Local authority

Preston rents and yields

Asking rent £863/month · Gross yield 5.0% · 12 months, listings to Sep 2026

What is Preston?

Buildings: 60,460
Mixed-use buildings: 1.5%
HMO-shaped units: 68%
EPC A or B: 18%
EPC D or worse: 45%

What does Preston earn?

Preston: asking rent £863/month (12 months to Sep 2026, 1,944 lets).

Asking rent

£863/month 12 months to Sep 2026

1,944 lets

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, 1,944 lets.

Gross yield, asking basis

5.0% 12 months to Sep 2026

1,007 lets

+0.2% 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, 1,007 lets.

Sample is the dated lettings behind the latest month's rent cell.

Homes to rent

227 on 4 Nov 2026

Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.

Asking rent: £769/month in Aug 2025 to £876/month in Sep 2026.

Gross yield, asking basis: 4.6% in Jan 2022 to 5.0% in Sep 2026.

Homes to rent: 78 in Sep 2026 to 227 in Nov 2026.

Asking rent index: 86.4 in Jan 2022 to 113.2 in Sep 2026.

How does Preston vary by home size?

Asking rent in Preston runs from £643/month for 1 bedroom to £1,249/month for 4 bedrooms.

Asking rent by bedroom band in Preston. 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	£643/month	12 months to Sep 2026	-0.2% on the previous 12 months	192
2 bedrooms	£825/month	12 months to Sep 2026	+2.5% on the previous 12 months	380
3 bedrooms	£980/month	12 months to Sep 2026	+6.8% on the previous 12 months	329
4 bedrooms	£1,249/month	12 months to Aug 2026 · 7 of 12 months observed	—	58
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 Preston?

Corporate landlords hold 75% of the 5,531 units in Preston whose freeholder is classified; 93% of all units are not yet classified.

Corporate landlords75% of classified · 4,144 units
Individuals (not traceable in bulk)22% of classified · 1,190 units
Housing associations2.8% of classified · 155 units
RMC0.7% of classified · 41 units
Offshore companies0.0% 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 Preston rank?

Preston ranks 9th of 12 local authorities in Lancashire for asking rent, at £863/month.

Asking rent · local authorities in Lancashire

Preston ranks 9th of 12 local authorities in Lancashire for asking rent, at £863/month.

Asking rent across local authorities in Lancashire, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Asking rent	Period	Sample	Tier
1	Chorley	£1,275/month	12 months to Sep 2026 · from monthly figures	864	measured
2	Ribble Valley	£1,090/month	12 months to Sep 2026 · from monthly figures	352	measured
3	Fylde	£1,000/month	12 months to Sep 2026 · from monthly figures	865	measured
4	West Lancashire	£970/month	12 months to Sep 2026 · from monthly figures	701	measured
5	South Ribble	£942/month	12 months to Sep 2026 · from monthly figures	565	measured
9	Preston	£863/month	12 months to Sep 2026 · from monthly figures	1,944	measured

Full table: asking rent across local authorities in Lancashire

Gross yield, asking basis · local authorities in Lancashire

Preston ranks 3rd of 12 local authorities in Lancashire for gross yield, asking basis, at 5.0%.

Gross yield, asking basis across local authorities in Lancashire, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Gross yield, asking basis	Period	Sample	Tier
1	Hyndburn	5.9%	12 months to Sep 2026 · from monthly figures	502	measured
2	South Ribble	5.0%	12 months to Sep 2026 · from monthly figures	2,725	measured
3	Preston	5.0%	12 months to Sep 2026 · from monthly figures	1,007	measured
4	Pendle	4.9%	12 months to Sep 2026 · from monthly figures	1,199	measured
5	Wyre	4.7%	12 months to Sep 2026 · from monthly figures	1,188	measured

Full table: gross yield, asking basis across local authorities in Lancashire

Asking rent · postcode districts within Preston

PR2 leads the 1 postcode districts within Preston for asking rent, at £905/month.

Asking rent across postcode districts within Preston, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Asking rent	Period	Sample	Tier
1	PR2	£905/month	12 months to Sep 2026 · from monthly figures	702	measured

Gross yield, asking basis · postcode districts within Preston

PR2 leads the 1 postcode districts within Preston for gross yield, asking basis, at 5.0%.

Gross yield, asking basis across postcode districts within Preston, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Gross yield, asking basis	Period	Sample	Tier
1	PR2	5.0%	12 months to Sep 2026 · from monthly figures	1,007	measured

Where next from Preston?

LancashireThe wider market this area sits in.
PR2Postcode district · Asking £2,252/m² · Sep 2026
BurnleyNeighbouring local authority · Asking £1,856/m² · Sep 2026
ChorleyNeighbouring local authority · Asking £2,921/m² · Sep 2026
FyldeNeighbouring local authority · Asking £2,728/m² · Sep 2026
HyndburnNeighbouring local authority · Asking £2,024/m² · Sep 2026
LancasterNeighbouring local authority · Asking £2,547/m² · Sep 2026
PendleNeighbouring local authority · Asking £2,102/m² · Sep 2026
Ribble ValleyNeighbouring local authority · Asking £2,806/m² · Sep 2026
RossendaleNeighbouring local authority · Asking £2,526/m² · Sep 2026

Questions about Preston

What is the average rent in Preston?: Homes to let in Preston asked a median £863/month over the 12 months to Sep 2026, 1,944 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Preston?: 5.0% 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, 1,007 lets. +0.2% 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.

Reading the cost index and the regional factors…

Everything else about Preston

Property values in PrestonEvery addressable home with its floor area, tenure and last recorded sale.
Land and development sites in PrestonRegistered land with its area, tenure and what stands on it.
Houses and flats for sale in PrestonWhat is on the market right now, with the evidence beside each asking price.
Flats and houses to rent in PrestonWhat is available to rent, with the recorded rent and yield beside each asking price.
Sold house prices in PrestonRegistered completions from Price Paid, newest first.
Planning applications in PrestonWhat was proposed, who decided it and whether it was approved.
Estate agents in PrestonWho actually lists here, ranked by volume over 12 months.

Where these figures come from

Every figure on this page: the dataset behind it, the window it covers, the last period in it and its sample. A single month is never a figure here.
Figure	Dataset	Window	Latest	Sample
Asking rent	MarketCode market evidence	12 months to Sep 2026	Sep 2026	1,944 lets
Gross yield, asking basis	MarketCode market evidence	12 months to Sep 2026	Sep 2026	1,007 lets
Homes to rent	Portal listings; observed forwards from 5 Sep 2026	on 4 Nov 2026	4 Nov 2026	—

How every figure on this page is computed

Local authority

Preston rents and yields

Asking rent £863/month · Gross yield 5.0% · 12 months, listings to Sep 2026

What is Preston?

Buildings: 60,460
Mixed-use buildings: 1.5%
HMO-shaped units: 68%
EPC A or B: 18%
EPC D or worse: 45%

What does Preston earn?

Preston: asking rent £863/month (12 months to Sep 2026, 1,944 lets).

Asking rent

£863/month 12 months to Sep 2026

1,944 lets

Gross yield, asking basis

5.0% 12 months to Sep 2026

1,007 lets

+0.2% on the previous 12 months.

Sample is the dated lettings behind the latest month's rent cell.

Homes to rent

227 on 4 Nov 2026

Asking rent: £769/month in Aug 2025 to £876/month in Sep 2026.

Gross yield, asking basis: 4.6% in Jan 2022 to 5.0% in Sep 2026.

Homes to rent: 78 in Sep 2026 to 227 in Nov 2026.

Asking rent index: 86.4 in Jan 2022 to 113.2 in Sep 2026.

How does Preston vary by home size?

Asking rent in Preston runs from £643/month for 1 bedroom to £1,249/month for 4 bedrooms.

Asking rent by bedroom band in Preston. 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	£643/month	12 months to Sep 2026	-0.2% on the previous 12 months	192
2 bedrooms	£825/month	12 months to Sep 2026	+2.5% on the previous 12 months	380
3 bedrooms	£980/month	12 months to Sep 2026	+6.8% on the previous 12 months	329
4 bedrooms	£1,249/month	12 months to Aug 2026 · 7 of 12 months observed	—	58
5+ bedrooms	Not published	—	—	—

Who owns Preston?

Corporate landlords hold 75% of the 5,531 units in Preston whose freeholder is classified; 93% of all units are not yet classified.

Corporate landlords75% of classified · 4,144 units
Individuals (not traceable in bulk)22% of classified · 1,190 units
Housing associations2.8% of classified · 155 units
RMC0.7% of classified · 41 units
Offshore companies0.0% 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 Preston rank?

Preston ranks 9th of 12 local authorities in Lancashire for asking rent, at £863/month.

Asking rent · local authorities in Lancashire

Preston ranks 9th of 12 local authorities in Lancashire for asking rent, at £863/month.

Asking rent across local authorities in Lancashire, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Asking rent	Period	Sample	Tier
1	Chorley	£1,275/month	12 months to Sep 2026 · from monthly figures	864	measured
2	Ribble Valley	£1,090/month	12 months to Sep 2026 · from monthly figures	352	measured
3	Fylde	£1,000/month	12 months to Sep 2026 · from monthly figures	865	measured
4	West Lancashire	£970/month	12 months to Sep 2026 · from monthly figures	701	measured
5	South Ribble	£942/month	12 months to Sep 2026 · from monthly figures	565	measured
9	Preston	£863/month	12 months to Sep 2026 · from monthly figures	1,944	measured

Full table: asking rent across local authorities in Lancashire

Gross yield, asking basis · local authorities in Lancashire

Preston ranks 3rd of 12 local authorities in Lancashire for gross yield, asking basis, at 5.0%.

Gross yield, asking basis across local authorities in Lancashire, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Gross yield, asking basis	Period	Sample	Tier
1	Hyndburn	5.9%	12 months to Sep 2026 · from monthly figures	502	measured
2	South Ribble	5.0%	12 months to Sep 2026 · from monthly figures	2,725	measured
3	Preston	5.0%	12 months to Sep 2026 · from monthly figures	1,007	measured
4	Pendle	4.9%	12 months to Sep 2026 · from monthly figures	1,199	measured
5	Wyre	4.7%	12 months to Sep 2026 · from monthly figures	1,188	measured

Full table: gross yield, asking basis across local authorities in Lancashire

Asking rent · postcode districts within Preston

PR2 leads the 1 postcode districts within Preston for asking rent, at £905/month.

Asking rent across postcode districts within Preston, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Asking rent	Period	Sample	Tier
1	PR2	£905/month	12 months to Sep 2026 · from monthly figures	702	measured

Gross yield, asking basis · postcode districts within Preston

PR2 leads the 1 postcode districts within Preston for gross yield, asking basis, at 5.0%.

Gross yield, asking basis across postcode districts within Preston, 12 months to Sep 2026. Sample and confidence tier beside every value.
#	Area	Gross yield, asking basis	Period	Sample	Tier
1	PR2	5.0%	12 months to Sep 2026 · from monthly figures	1,007	measured

Where next from Preston?

LancashireThe wider market this area sits in.
PR2Postcode district · Asking £2,252/m² · Sep 2026
BurnleyNeighbouring local authority · Asking £1,856/m² · Sep 2026
ChorleyNeighbouring local authority · Asking £2,921/m² · Sep 2026
FyldeNeighbouring local authority · Asking £2,728/m² · Sep 2026
HyndburnNeighbouring local authority · Asking £2,024/m² · Sep 2026
LancasterNeighbouring local authority · Asking £2,547/m² · Sep 2026
PendleNeighbouring local authority · Asking £2,102/m² · Sep 2026
Ribble ValleyNeighbouring local authority · Asking £2,806/m² · Sep 2026
RossendaleNeighbouring local authority · Asking £2,526/m² · Sep 2026

Questions about Preston

What is the average rent in Preston?: Homes to let in Preston asked a median £863/month over the 12 months to Sep 2026, 1,944 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Preston?: 5.0% 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, 1,007 lets. +0.2% 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.

Reading the cost index and the regional factors…

Everything else about Preston

Property values in PrestonEvery addressable home with its floor area, tenure and last recorded sale.
Land and development sites in PrestonRegistered land with its area, tenure and what stands on it.
Houses and flats for sale in PrestonWhat is on the market right now, with the evidence beside each asking price.
Flats and houses to rent in PrestonWhat is available to rent, with the recorded rent and yield beside each asking price.
Sold house prices in PrestonRegistered completions from Price Paid, newest first.
Planning applications in PrestonWhat was proposed, who decided it and whether it was approved.
Estate agents in PrestonWho actually lists here, ranked by volume over 12 months.

Where these figures come from

Every figure on this page: the dataset behind it, the window it covers, the last period in it and its sample. A single month is never a figure here.
Figure	Dataset	Window	Latest	Sample
Asking rent	MarketCode market evidence	12 months to Sep 2026	Sep 2026	1,944 lets
Gross yield, asking basis	MarketCode market evidence	12 months to Sep 2026	Sep 2026	1,007 lets
Homes to rent	Portal listings; observed forwards from 5 Sep 2026	on 4 Nov 2026	4 Nov 2026	—

How every figure on this page is computed

Ranked by asking rent

What is Preston?

What does Preston earn?

Asking rent

Gross yield, asking basis

Homes to rent

How does Preston vary by home size?

Who owns Preston?

Where does Preston rank?

Asking rent · local authorities in Lancashire

Gross yield, asking basis · local authorities in Lancashire

Asking rent · postcode districts within Preston

Gross yield, asking basis · postcode districts within Preston

Where next from Preston?

Questions about Preston

Everything else about Preston

What is Preston?

What does Preston earn?

Asking rent

Gross yield, asking basis

Homes to rent

How does Preston vary by home size?

Who owns Preston?

Where does Preston rank?

Asking rent · local authorities in Lancashire

Gross yield, asking basis · local authorities in Lancashire

Asking rent · postcode districts within Preston

Gross yield, asking basis · postcode districts within Preston

Where next from Preston?

Questions about Preston

Everything else about Preston