Average Rent in Milton Keynes
As of January 2026, the average rent in Milton Keynes is £1,325/month — roughly in line with the England average of £1,332. Rents have changed by +3.3% over the past year.
Key figures
- Average rent: £1,325/month (roughly in line with the England average of £1,332)
- Rents are up +3.3% year-on-year
- 1-bed average: £962/month
- Market rents exceed LHA by £189/month for a 1-bed
Rent by bedroom type
Here's how average monthly rent in Milton Keynes breaks down by number of bedrooms, with year-on-year change for each.
| Type | Avg. rent | YoY change |
|---|---|---|
| All properties | £1,325 | +3.3% |
| 1 bedroom | £962 | +3.9% |
| 2 bedrooms | £1,198 | +3.6% |
| 3 bedrooms | £1,428 | +3.3% |
| 4+ bedrooms | £2,069 | +2.4% |
Rent by property type
Average rents in Milton Keynes also vary by property type. Flats and maisonettes tend to be cheaper than detached houses.
| Property type | Avg. rent |
|---|---|
| Detached | £1,932 |
| Semi-detached | £1,400 |
| Terraced | £1,325 |
| Flat / maisonette | £1,123 |
Local Housing Allowance comparison
The Local Housing Allowance (LHA) sets the maximum housing benefit for renters in the Milton Keynes area (April 2024 to March 2025). Here's how it compares to actual market rents.
| Size | LHA rate | Market rent | Gap |
|---|---|---|---|
| Shared | £500 | — | — |
| 1 bed | £773 | £962 | +£189 |
| 2 bed | £922 | £1,198 | +£276 |
| 3 bed | £1,192 | £1,428 | +£236 |
| 4 bed | £1,491 | £2,069 | +£578 |
Where market rent exceeds the LHA rate, renters on housing benefit may need to cover the difference themselves.
Renting in Milton Keynes: what to know
Milton Keynes is in the South East region of England. The average rent of £1,325 per month is roughly in line with the England average of £1,332. This is 4% below the South East regional average of £1,379.
Rents in Milton Keynes have risen +3.3% over the past year, broadly in line with the South East average of +3.8%.
The Local Housing Allowance for the Milton Keynes area is £773/month for a 1-bed, slightly below the market average of £962. Renters on housing benefit may face a modest shortfall of £189/month.
If you’re looking to rent in Milton Keynes, 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 Milton Keynes?
The average rent in Milton Keynes is £1,325 per month as of January 2026. This covers all property sizes. A 1-bed averages £962, a 2-bed £1,198, a 3-bed £1,428.
Is rent in Milton Keynes going up or down?
Rents in Milton Keynes have increased by +3.3% over the past year. This is broadly in line with national trends.
How does rent in Milton Keynes compare to Local Housing Allowance?
The average 1-bed rent in Milton Keynes (£962) is £189 above the LHA rate of £773 for the Milton Keynes area. This means renters on housing benefit may face a shortfall.
Related topics
Other areas in South East
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