marketcodeAsking rent
£1,432 a month 12 months to Jul 2026
3,835 lets
Local authority
Milton Keynes rental market
Asking rent £1,432 a month · Gross yield 4.7% · 12 months, listings to Aug 2026
What does Milton Keynes earn?
Milton Keynes: asking rent £1,432 a month (12 months to Jul 2026, 3,835 lets).
Gross yield, asking basis
4.7% 12 months to Aug 2026
6,569 lets
+4.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,390 on 21 Sep 2026
How does Milton Keynes vary by home size?
Asking rent in Milton Keynes runs from £1,113 a month for 1 bedroom to £2,520 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,113 a month | 12 months to Aug 2026 | -8.1% on the previous 12 months | 2092 |
| 2 bedrooms | £1,353 a month | 12 months to Aug 2026 | -2.6% on the previous 12 months | 2180 |
| 3 bedrooms | £1,587 a month | 12 months to Aug 2026 | +1.1% on the previous 12 months | 1314 |
| 4 bedrooms | £1,985 a month | 12 months to Aug 2026 | +2.9% on the previous 12 months | 637 |
| 5+ bedrooms | £2,520 a month | 12 months to Aug 2026 | +5.6% on the previous 12 months | 124 |
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 Milton Keynes?
Corporate landlords hold 57% of the 7,389 units in Milton Keynes whose freeholder is classified; 95% of all units are not yet classified.
- Corporate landlords57% of classified · 4,191 units
- Individuals (not traceable in bulk)21% of classified · 1,579 units
- Housing associations21% of classified · 1,571 units
- RMC0.6% of classified · 44 units
- Offshore companies0.0% of classified · 3 units
- Local authorities0.0% 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 Milton Keynes rank?
Milton Keynes ranks 13th of 62 local authorities in England for asking rent, at £1,432 a month.
Asking rent · local authorities in England
Milton Keynes ranks 13th of 62 local authorities in England for asking rent, at £1,432 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Windsor and Maidenhead | £2,391 a month | 2,125 | measured |
| 2 | Bath and North East Somerset | £2,059 a month | 2,959 | measured |
| 3 | City of Bristol | £1,740 a month | 10,652 | measured |
| 4 | The City of Brighton and Hove | £1,710 a month | 7,234 | measured |
| 5 | Wokingham | £1,700 a month | 1,679 | measured |
| 13 | Milton Keynes | £1,432 a month | 3,835 | measured |
Full table: asking rent across local authorities in England →
Gross yield, asking basis · local authorities in England
Milton Keynes ranks 20th of 61 local authorities in England for gross yield, asking basis, at 4.7%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Reading | 6.4% | 5,924 | measured |
| 2 | City of Nottingham | 6.4% | 15,015 | measured |
| 3 | Blackpool | 6.1% | 1,543 | measured |
| 4 | City of Kingston upon Hull | 6.0% | 4,435 | measured |
| 5 | Middlesbrough | 5.5% | 2,760 | measured |
| 20 | Milton Keynes | 4.7% | 6,569 | measured |
Full table: gross yield, asking basis across local authorities in England →
Asking rent · postcode districts within Milton Keynes
MK19 leads the 17 postcode districts within Milton Keynes for asking rent, at £1,813 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | MK19 | £1,813 a month | 194 | measured |
| 2 | MK5 | £1,686 a month | 287 | measured |
| 3 | MK4 | £1,594 a month | 266 | measured |
| 4 | MK10 | £1,579 a month | 270 | measured |
| 5 | MK46 | £1,477 a month | 105 | measured |
Full table: asking rent across postcode districts within Milton Keynes →
Gross yield, asking basis · postcode districts within Milton Keynes
MK9 leads the 17 postcode districts within Milton Keynes for gross yield, asking basis, at 7.7%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | MK9 | 7.7% | 1,940 | measured |
| 2 | MK2 | 5.9% | 233 | measured |
| 3 | MK8 | 5.4% | 559 | measured |
| 4 | MK10 | 5.1% | 500 | measured |
| 5 | MK12 | 5.1% | 174 | measured |
Full table: gross yield, asking basis across postcode districts within Milton Keynes →
Where next from Milton Keynes?
- EnglandThe wider market this area sits in.
- MK1Postcode district · £2,324/m²
- MK10Postcode district · £4,193/m²
- MK11Postcode district · £4,812/m²
- MK12Postcode district · £4,109/m²
- MK13Postcode district · £3,636/m²
- MK14Postcode district · £2,582/m²
- MK15Postcode district · £4,593/m²
- MK16Postcode district · £4,232/m²
- MK19Postcode district · £4,433/m²
- MK2Postcode district · £3,047/m²
- MK3Postcode district · £4,215/m²
- MK4Postcode district · £4,175/m²
- Bath and North East SomersetNeighbouring local authority · £4,566/m²
- BedfordNeighbouring local authority · £3,926/m²
- Blackburn with DarwenNeighbouring local authority · £2,192/m²
- BlackpoolNeighbouring local authority · £1,651/m²
- Bournemouth, Christchurch and PooleNeighbouring local authority · £4,124/m²
- Bracknell ForestNeighbouring local authority · £4,995/m²
- BuckinghamshireNeighbouring local authority · £5,305/m²
- Central BedfordshireNeighbouring local authority · £4,282/m²
Questions about Milton Keynes
- What is the average rent in Milton Keynes?
- Homes to let in Milton Keynes asked a median £1,432 a month over the 12 months to Jul 2026, 3,835 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Milton Keynes?
- 4.7% 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 Aug 2026, 6,569 lets. +4.7% on the previous 12 months.
Everything else about Milton Keynes
- Properties in Milton KeynesEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in Milton KeynesFootprints, heights and the units inside them.
- Land and plots in Milton KeynesRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in Milton KeynesWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in Milton KeynesWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in Milton KeynesRegistered completions from Price Paid, newest first.
- Planning applications in Milton KeynesWhat was proposed, who decided it and whether it was approved.
- Estate agents active in Milton KeynesWho 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 | 3,835 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 6,569 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |