Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £919 | £144,814 | 7.6% |
| Terraced | £1,095 | £221,903 | 5.9% |
| Semi-detached | £1,151 | £275,144 | 5.0% |
| Detached | £1,434 | £443,346 | 3.9% |
In Birmingham, flats give the highest gross yield, at 7.6%. Gross yield is a year's rent divided by the price, before costs. Averages cover every home and tenancy, so a real purchase can differ: run the figures for a specific property in the rental yield calculator.
How Birmingham compares in West Midlands
Birmingham ranks 5 of 30 for average rent in West Midlands, and 2 of 30 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Stratford-on-Avon | £1,149 | +6.0% | 3.5% |
| Lichfield | £1,103 | +7.5% | 3.9% |
| Birmingham | £1,099 | +3.0% | 5.6% |
| Rugby | £1,049 | +5.4% | 4.6% |
| Coventry | £1,020 | +2.4% | 5.4% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Birmingham
- Is my rent too low? Compare your rent with the Birmingham average for your number of bedrooms.
- When can I raise the rent? Rent rises now follow the Section 13 process, once a year.
- Landlord compliance checklist: every check a let needs.
Questions landlords ask
What is the average rent in Birmingham?
£1,099 a month across all private rented homes in August 2026, according to the ONS. That's +3.0% on a year earlier, and 12% above the West Midlands average of £982.
What is the average rent for a 2-bedroom home in Birmingham?
£1,003 a month in August 2026, against £885 across West Midlands. A 1-bedroom home averages £830 and a 3-bedroom home £1,134.
Is Birmingham good for buy-to-let?
The average gross yield in Birmingham is 5.6%, ranking 2 of 30 areas in West Midlands. Flats yield the most, at 7.6%. Yields are lower where prices are high, so check the numbers on a real property before you buy.
Sources
Figures are averages for all private rented homes, including existing tenancies, so rents for new lets are usually higher. Updated monthly.