Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £1,147 | £195,305 | 7.0% |
| Terraced | £1,405 | £254,936 | 6.6% |
| Semi-detached | £1,496 | £329,518 | 5.4% |
| Detached | £1,878 | £479,953 | 4.7% |
In Manchester, flats give the highest gross yield, at 7.0%. 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 Manchester compares in North West
Manchester ranks 1 of 35 for average rent in North West, and 1 of 35 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Manchester | £1,373 | +4.2% | 6.5% |
| Trafford | £1,369 | +2.5% | 4.1% |
| Salford | £1,170 | +3.3% | 6.1% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Manchester
- Is my rent too low? Compare your rent with the Manchester 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 Manchester?
£1,373 a month across all private rented homes in August 2026, according to the ONS. That's +4.2% on a year earlier, and 42% above the North West average of £969.
What is the average rent for a 2-bedroom home in Manchester?
£1,233 a month in August 2026, against £882 across North West. A 1-bedroom home averages £1,003 and a 3-bedroom home £1,433.
Is Manchester good for buy-to-let?
The average gross yield in Manchester is 6.5%, ranking 1 of 35 areas in North West. Flats yield the most, at 7.0%. 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.