Average Rent, House Prices and Buy-to-Let Yield in Oxford (July 2026)
The average private rent in Oxford is £1,966 a month (ONS, July 2026) and the average house price £466,815 (HM Land Registry, June 2026): a gross yield of 5.1%, ranked 75 of 316 local authorities.
Rent in Oxford
The average private rent across all property types is £1,966 a month (+4.8% on a year earlier). The regional median in the South East is £1,355.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £1,353 | £16,236 a year |
| 2 bedrooms | £1,669 | £20,028 a year |
| 3 bedrooms | £2,037 | £24,444 a year |
| 4+ bedrooms | £2,863 | £34,356 a year |
The bedroom ladder in Oxford: one to two bedrooms adds 23.4% to the rent, two to three adds 22% and three to four-plus adds 40.5% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Oxford
The average price paid is £466,815 (-0.9% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £947,997 |
| Semi-detached | £576,473 |
| Terraced | £456,774 |
| Flat | £285,194 |
Rents are outrunning prices in Oxford. Rents moved +4.8% over the year against −0.9% for prices — a gap of 5.7 points that lifts the gross yield a buyer sees today. Oxford ranks 120th of 316 local authorities for rent growth and 271st of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Oxford
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £1,669 | £285,194 | 7% | 7.5% |
| Terraced house | £2,037 | £456,774 | 5.4% | 5.7% |
| Semi-detached | £2,037 | £576,473 | 4.2% | 4.6% |
| Detached | £2,863 | £947,997 | 3.6% | 4.1% |
On these pairings the strongest gross yield in Oxford is on flats at 7%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 5.1% (rent × 12 ÷ price) — rank 75 of 316 local authorities; the regional median is 4.3%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £58,980 a year for the average rent.
- EPC before 2030: 42% of EPCs lodged in Oxford over the last year were below band C — the level a rented home needs by 1 October 2030 — with 38% at D (EPC ratings in Oxford).
- Council tax: Band D in Oxford is £2,678 for 2026/27, and the council charges a 100% second-home premium (council tax in Oxford).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £1,966 supports a loan of about £295,824, which is 63.4% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Oxford
- Yield calculator with £466,815 and £1,966 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £1,966 a month
- Rental income tax on £23,592 a year of rent
Nearest neighbours by yield, in the South East
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Reading | £1,573 | £361,243 | 5.2% | +1.9% |
| Hastings | £1,006 | £236,966 | 5.1% | +1.6% |
| Rushmoor | £1,387 | £328,963 | 5.1% | +5.6% |
| Medway | £1,236 | £296,182 | 5% | +2.5% |
| Thanet | £1,114 | £268,760 | 5% | +3.8% |
| Milton Keynes | £1,343 | £325,104 | 5% | +3.8% |
All 316 areas ranked · council tax in Oxford · EPC ratings in Oxford.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£1,966 a month across all property types (ONS Price Index of Private Rents, July 2026), up 4.8% on a year earlier.
£466,815 (HM Land Registry UK House Price Index, June 2026).
About 5.1% gross on the averages — £1,966 rent against a £466,815 price — ranking 75 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7% gross (£1,669 rent on a £285,194 price), against an England-and-Wales median of 7.5% for that type.
Rents +4.8% against prices −0.9% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £58,980 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in Oxford
Council tax bands, sold prices and build periods for each district — all OX postcodes.