Average Rent in Newark and Sherwood
As of January 2026, the average rent in Newark and Sherwood is £786/month — 41% below the England average of £1,332. Rents have changed by +3.6% over the past year.
Key figures
- Average rent: £786/month (41% below the England average of £1,332)
- Rents are up +3.6% year-on-year
- 1-bed average: £540/month
- Market rents exceed LHA by £116/month for a 1-bed
Rent by bedroom type
Here's how average monthly rent in Newark and Sherwood breaks down by number of bedrooms, with year-on-year change for each.
| Type | Avg. rent | YoY change |
|---|---|---|
| All properties | £786 | +3.6% |
| 1 bedroom | £540 | +4.2% |
| 2 bedrooms | £713 | +3.8% |
| 3 bedrooms | £861 | +3.6% |
| 4+ bedrooms | £1,278 | +2.4% |
Rent by property type
Average rents in Newark and Sherwood also vary by property type. Flats and maisonettes tend to be cheaper than detached houses.
| Property type | Avg. rent |
|---|---|
| Detached | £1,028 |
| Semi-detached | £826 |
| Terraced | £766 |
| Flat / maisonette | £633 |
Local Housing Allowance comparison
The Local Housing Allowance (LHA) sets the maximum housing benefit for renters in the Grantham & Newark area (April 2024 to March 2025). Here's how it compares to actual market rents.
| Size | LHA rate | Market rent | Gap |
|---|---|---|---|
| Shared | £375 | — | — |
| 1 bed | £424 | £540 | +£116 |
| 2 bed | £573 | £713 | +£140 |
| 3 bed | £653 | £861 | +£208 |
| 4 bed | £873 | £1,278 | +£405 |
Where market rent exceeds the LHA rate, renters on housing benefit may need to cover the difference themselves.
Renting in Newark and Sherwood: what to know
Newark and Sherwood is in the East Midlands region of England. The average rent of £786 per month is 41% below the England average of £1,332. This is 9% below the East Midlands regional average of £860.
Rents in Newark and Sherwood have risen +3.6% over the past year, slower than the East Midlands average of +5.4%.
The Local Housing Allowance for the Grantham & Newark area is £424/month for a 1-bed, slightly below the market average of £540. Renters on housing benefit may face a modest shortfall of £116/month.
Even in more affordable areas, landlords increasingly use credit checks during referencing. If you’re building credit for the first time or recovering from past issues, reporting your rent payments is a practical starting point.
FAQs
What is the average rent in Newark and Sherwood?
The average rent in Newark and Sherwood is £786 per month as of January 2026. This covers all property sizes. A 1-bed averages £540, a 2-bed £713, a 3-bed £861.
Is rent in Newark and Sherwood going up or down?
Rents in Newark and Sherwood have increased by +3.6% over the past year. This is broadly in line with national trends.
How does rent in Newark and Sherwood compare to Local Housing Allowance?
The average 1-bed rent in Newark and Sherwood (£540) is £116 above the LHA rate of £424 for the Grantham & Newark area. This means renters on housing benefit may face a shortfall.
Is Newark and Sherwood a good area for affordable renting?
With average rents of £786/month, Newark and Sherwood is well below the England average of £1,332. Lower rents can make it easier to save or manage a budget, though availability and property standards vary.
Related topics
Other areas in East Midlands
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