marketcodeAsking rent
£882 a month 12 months to Jul 2026
2,510 lets
Local authority
Wakefield rental market
Asking rent £882 a month · Gross yield 4.3% · 12 months, listings to Aug 2026
What does Wakefield earn?
Wakefield: asking rent £882 a month (12 months to Jul 2026, 2,510 lets).
Gross yield, asking basis
4.3% 12 months to Aug 2026
4,051 lets
+1.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
653 on 22 Sep 2026
How does Wakefield vary by home size?
Asking rent in Wakefield runs from £665 a month for 1 bedroom to £1,366 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £665 a month | 12 months to Aug 2026 | +9.1% on the previous 12 months | 922 |
| 2 bedrooms | £838 a month | 12 months to Aug 2026 | +4.3% on the previous 12 months | 1753 |
| 3 bedrooms | £1,018 a month | 12 months to Aug 2026 | +4.3% on the previous 12 months | 1050 |
| 4 bedrooms | £1,366 a month | 12 months to Aug 2026 | +1.6% on the previous 12 months | 222 |
| 5+ bedrooms | £1,219 a month | 12 months to Jun 2026 | — | 92 |
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 Wakefield?
Corporate landlords hold 88% of the 7,251 units in Wakefield whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords88% of classified · 6,408 units
- Individuals (not traceable in bulk)6.7% of classified · 484 units
- Housing associations4.2% of classified · 307 units
- RMC0.7% of classified · 52 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 Wakefield rank?
Wakefield ranks 2nd of 5 local authorities in West Yorkshire for asking rent, at £882 a month.
Asking rent · local authorities in West Yorkshire
Wakefield ranks 2nd of 5 local authorities in West Yorkshire for asking rent, at £882 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Leeds | £1,230 a month | 19,330 | measured |
| 2 | Wakefield | £882 a month | 2,510 | measured |
| 3 | Calderdale | £835 a month | 1,327 | measured |
| 4 | Kirklees | £826 a month | 3,047 | measured |
| 5 | Bradford | £826 a month | 3,049 | measured |
Full table: asking rent across local authorities in West Yorkshire →
Gross yield, asking basis · local authorities in West Yorkshire
Wakefield ranks 3rd of 5 local authorities in West Yorkshire for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Leeds | 5.2% | 36,485 | measured |
| 2 | Bradford | 4.4% | 5,265 | measured |
| 3 | Wakefield | 4.3% | 4,051 | measured |
| 4 | Calderdale | 4.1% | 2,907 | measured |
| 5 | Kirklees | 3.6% | 4,362 | measured |
Full table: gross yield, asking basis across local authorities in West Yorkshire →
Asking rent · postcode districts within Wakefield
WF4 leads the 10 postcode districts within Wakefield for asking rent, at £989 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | WF4 | £989 a month | 219 | measured |
| 2 | WF3 | £962 a month | 204 | measured |
| 3 | WF2 | £927 a month | 233 | measured |
| 4 | WF8 | £923 a month | 219 | measured |
| 5 | WF1 | £892 a month | 625 | measured |
Full table: asking rent across postcode districts within Wakefield →
Gross yield, asking basis · postcode districts within Wakefield
WF10 leads the 10 postcode districts within Wakefield for gross yield, asking basis, at 4.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | WF10 | 4.9% | 565 | measured |
| 2 | WF9 | 4.6% | 320 | measured |
| 3 | WF6 | 4.3% | 259 | measured |
| 4 | WF1 | 4.3% | 1,170 | measured |
| 5 | WF4 | 4.2% | 298 | measured |
Full table: gross yield, asking basis across postcode districts within Wakefield →
Where next from Wakefield?
- West YorkshireThe wider market this area sits in.
- WF1Postcode district · £2,537/m²
- WF10Postcode district · £2,227/m²
- WF2Postcode district · £2,869/m²
- WF3Postcode district · £3,260/m²
- WF4Postcode district · £3,950/m²
- WF5Postcode district · £3,419/m²
- WF6Postcode district · £2,402/m²
- WF7Postcode district · £2,456/m²
- WF8Postcode district · £2,736/m²
- WF9Postcode district · £2,688/m²
- BradfordNeighbouring local authority · £2,586/m²
- CalderdaleNeighbouring local authority · £2,750/m²
- KirkleesNeighbouring local authority · £2,825/m²
- LeedsNeighbouring local authority · £3,172/m²
- BarnsleyNext door, in another county · £2,275/m²
- DoncasterNext door, in another county · £2,229/m²
Questions about Wakefield
- What is the average rent in Wakefield?
- Homes to let in Wakefield asked a median £882 a month over the 12 months to Jul 2026, 2,510 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in Wakefield?
- 4.3% 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, 4,051 lets. +1.3% on the previous 12 months.
Everything else about Wakefield
- Properties in WakefieldEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in WakefieldFootprints, heights and the units inside them.
- Land and plots in WakefieldRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in WakefieldWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in WakefieldWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in WakefieldRegistered completions from Price Paid, newest first.
- Planning applications in WakefieldWhat was proposed, who decided it and whether it was approved.
- Estate agents active in WakefieldWho 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 | 2,510 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 4,051 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 22 Sep 2026 | 22 Sep 2026 | — |