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, 462 lets.
Gross yield, asking basis
3.8% 12 months to Sep 2026
626 lets
+3.6% 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, 626 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
234 on 7 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 7 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent: £915/month in Aug 2025 to £1,074/month in Sep 2026.Gross yield, asking basis: 3.3% in Jan 2022 to 3.9% in Sep 2026.Homes to rent: 36 in Sep 2026 to 234 in Nov 2026.Asking rent index: 86.9 in Jan 2022 to 116.7 in Sep 2026.
How does Melton vary by home size?
Asking rent in Melton runs from £656/month for 1 bedroom to £1,414/month for 4 bedrooms.
Asking rent by bedroom band in Melton. 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
£656/month
12 months to Sep 2026 · 10 of 12 months observed
—
86
2 bedrooms
£855/month
12 months to Sep 2026
+3.2% on the previous 12 months
222
3 bedrooms
£1,075/month
12 months to Sep 2026
-3.1% on the previous 12 months
226
4 bedrooms
£1,414/month
12 months to Sep 2026 · 6 of 12 months observed
—
37
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, 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 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 £1,039/month.
Asking rent · local authorities in Leicestershire
Melton ranks 5th of 7 local authorities in Leicestershire for asking rent, at £1,039/month.
Asking rent across local authorities in Leicestershire, 12 months to Sep 2026. Sample and confidence tier beside every value.
Oadby and WigstonNeighbouring local authority · Asking £3,758/m² · Sep 2026
Newark and SherwoodNext door, in another county · Asking £2,660/m² · Sep 2026
RushcliffeNext door, in another county · Asking £3,664/m² · Sep 2026
South KestevenNext door, in another county · Asking £2,985/m² · Sep 2026
Questions about Melton
What is the average rent in Melton?
Homes to let in Melton asked a median £1,039/month over the 12 months to Sep 2026, 462 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 Sep 2026, 626 lets. +3.6% 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.