Average rent in Fareham
The average private rent in Fareham was £1,179 a month in September 2026, +1.2% on a year earlier. A two-bedroom home costs £1,076, 16% below the UK average of £1,287 and 16% below the average for the South East. It is the 9th cheapest of 64 areas in the South East. Over the past year, 3 bed homes rose fastest (+1.5%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in Fareham
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 | £833 | £33,320 | £24,990 |
| 2 bedrooms | £1,076 | £43,040 | £32,280 |
The median full-time salary for Fareham residents is £43,740 (2025, £22.21 an hour). A one-bedroom at the average rent takes 23% of that before tax, within the 30% guideline.
Renting vs buying in Fareham
How rents in Fareham have changed
Average rent is +41.7% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £1,179 | £1,076 |
| 2025 | £1,165 | £1,061 |
| 2024 | £1,120 | £1,019 |
| 2023 | £1,032 | £938 |
| 2022 | £964 | £877 |
| 2021 | £933 | £851 |
| 2020 | £910 | £832 |
| 2019 | £892 | £816 |
| 2018 | £874 | £801 |
| 2017 | £857 | £785 |
| 2016 | £832 | £763 |
Areas with similar rents
| # | Area | Region | 1 bed | 2 bed | 3 bed | Change (12m) |
|---|---|---|---|---|---|---|
| 1 | North Somerset | South West | £822 | £1,082 | £1,350 | +3.1% |
| 2 | Eastbourne | South East | £823 | £1,083 | £1,313 | +1.9% |
| 3 | Solihull | West Midlands | £861 | £1,069 | £1,268 | +3.3% |
| 4 | Colchester | East of England | £821 | £1,066 | £1,306 | +1.7% |
| 5 | Salford | North West | £889 | £1,086 | £1,291 | +3.1% |
| 6 | Cardiff | Wales | £910 | £1,086 | £1,212 | +3.2% |
Frequently asked questions
What is the average rent in Fareham?
The average private rent in Fareham was £1,179 a month in September 2026, up 1.2% on a year earlier. A one-bedroom averaged £833 and a two-bedroom £1,076 (ONS Price Index of Private Rents).
What salary do you need to rent in Fareham?
To keep a £833 one-bedroom rent within 30% of gross income you need about £33,320 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £24,990. The median full-time salary for residents is £43,740.
Is Fareham expensive to rent compared with the rest of the UK?
A two-bedroom in Fareham costs £1,076 a month, 16% below the UK average of £1,287. It ranks 168 of 282 larger UK areas from cheapest to most expensive.
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.