Average rent in Melton
The average private rent in Melton was £810 a month in September 2026, +6.7% on a year earlier. A two-bedroom home costs £735, 43% below the UK average of £1,287 and 12% below the average for the East Midlands. It is the 9th cheapest of 35 areas in the East Midlands. Over the past year, 3 bed homes rose fastest (+6.9%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in Melton
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 | £559 | £22,360 | £16,770 |
| 2 bedrooms | £735 | £29,400 | £22,050 |
The median full-time salary for Melton residents is £33,900 (2025, £16.38 an hour). A one-bedroom at the average rent takes 20% of that before tax, within the 30% guideline.
Renting vs buying in Melton
How rents in Melton have changed
Average rent is +50.8% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £810 | £735 |
| 2025 | £759 | £688 |
| 2024 | £759 | £685 |
| 2023 | £644 | £580 |
| 2022 | £637 | £574 |
| 2021 | £610 | £551 |
| 2020 | £593 | £537 |
| 2019 | £577 | £522 |
| 2018 | £561 | £509 |
| 2017 | £551 | £499 |
| 2016 | £537 | £487 |
Areas with similar rents
| # | Area | Region | 1 bed | 2 bed | 3 bed | Change (12m) |
|---|---|---|---|---|---|---|
| 1 | North Tyneside | North East | £592 | £738 | £908 | +6.5% |
| 2 | Conwy | Wales | £590 | £738 | £865 | +2.8% |
| 3 | Preston | North West | £579 | £731 | £860 | +5.7% |
| 4 | West Lancashire | North West | £588 | £731 | £845 | +5.0% |
| 5 | Argyll and Bute | Scotland | £551 | £739 | £960 | -4.0% |
| 6 | Wakefield | Yorkshire and The Humber | £579 | £730 | £874 | +5.9% |
Frequently asked questions
What is the average rent in Melton?
The average private rent in Melton was £810 a month in September 2026, up 6.7% on a year earlier. A one-bedroom averaged £559 and a two-bedroom £735 (ONS Price Index of Private Rents).
What salary do you need to rent in Melton?
To keep a £559 one-bedroom rent within 30% of gross income you need about £22,360 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £16,770. The median full-time salary for residents is £33,900.
Is Melton expensive to rent compared with the rest of the UK?
A two-bedroom in Melton costs £735 a month, 43% below the UK average of £1,287.
All areas in the East 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.