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Asking rent £1,004/month · Gross yield 4.3% · 12 months, listings to Sep 2026
City of Leicester: asking rent £1,004/month (12 months to Sep 2026, 5,723 lets).
£1,004/month 12 months to Sep 2026
5,723 lets
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, 5,723 lets.
4.3% 12 months to Sep 2026
8,681 lets
-0.6% 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, 8,681 lets.
Sample is the dated lettings behind the latest month's rent cell.
1,960 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 in City of Leicester runs from £728/month for 1 bedroom to £1,670/month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £728/month | 12 months to Sep 2026 | -4.6% on the previous 12 months | 4035 |
| 2 bedrooms | £1,069/month | 12 months to Sep 2026 | +8.2% on the previous 12 months | 2258 |
| 3 bedrooms | £1,200/month | 12 months to Sep 2026 | +1.8% on the previous 12 months | 925 |
| 4 bedrooms | £1,447/month | 12 months to Sep 2026 | +2.7% on the previous 12 months | 373 |
| 5+ bedrooms | £1,670/month | 12 months to Sep 2026 | +100.1% on the previous 12 months | 293 |
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.
Corporate landlords hold 75% of the 9,531 units in City of Leicester whose freeholder is classified; 94% of all units are not yet classified.
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
City of Leicester ranks 38th of 62 local authorities in England for asking rent, at £1,004/month.
City of Leicester ranks 38th of 62 local authorities in England for asking rent, at £1,004/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Windsor and Maidenhead | £2,405/month | 12 months to Sep 2026 · from monthly figures | 2,153 | measured |
| 2 | Bath and North East Somerset | £2,047/month | 12 months to Sep 2026 · from monthly figures | 2,982 | measured |
| 3 | City of Bristol | £1,754/month | 12 months to Sep 2026 · from monthly figures | 10,313 | measured |
| 4 | Wokingham | £1,701/month | 12 months to Sep 2026 · from monthly figures | 1,662 | measured |
| 5 | The City of Brighton and Hove | £1,699/month | 12 months to Sep 2026 · from monthly figures | 7,200 | measured |
| 38 | City of Leicester | £1,004/month | 12 months to Sep 2026 · from monthly figures | 5,723 | measured |
City of Leicester ranks 35th of 61 local authorities in England for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | City of Nottingham | 6.4% | 12 months to Sep 2026 · from monthly figures | 14,986 | measured |
| 2 | Reading | 6.4% | 12 months to Sep 2026 · from monthly figures | 6,102 | measured |
| 3 | Blackpool | 6.1% | 12 months to Sep 2026 · from monthly figures | 1,584 | measured |
| 4 | City of Kingston upon Hull | 5.9% | 12 months to Sep 2026 · from monthly figures | 4,393 | measured |
| 5 | Middlesbrough | 5.5% | 12 months to Sep 2026 · from monthly figures | 2,723 | measured |
| 35 | City of Leicester | 4.3% | 12 months to Sep 2026 · from monthly figures | 8,681 | measured |
Full table: gross yield, asking basis across local authorities in England
LE5 leads the 3 postcode districts within City of Leicester for asking rent, at £1,098/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LE5 | £1,098/month | 12 months to Sep 2026 · from monthly figures | 413 | measured |
| 2 | LE3 | £1,044/month | 12 months to Sep 2026 · from monthly figures | 1,893 | measured |
| 3 | LE1 | £965/month | 12 months to Sep 2026 · from monthly figures | 1,268 | measured |
LE1 leads the 3 postcode districts within City of Leicester for gross yield, asking basis, at 8.5%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LE1 | 8.5% | 12 months to Sep 2026 · from monthly figures | 4,993 | measured |
| 2 | LE3 | 4.7% | 12 months to Sep 2026 · from monthly figures | 3,020 | measured |
| 3 | LE5 | 4.3% | 12 months to Sep 2026 · from monthly figures | 668 | measured |
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 5,723 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 8,681 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |