marketcodeWales rental market
How does Wales vary by home size?
Asking rent in Wales runs from £777 a month for 1 bedroom to £2,823 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £777 a month | 12 months to Aug 2026 | -6.7% on the previous 12 months | 13651 |
| 2 bedrooms | £1,048 a month | 12 months to Aug 2026 | +6% on the previous 12 months | 13190 |
| 3 bedrooms | £1,083 a month | 12 months to Aug 2026 | +3.4% on the previous 12 months | 7928 |
| 4 bedrooms | £1,649 a month | 12 months to Aug 2026 | +0.5% on the previous 12 months | 2824 |
| 5+ bedrooms | £2,823 a month | 12 months to Aug 2026 | +4.4% on the previous 12 months | 3457 |
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.
Where does Wales rank?
Cardiff leads the 22 local authorities within Wales for asking rent, at £1,428 a month.
Asking rent · local authorities within Wales
Cardiff leads the 22 local authorities within Wales for asking rent, at £1,428 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | Cardiff | £1,428 a month | 12,313 | measured |
| 2 | Ceredigion | £1,189 a month | 193 | measured |
| 3 | Monmouthshire | £1,145 a month | 496 | measured |
| 4 | the Vale of Glamorgan | £1,142 a month | 902 | measured |
| 5 | Flintshire | £991 a month | 663 | measured |
Full table: asking rent across local authorities within Wales →
Gross yield, asking basis · local authorities within Wales
Blaenau Gwent leads the 22 local authorities within Wales for gross yield, asking basis, at 5.8%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Blaenau Gwent | 5.8% | 509 | measured |
| 2 | Cardiff | 5.5% | 20,303 | measured |
| 3 | Neath Port Talbot | 5.4% | 582 | measured |
| 4 | Merthyr Tydfil | 5.3% | 507 | measured |
| 5 | Ceredigion | 5.0% | 323 | measured |
Full table: gross yield, asking basis across local authorities within Wales →
Where next from Wales?
- Blaenau GwentLocal authority · £2,007/m²
- BridgendLocal authority · £2,740/m²
- CaerphillyLocal authority · £2,585/m²
- CardiffLocal authority · £3,516/m²
- CarmarthenshireLocal authority · £2,550/m²
- CeredigionLocal authority · £2,787/m²
- ConwyLocal authority · £2,860/m²
- DenbighshireLocal authority · £2,750/m²
- FlintshireLocal authority · £3,011/m²
- GwyneddLocal authority · £2,793/m²
- Isle of AngleseyLocal authority · £3,211/m²
- Merthyr TydfilLocal authority · £1,796/m²
- Homes for sale in WalesLive sale listings, the same place and cohort.
- Homes to rent in WalesLive lettings, the same place.
- Completed sales in WalesRegistered completions, newest first.
- Planning applications in WalesApplications and decisions on record.
- Buildings in WalesEvery building with its units, parcel and freeholder.
- Land in WalesParcels, titles and adjacent ownership.