York Rental Market Insights - Pycroft Property Management

York remains a standout market for landlords and investors, with demand from students, professionals and relocators keeping occupancy high.

York remains a standout market for landlords and investors, with demand from students, professionals and relocators keeping occupancy high. Fresh data shows:

Average monthly rents range from c. £804 for one-bedroom properties to c. £1,635 for four-plus bedrooms.

The average advertised rent is around £1,549, with a median of £1,300.

Rents have increased by about 4.8 % since summer 2024, outpacing the regional average.

Despite rising prices, Yorkshire & The Humber currently has the lowest rent inflation of any English region (around 3.5 % year-on-year).

For investors, yields remain attractive, particularly in areas like Acomb and Fishergate; for tenants, early planning and flexibility on size/location are key.

Comments about this from Will Pycroft Managing Director PPM 

The rental market in York has continued its upward trajectory this year, with the latest data showing average monthly rents now sitting at £1,549 and a median of £1,300 across all property types. One-bed properties are averaging around £804 per month, two-beds £997, three-beds £1,178 and four-plus bedrooms £1,635. That represents an overall increase of 4.8 % since last summer, outpacing the regional average in Yorkshire & The Humber. From what we’re seeing day-to-day, demand from students and professionals remains exceptionally strong, and quality properties are letting within days.


As someone working closely with both landlords and tenants, it’s clear to me that York continues to be a robust market for investors, particularly those willing to invest in the presentation and maintenance of their properties. With supply still limited, landlords who focus on quality can achieve strong yields and longer tenancies. At the same time, affordability is becoming a real challenge for many renters, and I believe the next 12 months will be defined by how well the market balances demand, rising costs and tenant retention.

Feel free to reach out if you’d like to discuss the data or explore opportunities in York’s rental market.

 

Will Pycroft