marketcodeAsking rent
£1,371 a month 12 months to Jul 2026
4,291 lets
Postcode district
M3 rental market
Asking rent £1,371 a month · Gross yield 6.9% · 12 months, listings to Aug 2026
What is M3?
- Buildings
- 1,500
- Mixed-use buildings
- 4.8%
- HMO-shaped units
- 99%
What does M3 earn?
M3: asking rent £1,371 a month (12 months to Jul 2026, 4,291 lets).
Gross yield, asking basis
6.9% 12 months to Aug 2026
12,952 lets
+20.9% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,031 on 20 Sep 2026
How does M3 vary by home size?
Asking rent in M3 runs from £1,276 a month for 1 bedroom to £3,352 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,276 a month | 12 months to Aug 2026 | +4.5% on the previous 12 months | 5269 |
| 2 bedrooms | £1,556 a month | 12 months to Aug 2026 | -0.4% on the previous 12 months | 4912 |
| 3 bedrooms | £2,597 a month | 12 months to Aug 2026 | -3.1% on the previous 12 months | 1637 |
| 4 bedrooms | £3,352 a month | 12 months to Aug 2026 | — | 200 |
| 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 M3?
Corporate landlords hold 78% of the 152 units in M3 whose freeholder is classified; 99% of all units are not yet classified.
- Corporate landlords78% of classified · 118 units
- Individuals (not traceable in bulk)21% of classified · 32 units
- RMC1.3% 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 M3 rank?
M3 ranks 1st of 10 postcode districts in Salford for asking rent, at £1,371 a month.
Asking rent · postcode districts in Salford
M3 ranks 1st of 10 postcode districts in Salford for asking rent, at £1,371 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | M3 | £1,371 a month | 4,291 | measured |
| 2 | M28 | £1,367 a month | 452 | measured |
| 3 | M7 | £1,250 a month | 397 | measured |
| 4 | M6 | £1,242 a month | 956 | measured |
| 5 | M5 | £1,197 a month | 1,630 | measured |
Full table: asking rent across postcode districts in Salford →
Gross yield, asking basis · postcode districts in Salford
M3 ranks 2nd of 10 postcode districts in Salford for gross yield, asking basis, at 6.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | M5 | 7.1% | 7,907 | measured |
| 2 | M3 | 6.9% | 12,952 | measured |
| 3 | M50 | 6.9% | 4,290 | measured |
| 4 | M38 | 6.4% | 298 | measured |
| 5 | M6 | 5.5% | 1,918 | measured |
Full table: gross yield, asking basis across postcode districts in Salford →
Where next from M3?
- SalfordThe wider market this area sits in.
- M27Neighbouring postcode district · £3,178/m²
- M28Neighbouring postcode district · £3,418/m²
- M30Neighbouring postcode district · £3,203/m²
- M38Neighbouring postcode district · £2,879/m²
- M44Neighbouring postcode district · £3,601/m²
- M5Neighbouring postcode district · £3,928/m²
- M50Neighbouring postcode district · £2,870/m²
- M6Neighbouring postcode district · £3,166/m²
- M1Next door, in another authority · £3,616/m²
- M15Next door, in another authority · £3,507/m²
- M2Next door, in another authority
- M4Next door, in another authority · £3,475/m²
- M8Next door, in another authority · £2,461/m²
- M16Next door, in another authority · £3,917/m²
Questions about M3
- What is the average rent in M3?
- Homes to let in M3 asked a median £1,371 a month over the 12 months to Jul 2026, 4,291 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M3?
- 6.9% 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, 12,952 lets. +20.9% on the previous 12 months.
Everything else about M3
- Properties in M3Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in M3Footprints, heights and the units inside them.
- Land and plots in M3Registered parcels with their area, tenure and what stands on them.
- Homes for sale in M3What is on the market right now, with the evidence beside each asking price.
- Homes to rent in M3What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in M3Registered completions from Price Paid, newest first.
- Planning applications in M3What was proposed, who decided it and whether it was approved.
- Estate agents active in M3Who 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 | 4,291 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 12,952 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |