Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £993 | £128,296 | 9.3% |
| Terraced | £1,293 | £207,914 | 7.5% |
| Semi-detached | £1,263 | £238,190 | 6.4% |
| Detached | £1,697 | £397,344 | 5.1% |
In Newcastle upon Tyne, flats give the highest gross yield, at 9.3%. 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 Newcastle upon Tyne compares in North East
Newcastle upon Tyne ranks 1 of 12 for average rent in North East, and 1 of 12 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Newcastle upon Tyne | £1,215 | +9.3% | 7.0% |
| North Tyneside | £857 | +7.0% | 5.0% |
| Gateshead | £804 | +5.8% | 6.2% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Newcastle upon Tyne
- Is my rent too low? Compare your rent with the Newcastle upon Tyne 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 Newcastle upon Tyne?
£1,215 a month across all private rented homes in August 2026, according to the ONS. That's +9.3% on a year earlier, and 54% above the North East average of £788.
What is the average rent for a 2-bedroom home in Newcastle upon Tyne?
£1,007 a month in August 2026, against £697 across North East. A 1-bedroom home averages £814 and a 3-bedroom home £1,194.
Is Newcastle upon Tyne good for buy-to-let?
The average gross yield in Newcastle upon Tyne is 7.0%, ranking 1 of 12 areas in North East. Flats yield the most, at 9.3%. 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.