marketcodeAsking rent
£1,247 a month 12 months to Jul 2026
2,162 lets
Local authority
Luton rental market
Asking rent £1,247 a month · Gross yield 4.3% · 12 months, listings to Aug 2026
What does Luton earn?
Luton: asking rent £1,247 a month (12 months to Jul 2026, 2,162 lets).
Gross yield, asking basis
4.3% 12 months to Aug 2026
3,844 lets
-1.1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,197 on 22 Sep 2026
How does Luton vary by home size?
Asking rent in Luton runs from £952 a month for 1 bedroom to £2,199 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £952 a month | 12 months to Aug 2026 | +0.3% on the previous 12 months | 1449 |
| 2 bedrooms | £1,278 a month | 12 months to Aug 2026 | -1.2% on the previous 12 months | 1073 |
| 3 bedrooms | £1,580 a month | 12 months to Aug 2026 | -0.6% on the previous 12 months | 595 |
| 4 bedrooms | £1,953 a month | 12 months to Aug 2026 | +2.3% on the previous 12 months | 160 |
| 5+ bedrooms | £2,199 a month | 12 months to Aug 2026 | +2.9% on the previous 12 months | 107 |
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 Luton?
Corporate landlords hold 78% of the 4,341 units in Luton whose freeholder is classified; 95% of all units are not yet classified.
- Corporate landlords78% of classified · 3,405 units
- Individuals (not traceable in bulk)11% of classified · 492 units
- Housing associations9.0% of classified · 390 units
- RMC1.2% of classified · 54 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 Luton rank?
Luton ranks 21st of 62 local authorities in England for asking rent, at £1,247 a month.
Asking rent · local authorities in England
Luton ranks 21st of 62 local authorities in England for asking rent, at £1,247 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 |
| 21 | Luton | £1,247 a month | 2,162 | measured |
Full table: asking rent across local authorities in England →
Gross yield, asking basis · local authorities in England
Luton ranks 30th of 61 local authorities in England for gross yield, asking basis, at 4.3%.
| # | 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 |
| 30 | Luton | 4.3% | 3,844 | measured |
Full table: gross yield, asking basis across local authorities in England →
Asking rent · postcode districts within Luton
LU3 leads the 3 postcode districts within Luton for asking rent, at £1,312 a month.
Gross yield, asking basis · postcode districts within Luton
LU1 leads the 3 postcode districts within Luton for gross yield, asking basis, at 4.6%.
Where next from Luton?
- EnglandThe wider market this area sits in.
- LU1Postcode district · £3,998/m²
- LU2Postcode district · £4,608/m²
- LU3Postcode district · £4,118/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 Luton
- What is the average rent in Luton?
- Homes to let in Luton asked a median £1,247 a month over the 12 months to Jul 2026, 2,162 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Luton?
- 4.3% 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, 3,844 lets. -1.1% on the previous 12 months.
Everything else about Luton
- Properties in LutonEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in LutonFootprints, heights and the units inside them.
- Land and plots in LutonRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in LutonWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in LutonWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in LutonRegistered completions from Price Paid, newest first.
- Planning applications in LutonWhat was proposed, who decided it and whether it was approved.
- Estate agents active in LutonWho 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 | 2,162 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 3,844 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 22 Sep 2026 | 22 Sep 2026 | — |