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Average Rent in Leicester

As of January 2026, the average rent in Leicester is £1,024/month23% below the England average of £1,332. Rents have changed by +5.3% over the past year.

Source: ONS Private Rental Market Statistics, January 2026 (released 18 February 2026). Figures show mean monthly rents. Year-on-year changes compare the same period twelve months apart.

Key figures

  • Average rent: £1,024/month (23% below the England average of £1,332)
  • Rents are up +5.3% year-on-year
  • 1-bed average: £717/month
  • Market rents exceed LHA by £179/month for a 1-bed
Average rent
£1,024
+5.3%
1 bed
£717
+5.9%
2 bed
£893
+5.6%
3 bed
£1,044
+5.6%

Rent by bedroom type

Here's how average monthly rent in Leicester breaks down by number of bedrooms, with year-on-year change for each.

TypeAvg. rentYoY change
All properties£1,024+5.3%
1 bedroom£717+5.9%
2 bedrooms£893+5.6%
3 bedrooms£1,044+5.6%
4+ bedrooms£1,464+4.8%

Rent by property type

Average rents in Leicester also vary by property type. Flats and maisonettes tend to be cheaper than detached houses.

Property typeAvg. rent
Detached£1,361
Semi-detached£1,073
Terraced£1,009
Flat / maisonette£802

Local Housing Allowance comparison

The Local Housing Allowance (LHA) sets the maximum housing benefit for renters in the Leicester area (April 2024 to March 2025). Here's how it compares to actual market rents.

SizeLHA rateMarket rentGap
Shared£394
1 bed£539£717+£179
2 bed£648£893+£245
3 bed£773£1,044+£271
4 bed£1,047£1,464+£417

Where market rent exceeds the LHA rate, renters on housing benefit may need to cover the difference themselves.

Renting in Leicester: what to know

Leicester is in the East Midlands region of England. The average rent of £1,024 per month is 23% below the England average of £1,332. This is 19% above the East Midlands regional average of £860.

Rents in Leicester have risen +5.3% over the past year, broadly in line with the East Midlands average of +5.4%.

The Local Housing Allowance for the Leicester area is £539/month for a 1-bed, slightly below the market average of £717. Renters on housing benefit may face a modest shortfall of £179/month.

If you’re looking to rent in Leicester, building a strong credit profile can help you pass tenant referencing checks and access a wider range of properties. Reporting your rent payments to credit agencies is one way to start building that history.

FAQs

What is the average rent in Leicester?

The average rent in Leicester is £1,024 per month as of January 2026. This covers all property sizes. A 1-bed averages £717, a 2-bed £893, a 3-bed £1,044.

Is rent in Leicester going up or down?

Rents in Leicester have increased by +5.3% over the past year. This is above the national average rate of increase.

How does rent in Leicester compare to Local Housing Allowance?

The average 1-bed rent in Leicester (£717) is £179 above the LHA rate of £539 for the Leicester area. This means renters on housing benefit may face a shortfall.

Other areas in East Midlands

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