marketcodeAsking rent
£1,601 a month 12 months to Jul 2026
5,095 lets
Local authority
Reading rental market
Asking rent £1,601 a month · Gross yield 6.4% · 12 months, listings to Aug 2026
What is Reading?
- Buildings
- 4,998
- Mixed-use buildings
- 1.6%
- HMO-shaped units
- 11%
What does Reading earn?
Reading: asking rent £1,601 a month (12 months to Jul 2026, 5,095 lets).
Gross yield, asking basis
6.4% 12 months to Aug 2026
5,924 lets
+9.5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,067 on 21 Sep 2026
How does Reading vary by home size?
Asking rent in Reading runs from £1,143 a month for 1 bedroom to £3,687 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,143 a month | 12 months to Aug 2026 | -3.1% on the previous 12 months | 2380 |
| 2 bedrooms | £1,582 a month | 12 months to Aug 2026 | -1.7% on the previous 12 months | 1882 |
| 3 bedrooms | £1,750 a month | 12 months to Aug 2026 | +3.8% on the previous 12 months | 392 |
| 4 bedrooms | £2,288 a month | 12 months to Aug 2026 | +6.1% on the previous 12 months | 252 |
| 5+ bedrooms | £3,687 a month | 12 months to Aug 2026 | +8.1% on the previous 12 months | 489 |
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 Reading?
Corporate landlords hold 73% of the 3,682 units in Reading whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords73% of classified · 2,672 units
- Individuals (not traceable in bulk)18% of classified · 677 units
- Housing associations6.5% of classified · 239 units
- RMC2.5% of classified · 92 units
- Offshore companies0.0% of classified · 1 units
- RTM0.0% 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 Reading rank?
Reading ranks 8th of 62 local authorities in England for asking rent, at £1,601 a month.
Asking rent · local authorities in England
Reading ranks 8th of 62 local authorities in England for asking rent, at £1,601 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 |
| 8 | Reading | £1,601 a month | 5,095 | measured |
Full table: asking rent across local authorities in England →
Gross yield, asking basis · local authorities in England
Reading ranks 1st of 61 local authorities in England for gross yield, asking basis, at 6.4%.
| # | 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 |
Full table: gross yield, asking basis across local authorities in England →
Asking rent · postcode districts within Reading
RG1 leads the 1 postcode districts within Reading for asking rent, at £1,654 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | RG1 | £1,654 a month | 3,050 | measured |
Gross yield, asking basis · postcode districts within Reading
RG1 leads the 1 postcode districts within Reading for gross yield, asking basis, at 6.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | RG1 | 6.4% | 5,924 | measured |
Where next from Reading?
- EnglandThe wider market this area sits in.
- RG1Postcode district · £4,229/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 Reading
- What is the average rent in Reading?
- Homes to let in Reading asked a median £1,601 a month over the 12 months to Jul 2026, 5,095 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Reading?
- 6.4% 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, 5,924 lets. +9.5% on the previous 12 months.
Everything else about Reading
- Properties in ReadingEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in ReadingFootprints, heights and the units inside them.
- Land and plots in ReadingRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in ReadingWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in ReadingWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in ReadingRegistered completions from Price Paid, newest first.
- Planning applications in ReadingWhat was proposed, who decided it and whether it was approved.
- Estate agents active in ReadingWho 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 | 5,095 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 5,924 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |