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, 17,779 lets.
Gross yield, asking basis
6.7% 12 months to Sep 2026
39,830 lets
+13.4% 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, 39,830 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
6,874 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent: £1,275/month in Aug 2025 to £1,252/month in Sep 2026.Gross yield, asking basis: 5.3% in Jan 2022 to 6.9% in Sep 2026.Homes to rent: 1,973 in Sep 2026 to 6,874 in Nov 2026.Asking rent index: 86.9 in Jan 2022 to 117.1 in Sep 2026.
How does Manchester vary by home size?
Asking rent in Manchester runs from £1,195/month for 1 bedroom to £3,205/month for 5+ bedrooms.
Asking rent by bedroom band in Manchester. Each band shows its own window and sample. A band with fewer than 30 dated listings in the year is not published.
Homes
Asking rent
Window
Change
Listings
1 bedroom
£1,195/month
12 months to Sep 2026
+7.1% on the previous 12 months
10201
2 bedrooms
£1,433/month
12 months to Sep 2026
+1.8% on the previous 12 months
16835
3 bedrooms
£1,700/month
12 months to Sep 2026
+9.4% on the previous 12 months
5354
4 bedrooms
£2,078/month
12 months to Sep 2026
+4.3% on the previous 12 months
1908
5+ bedrooms
£3,205/month
12 months to Sep 2026
+7.4% on the previous 12 months
2913
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.
Who owns Manchester?
Corporate landlords hold 80% of the 13,461 units in Manchester whose freeholder is classified; 96% of all units are not yet classified.
Corporate landlords80% of classified · 10,754 units
Housing associations11% of classified · 1,486 units
Individuals (not traceable in bulk)7.6% of classified · 1,020 units
RMC1.5% of classified · 199 units
Offshore companies0.0% 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 Manchester rank?
Manchester ranks 1st of 10 local authorities in Greater Manchester for asking rent, at £1,479/month.
Asking rent · local authorities in Greater Manchester
Manchester ranks 1st of 10 local authorities in Greater Manchester for asking rent, at £1,479/month.
Asking rent across local authorities in Greater Manchester, 12 months to Sep 2026. Sample and confidence tier beside every value.
M20Postcode district · Asking £4,085/m² · Sep 2026
M21Postcode district · Asking £4,491/m² · Sep 2026
M22Postcode district · Asking £3,607/m² · Sep 2026
BoltonNeighbouring local authority · Asking £2,723/m² · Sep 2026
BuryNeighbouring local authority · Asking £3,513/m² · Sep 2026
OldhamNeighbouring local authority · Asking £2,969/m² · Sep 2026
RochdaleNeighbouring local authority · Asking £2,966/m² · Sep 2026
SalfordNeighbouring local authority · Asking £3,140/m² · Sep 2026
StockportNeighbouring local authority · Asking £3,940/m² · Sep 2026
TamesideNeighbouring local authority · Asking £3,124/m² · Sep 2026
TraffordNeighbouring local authority · Asking £4,514/m² · Sep 2026
Questions about Manchester
What is the average rent in Manchester?
Homes to let in Manchester asked a median £1,479/month over the 12 months to Sep 2026, 17,779 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Manchester?
6.7% 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 Sep 2026, 39,830 lets. +13.4% on the previous 12 months.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.