marketcodeAsking rent
£1,180 a month 12 months to Jul 2026
303 lets
Postcode district
SO18 rental market
Asking rent £1,180 a month · Gross yield 5.0% · 12 months, listings to Aug 2026
What is SO18?
- Buildings
- 11,972
- Mixed-use buildings
- 1.0%
- HMO-shaped units
- 27%
What does SO18 earn?
SO18: asking rent £1,180 a month (12 months to Jul 2026, 303 lets).
Gross yield, asking basis
5.0% 12 months to Aug 2026
580 lets
+6.4% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
109 on 20 Sep 2026
How does SO18 vary by home size?
Asking rent in SO18 runs from £880 a month for 1 bedroom to £1,504 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £880 a month | 12 months to Aug 2026 | +2.2% on the previous 12 months | 185 |
| 2 bedrooms | £1,221 a month | 12 months to Aug 2026 | +6% on the previous 12 months | 249 |
| 3 bedrooms | £1,504 a month | 12 months to Aug 2026 | +2.5% on the previous 12 months | 104 |
| 4 bedrooms | Not published | — | — | — |
| 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 SO18?
Corporate landlords hold 78% of the 607 units in SO18 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords78% of classified · 472 units
- Housing associations12% of classified · 73 units
- Individuals (not traceable in bulk)8.9% of classified · 54 units
- RMC1.3% of classified · 8 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 SO18 rank?
SO18 ranks 6th of 6 postcode districts in City of Southampton for asking rent, at £1,180 a month.
Asking rent · postcode districts in City of Southampton
SO18 ranks 6th of 6 postcode districts in City of Southampton for asking rent, at £1,180 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | SO17 | £1,673 a month | 937 | measured |
| 2 | SO14 | £1,294 a month | 1,105 | measured |
| 3 | SO16 | £1,273 a month | 882 | measured |
| 4 | SO19 | £1,254 a month | 480 | measured |
| 5 | SO15 | £1,226 a month | 1,342 | measured |
| 6 | SO18 | £1,180 a month | 303 | measured |
Full table: asking rent across postcode districts in City of Southampton →
Gross yield, asking basis · postcode districts in City of Southampton
SO18 ranks 6th of 6 postcode districts in City of Southampton for gross yield, asking basis, at 5.0%.
Where next from SO18?
- City of SouthamptonThe wider market this area sits in.
- SO14Neighbouring postcode district · £2,797/m²
- SO15Neighbouring postcode district · £3,229/m²
- SO16Neighbouring postcode district · £3,955/m²
- SO17Neighbouring postcode district · £2,735/m²
- SO19Neighbouring postcode district · £3,396/m²
- SO30Next door, in another authority · £3,963/m²
- SO50Next door, in another authority · £3,901/m²
- SO31Next door, in another authority · £4,659/m²
- Homes for sale in SO18Live sale listings, the same place and cohort.
- Homes to rent in SO18Live lettings, the same place.
- Completed sales in SO18Registered completions, newest first.
- Planning applications in SO18Applications and decisions on record.
- Buildings in SO18Every building with its units, parcel and freeholder.
- Land in SO18Parcels, titles and adjacent ownership.
- Properties in SO18Every addressable home with its floor area, tenure and last sale.
- Estate agents in SO18Who actually lists here, ranked by volume over 12 months.
Questions about SO18
- What is the average rent in SO18?
- Homes to let in SO18 asked a median £1,180 a month over the 12 months to Jul 2026, 303 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SO18?
- 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 Aug 2026, 580 lets. +6.4% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 303 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 580 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |