Average rent in Reigate and Banstead
The average private rent in Reigate and Banstead was £1,652 a month in September 2026, +3.2% on a year earlier. A two-bedroom home costs £1,493, 16% above the UK average of £1,287 and 16% above the average for the South East. It is the 9th most expensive of 64 areas in the South East. Over the past year, 3 bed homes rose fastest (+3.5%).
Rent by number of bedrooms
Average monthly private rent (pcm).
Salary needed to rent in Reigate and Banstead
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 | £1,149 | £45,960 | £34,470 |
| 2 bedrooms | £1,493 | £59,720 | £44,790 |
The median full-time salary for Reigate and Banstead residents is £43,434 (2025, £23.57 an hour). A one-bedroom at the average rent takes 32% of that before tax, above the 30% guideline.
Renting vs buying in Reigate and Banstead
How rents in Reigate and Banstead have changed
Average rent is +41.6% since 2016.
| Year | Average rent | 2 bed |
|---|---|---|
| 2026 | £1,652 | £1,493 |
| 2025 | £1,600 | £1,448 |
| 2024 | £1,534 | £1,383 |
| 2023 | £1,411 | £1,274 |
| 2022 | £1,296 | £1,171 |
| 2021 | £1,260 | £1,142 |
| 2020 | £1,226 | £1,115 |
| 2019 | £1,210 | £1,103 |
| 2018 | £1,190 | £1,088 |
| 2017 | £1,198 | £1,096 |
| 2016 | £1,167 | £1,069 |
Areas with similar rents
| # | Area | Region | 1 bed | 2 bed | 3 bed | Change (12m) |
|---|---|---|---|---|---|---|
| 1 | Brighton and Hove | South East | £1,194 | £1,525 | £1,806 | -0.8% |
| 2 | Bexley | London | £1,231 | £1,529 | £1,870 | +1.7% |
| 3 | Bath and North East Somerset | South West | £1,212 | £1,530 | £1,820 | +7.5% |
| 4 | Broxbourne | East of England | £1,136 | £1,456 | £1,788 | +3.5% |
| 5 | Woking | South East | £1,138 | £1,450 | £1,770 | -1.0% |
| 6 | Havering | London | £1,218 | £1,544 | £1,851 | +0.9% |
Frequently asked questions
What is the average rent in Reigate and Banstead?
The average private rent in Reigate and Banstead was £1,652 a month in September 2026, up 3.2% on a year earlier. A one-bedroom averaged £1,149 and a two-bedroom £1,493 (ONS Price Index of Private Rents).
What salary do you need to rent in Reigate and Banstead?
To keep a £1,149 one-bedroom rent within 30% of gross income you need about £45,960 a year. Letting agents usually ask for an annual income of 30 times the monthly rent, which is £34,470. The median full-time salary for residents is £43,434.
Is Reigate and Banstead expensive to rent compared with the rest of the UK?
A two-bedroom in Reigate and Banstead costs £1,493 a month, 16% above the UK average of £1,287. It ranks 236 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.