Average rent in North West Leicestershire
The average private rent in North West Leicestershire was £920 a month in September 2026, +8.2% on a year earlier. A two-bedroom home costs £824, 36% below the UK average of £1,287 and in line with the average for the East Midlands. It is the 14th most expensive of 35 areas in the East Midlands. Over the past year, 3 bed homes rose fastest (+8.5%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in North West Leicestershire
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 | £637 | £25,480 | £19,110 |
| 2 bedrooms | £824 | £32,960 | £24,720 |
The median full-time salary for North West Leicestershire residents is £38,795 (2025, £19.83 an hour). A one-bedroom at the average rent takes 20% of that before tax, within the 30% guideline.
Renting vs buying in North West Leicestershire
How rents in North West Leicestershire have changed
Average rent is +52.1% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £920 | £824 |
| 2025 | £850 | £761 |
| 2024 | £800 | £714 |
| 2023 | £744 | £662 |
| 2022 | £690 | £615 |
| 2021 | £675 | £603 |
| 2020 | £648 | £580 |
| 2019 | £646 | £578 |
| 2018 | £634 | £569 |
| 2017 | £616 | £553 |
| 2016 | £605 | £544 |
Areas with similar rents
| # | Area | Region | 1 bed | 2 bed | 3 bed | Change (12m) |
|---|---|---|---|---|---|---|
| 1 | Bolton | North West | £658 | £822 | £997 | +9.7% |
| 2 | Torbay | South West | £621 | £819 | £1,001 | +3.7% |
| 3 | Nuneaton and Bedworth | West Midlands | £649 | £830 | £1,006 | +2.0% |
| 4 | Lincoln | East Midlands | £662 | £832 | £996 | +4.0% |
| 5 | Sefton | North West | £623 | £815 | £995 | +5.0% |
| 6 | Forth Valley | Scotland | £596 | £811 | £1,061 | +1.1% |
Frequently asked questions
What is the average rent in North West Leicestershire?
The average private rent in North West Leicestershire was £920 a month in September 2026, up 8.2% on a year earlier. A one-bedroom averaged £637 and a two-bedroom £824 (ONS Price Index of Private Rents).
What salary do you need to rent in North West Leicestershire?
To keep a £637 one-bedroom rent within 30% of gross income you need about £25,480 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £19,110. The median full-time salary for residents is £38,795.
Is North West Leicestershire expensive to rent compared with the rest of the UK?
A two-bedroom in North West Leicestershire costs £824 a month, 36% below the UK average of £1,287. It ranks 100 of 282 larger UK areas from cheapest to most expensive.
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.