marketcodeAsking rent
£1,406 a month 12 months to Jul 2026
2,936 lets
Postcode district
M1 rental market
Asking rent £1,406 a month · Gross yield 7.8% · 12 months, listings to Aug 2026
What is M1?
- Buildings
- 710
- Mixed-use buildings
- 8.0%
- HMO-shaped units
- 37%
What does M1 earn?
M1: asking rent £1,406 a month (12 months to Jul 2026, 2,936 lets).
Gross yield, asking basis
7.8% 12 months to Aug 2026
7,115 lets
+43.2% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
728 on 19 Sep 2026
How does M1 vary by home size?
Asking rent in M1 runs from £1,306 a month for 1 bedroom to £2,144 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,306 a month | 12 months to Aug 2026 | +5.1% on the previous 12 months | 2571 |
| 2 bedrooms | £1,617 a month | 12 months to Aug 2026 | -3.9% on the previous 12 months | 2786 |
| 3 bedrooms | £2,144 a month | 12 months to Aug 2026 | +6.1% on the previous 12 months | 225 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
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 M1?
Corporate landlords hold 73% of the 148 units in M1 whose freeholder is classified; 99% of all units are not yet classified.
- Corporate landlords73% of classified · 108 units
- Individuals (not traceable in bulk)24% of classified · 35 units
- RMC2.0% of classified · 3 units
- Offshore companies0.7% of classified · 1 units
- Housing associations0.7% of classified · 1 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 M1 rank?
M1 ranks 7th of 17 postcode districts in Manchester for asking rent, at £1,406 a month.
Asking rent · postcode districts in Manchester
M1 ranks 7th of 17 postcode districts in Manchester for asking rent, at £1,406 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | M14 | £1,983 a month | 3,370 | measured |
| 2 | M20 | £1,655 a month | 1,805 | measured |
| 3 | M15 | £1,537 a month | 3,199 | measured |
| 4 | M12 | £1,480 a month | 410 | measured |
| 5 | M4 | £1,454 a month | 2,490 | measured |
| 7 | M1 | £1,406 a month | 2,936 | measured |
Full table: asking rent across postcode districts in Manchester →
Gross yield, asking basis · postcode districts in Manchester
M1 ranks 2nd of 16 postcode districts in Manchester for gross yield, asking basis, at 7.8%.
Where next from M1?
- ManchesterThe wider market this area sits in.
- M11Neighbouring postcode district · £2,748/m²
- M12Neighbouring postcode district · £3,381/m²
- M13Neighbouring postcode district · £3,229/m²
- M14Neighbouring postcode district · £3,396/m²
- M15Neighbouring postcode district · £3,507/m²
- M18Neighbouring postcode district · £3,296/m²
- M19Neighbouring postcode district · £3,635/m²
- M2Neighbouring postcode district
- M3Next door, in another authority · £3,280/m²
- M5Next door, in another authority · £3,928/m²
- M16Next door, in another authority · £3,917/m²
- M7Next door, in another authority · £3,217/m²
- M6Next door, in another authority · £3,166/m²
- Homes for sale in M1Live sale listings, the same place and cohort.
- Homes to rent in M1Live lettings, the same place.
- Completed sales in M1Registered completions, newest first.
- Planning applications in M1Applications and decisions on record.
- Buildings in M1Every building with its units, parcel and freeholder.
- Land in M1
Questions about M1
- What is the average rent in M1?
- Homes to let in M1 asked a median £1,406 a month over the 12 months to Jul 2026, 2,936 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M1?
- 7.8% 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, 7,115 lets. +43.2% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 2,936 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 7,115 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 19 Sep 2026 | 19 Sep 2026 | — |