Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £1,045 | £166,320 | 7.5% |
| Terraced | £1,405 | £275,644 | 6.1% |
| Semi-detached | £1,562 | £349,827 | 5.4% |
| Detached | £1,836 | £518,657 | 4.2% |
In Portsmouth, flats give the highest gross yield, at 7.5%. 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 Portsmouth compares in South East
Portsmouth ranks 32 of 64 for average rent in South East, and 1 of 64 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| South Oxfordshire | £1,402 | +3.5% | 3.5% |
| Rushmoor | £1,385 | +4.2% | 5.1% |
| Portsmouth | £1,368 | +2.4% | 6.5% |
| Vale of White Horse | £1,352 | +2.9% | 3.9% |
| Milton Keynes | £1,344 | +3.9% | 4.9% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Portsmouth
- Is my rent too low? Compare your rent with the Portsmouth 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 Portsmouth?
£1,368 a month across all private rented homes in August 2026, according to the ONS. That's +2.4% on a year earlier, and 4% below the South East average of £1,426.
What is the average rent for a 2-bedroom home in Portsmouth?
£1,135 a month in August 2026, against £1,273 across South East. A 1-bedroom home averages £901 and a 3-bedroom home £1,360.
Is Portsmouth good for buy-to-let?
The average gross yield in Portsmouth is 6.5%, ranking 1 of 64 areas in South East. Flats yield the most, at 7.5%. 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.