districts in Oadby and Wigston
LE2 ranks 2nd of 2 postcode districts in Oadby and Wigston for asking rent, at £1,061 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | LE18 | £1,100 a month | 289 | measured |
| 2 | LE2 | £1,061 a month | 2,056 | measured |
Gross yield, asking basis · postcode districts in Oadby and Wigston
LE2 ranks 2nd of 2 postcode districts in Oadby and Wigston for gross yield, asking basis, at 3.8%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | LE18 | 4.4% | 417 | measured |
| 2 | LE2 | 3.8% | 4,202 | measured |
Where next from LE2?
- Oadby and WigstonThe wider market this area sits in.
- LE18Neighbouring postcode district · £3,256/m²
- LE1Next door, in another authority · £1,730/m²
- LE19Next door, in another authority · £3,541/m²
- LE3Next door, in another authority · £3,034/m²
- LE5Next door, in another authority · £3,322/m²
- LE7Next door, in another authority · £3,771/m²
- LE8Next door, in another authority · £3,788/m²
Questions about LE2
- What is the average rent in LE2?
- Homes to let in LE2 asked a median £1,061 a month over the 12 months to Jul 2026, 2,056 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LE2?
- 3.8% 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, 4,202 lets. +2.1% on the previous 12 months.
Everything else about LE2
- Properties in LE2Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in LE2Footprints, heights and the units inside them.
- Land and plots in LE2Registered parcels with their area, tenure and what stands on them.
- Homes for sale in LE2What is on the market right now, with the evidence beside each asking price.
- Homes to rent in LE2What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in LE2Registered completions from Price Paid, newest first.
- Planning applications in LE2What was proposed, who decided it and whether it was approved.
- Estate agents active in LE2Who 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 | 2,056 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 4,202 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |