Average rent in Coventry
The average private rent in Coventry was £1,022 a month in September 2026, +2.3% on a year earlier. A two-bedroom home costs £915, 29% below the UK average of £1,287 and 3% above the average for the West Midlands. It is the 7th most expensive of 30 areas in the West Midlands. Over the past year, 3 bed homes rose fastest (+2.6%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in Coventry
Two common tests: rent at no more than 30% of gross income, and the letting-agent referencing check of an annual income at least 30× the monthly rent.
| Home | Rent (pcm) | Salary for 30% rule | Agent check (30× rent) |
|---|---|---|---|
| 1 bedroom | £760 | £30,400 | £22,800 |
| 2 bedrooms | £915 | £36,600 | £27,450 |
The median full-time salary for Coventry residents is £37,759 (2025, £18.72 an hour). A one-bedroom at the average rent takes 24% of that before tax, within the 30% guideline.
Renting vs buying in Coventry
How rents in Coventry have changed
Average rent is +51.9% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £1,022 | £915 |
| 2025 | £999 | £894 |
| 2024 | £970 | £864 |
| 2023 | £890 | £791 |
| 2022 | £816 | £727 |
| 2021 | £786 | £702 |
| 2020 | £753 | £675 |
| 2019 | £748 | £671 |
| 2018 | £730 | £657 |
| 2017 | £706 | £637 |
| 2016 | £673 | £608 |
Areas with similar rents
| # | Area | Region | 1 bed | 2 bed | 3 bed | Change (12m) |
|---|---|---|---|---|---|---|
| 1 | Worcester | West Midlands | £716 | £915 | £1,095 | +6.1% |
| 2 | Nottingham | East Midlands | £735 | £916 | £1,054 | +1.7% |
| 3 | Somerset | South West | £695 | £918 | £1,142 | +6.3% |
| 4 | Blaby | East Midlands | £711 | £912 | £1,083 | +4.9% |
| 5 | Harborough | East Midlands | £719 | £919 | £1,127 | +4.5% |
| 6 | Ipswich | East of England | £748 | £921 | £1,054 | +4.5% |
Frequently asked questions
What is the average rent in Coventry?
The average private rent in Coventry was £1,022 a month in September 2026, up 2.3% on a year earlier. A one-bedroom averaged £760 and a two-bedroom £915 (ONS Price Index of Private Rents).
What salary do you need to rent in Coventry?
To keep a £760 one-bedroom rent within 30% of gross income you need about £30,400 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £22,800. The median full-time salary for residents is £37,759.
Is Coventry expensive to rent compared with the rest of the UK?
A two-bedroom in Coventry costs £915 a month, 29% below the UK average of £1,287. It ranks 135 of 282 larger UK areas from cheapest to most expensive.
All areas in the West Midlands →
Rents: ONS Price Index of Private Rents (September 2026), average of new and existing private tenancies — official statistics in development. House prices: HM Land Registry UK House Price Index. Pay: ONS Annual Survey of Hours and Earnings, median gross pay of full-time employees by place of residence. Contains public sector information licensed under the Open Government Licence v3.0. See our methodology.