Average Rent in Waverley
As of January 2026, the average rent in Waverley is £1,427/month — 7% above the England average of £1,332. Unusually, rents have fallen 2.6% over the past year.
Key figures
- Average rent: £1,427/month (7% above the England average of £1,332)
- Rents are down 2.6% year-on-year — bucking the national trend
- 1-bed average: £1,033/month
- Market rents exceed LHA by £86/month for a 1-bed
Rent by bedroom type
Here's how average monthly rent in Waverley breaks down by number of bedrooms, with year-on-year change for each.
| Type | Avg. rent | YoY change |
|---|---|---|
| All properties | £1,427 | -2.6% |
| 1 bedroom | £1,033 | -2.1% |
| 2 bedrooms | £1,324 | -2.4% |
| 3 bedrooms | £1,598 | -2.8% |
| 4+ bedrooms | £2,321 | -3.5% |
Rent by property type
Average rents in Waverley also vary by property type. Flats and maisonettes tend to be cheaper than detached houses.
| Property type | Avg. rent |
|---|---|
| Detached | £2,090 |
| Semi-detached | £1,517 |
| Terraced | £1,376 |
| Flat / maisonette | £1,167 |
Local Housing Allowance comparison
The Local Housing Allowance (LHA) sets the maximum housing benefit for renters in the Guildford area (April 2024 to March 2025). Here's how it compares to actual market rents.
| Size | LHA rate | Market rent | Gap |
|---|---|---|---|
| Shared | £514 | — | — |
| 1 bed | £947 | £1,033 | +£86 |
| 2 bed | £1,222 | £1,324 | +£102 |
| 3 bed | £1,476 | £1,598 | +£122 |
| 4 bed | £1,973 | £2,321 | +£348 |
Where market rent exceeds the LHA rate, renters on housing benefit may need to cover the difference themselves.
Renting in Waverley: what to know
Waverley is in the South East region of England. The average rent of £1,427 per month is 7% above the England average of £1,332. This is roughly in line with the South East regional average of £1,379.
Rents in Waverley have fallen 2.6% over the past year, bucking the national trend of rising rents, slower than the South East average of +3.8%.
The Local Housing Allowance for the Guildford area is £947/month for a 1-bed, slightly below the market average of £1,033. Renters on housing benefit may face a modest shortfall of £86/month.
If you’re looking to rent in Waverley, 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 Waverley?
The average rent in Waverley is £1,427 per month as of January 2026. This covers all property sizes. A 1-bed averages £1,033, a 2-bed £1,324, a 3-bed £1,598.
Is rent in Waverley going up or down?
Rents in Waverley have decreased by 2.6% over the past year, which is unusual compared to the national picture where rents are generally rising.
How does rent in Waverley compare to Local Housing Allowance?
The average 1-bed rent in Waverley (£1,033) is £86 above the LHA rate of £947 for the Guildford area. This means renters on housing benefit may face a shortfall.
Related topics
Other areas in South East
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