Current Market Rents in West Midlands
Actual asking rents for rental properties calculated daily
Current market rents in West Midlands represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in West Midlands with our Asking Rents Report for West Midlands.
Summary of Rental Properties in West Midlands
| Total rental properties in West Midlands: | 5,186 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £1,192 |
| Median rent: | £1,084 |
| Average time on market (ToM) of unlet property in West Midlands: | 233 days |
| Median time on market (ToM) of unlet property: | 37 days |
Rental Properties in West Midlands by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 30 | 279 days |
| £250 to £500 pcm | 227 | 237 days |
| £500 to £1,000 pcm | 1,939 | 306 days |
| £1,000 to £2,000 pcm | 2,599 | 194 days |
| £2,000 to £5,000 pcm | 372 | 234 days |
| over £5,000 pcm | 19 | 189 days |
Rental Prices in West Midlands by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 1,343 | £812 | £802 | 291 days |
| Two bedrooms | 1,624 | £1,089 | £1,056 | 273 days |
| Three bedrooms | 962 | £1,432 | £1,408 | 177 days |
| Four bedrooms | 305 | £1,773 | £1,732 | 255 days |
| Five bedrooms | 180 | £2,180 | £2,187 | 229 days |
Rental Prices in West Midlands by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 2,633 | £962 | £930 | 276 days |
| Terraced | 677 | £1,229 | £1,193 | 205 days |
| Semi-detached | 612 | £1,330 | £1,309 | 210 days |
| Detached | 398 | £1,816 | £1,637 | 267 days |