marketcodeAsking rent
£1,030 a month 12 months to Jul 2026
427 lets
Local authority
Melton rental market
Asking rent £1,030 a month · Gross yield 3.8% · 12 months, listings to Aug 2026
What is Melton?
- Buildings
- 21,370
- Mixed-use buildings
- 61%
- HMO-shaped units
- 7.0%
What does Melton earn?
Melton: asking rent £1,030 a month (12 months to Jul 2026, 427 lets).
Gross yield, asking basis
3.8% 12 months to Aug 2026
609 lets
+3.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
115 on 21 Sep 2026
How does Melton vary by home size?
Asking rent in Melton runs from £667 a month for 1 bedroom to £1,473 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £667 a month | 12 months to Jul 2026 | +10.7% on the previous 12 months | 102 |
| 2 bedrooms | £848 a month | 12 months to Aug 2026 | +2.3% on the previous 12 months | 213 |
| 3 bedrooms | £1,068 a month | 12 months to Aug 2026 | -2.7% on the previous 12 months | 228 |
| 4 bedrooms | £1,473 a month | 12 months to Jun 2026 | — | 51 |
| 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 Melton?
Corporate landlords hold 80% of the 1,034 units in Melton whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords80% of classified · 824 units
- Individuals (not traceable in bulk)12% of classified · 121 units
- Housing associations8.3% of classified · 86 units
- RMC0.3% of classified · 3 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 Melton rank?
Melton ranks 5th of 7 local authorities in Leicestershire for asking rent, at £1,030 a month.
Asking rent · local authorities in Leicestershire
Melton ranks 5th of 7 local authorities in Leicestershire for asking rent, at £1,030 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Charnwood | £1,216 a month | 2,288 | measured |
| 2 | Oadby and Wigston | £1,194 a month | 519 | measured |
| 3 | Harborough | £1,165 a month | 758 | measured |
| 4 | Blaby | £1,113 a month | 534 | measured |
| 5 | Melton | £1,030 a month | 427 | measured |
Full table: asking rent across local authorities in Leicestershire →
Gross yield, asking basis · local authorities in Leicestershire
Melton ranks 7th of 7 local authorities in Leicestershire for gross yield, asking basis, at 3.8%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Blaby | 4.2% | 135 | measured |
| 2 | Charnwood | 4.1% | 4,352 | measured |
| 3 | Hinckley and Bosworth | 4.0% | 1,559 | measured |
| 4 | Harborough | 3.9% | 605 | measured |
| 5 | Oadby and Wigston | 3.9% | 4,619 | measured |
| 7 | Melton | 3.8% | 609 | measured |
Full table: gross yield, asking basis across local authorities in Leicestershire →
Asking rent · postcode districts within Melton
LE14 leads the 2 postcode districts within Melton for asking rent, at £1,260 a month.
Gross yield, asking basis · postcode districts within Melton
LE13 leads the 2 postcode districts within Melton for gross yield, asking basis, at 4.3%.
Where next from Melton?
- LeicestershireThe wider market this area sits in.
- LE13Postcode district · £3,056/m²
- LE14Postcode district · £3,682/m²
- BlabyNeighbouring local authority · £3,461/m²
- CharnwoodNeighbouring local authority · £3,406/m²
- HarboroughNeighbouring local authority · £3,860/m²
- Hinckley and BosworthNeighbouring local authority · £3,331/m²
- North West LeicestershireNeighbouring local authority · £3,317/m²
- Oadby and WigstonNeighbouring local authority · £3,399/m²
Questions about Melton
- What is the average rent in Melton?
- Homes to let in Melton asked a median £1,030 a month over the 12 months to Jul 2026, 427 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Melton?
- 3.8% 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, 609 lets. +3.3% on the previous 12 months.
Everything else about Melton
- Properties in MeltonEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in MeltonFootprints, heights and the units inside them.
- Land and plots in MeltonRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in MeltonWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in MeltonWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in MeltonRegistered completions from Price Paid, newest first.
- Planning applications in MeltonWhat was proposed, who decided it and whether it was approved.
- Estate agents active in MeltonWho 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 | 427 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 609 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |