Current Market Rents in Tyne and Wear
Actual asking rents for rental properties calculated daily
Current market rents in Tyne and Wear represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in Tyne and Wear with our Asking Rents Report for Tyne and Wear.
Summary of Rental Properties in Tyne and Wear
| Total rental properties in Tyne and Wear: | 2,333 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £1,020 |
| Median rent: | £896 |
| Average time on market (ToM) of unlet property in Tyne and Wear: | 241 days |
| Median time on market (ToM) of unlet property: | 42 days |
Rental Properties in Tyne and Wear by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 2 | 94 days |
| £250 to £500 pcm | 125 | 135 days |
| £500 to £1,000 pcm | 1,110 | 245 days |
| £1,000 to £2,000 pcm | 718 | 325 days |
| £2,000 to £5,000 pcm | 357 | 246 days |
| over £5,000 pcm | 21 | 230 days |
Rental Prices in Tyne and Wear by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 360 | £763 | £758 | 281 days |
| Two bedrooms | 781 | £895 | £816 | 256 days |
| Three bedrooms | 478 | £1,106 | £1,022 | 263 days |
| Four bedrooms | 173 | £1,497 | £1,516 | 252 days |
| Five bedrooms | 97 | £1,727 | £1,725 | 338 days |
Rental Prices in Tyne and Wear by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 1,416 | £880 | £794 | 230 days |
| Terraced | 263 | £1,175 | £1,146 | 385 days |
| Semi-detached | 198 | £1,122 | £1,031 | 158 days |
| Detached | 145 | £1,294 | £1,268 | 209 days |