Average Rent, House Prices and Buy-to-Let Yield in Stevenage (July 2026)
The average private rent in Stevenage is £1,436 a month (ONS, July 2026) and the average house price £323,429 (HM Land Registry, June 2026): a gross yield of 5.3%, ranked 48 of 316 local authorities.
Rent in Stevenage
The average private rent across all property types is £1,436 a month (+4.2% on a year earlier). The regional median in the East of England is £1,249.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £1,025 | £12,300 a year |
| 2 bedrooms | £1,317 | £15,804 a year |
| 3 bedrooms | £1,546 | £18,552 a year |
| 4+ bedrooms | £2,121 | £25,452 a year |
The bedroom ladder in Stevenage: one to two bedrooms adds 28.5% to the rent, two to three adds 17.4% and three to four-plus adds 37.2% (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 Stevenage
The average price paid is £323,429 (+4.7% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £661,108 |
| Semi-detached | £405,406 |
| Terraced | £320,761 |
| Flat | £175,390 |
Rents and prices moved together in Stevenage — +4.2% and +4.7% over the year — so the gross yield on offer is roughly where it was twelve months ago. Stevenage ranks 145th of 316 local authorities for rent growth and 90th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Stevenage
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £1,317 | £175,390 | 9% | 7.5% |
| Terraced house | £1,546 | £320,761 | 5.8% | 5.7% |
| Semi-detached | £1,546 | £405,406 | 4.6% | 4.6% |
| Detached | £2,121 | £661,108 | 3.8% | 4.1% |
On these pairings the strongest gross yield in Stevenage is on flats at 9%, 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 5.3% (rent × 12 ÷ price) — rank 48 of 316 local authorities; the regional median is 4.2%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £43,080 a year for the average rent.
- EPC before 2030: 27% of EPCs lodged in Stevenage over the last year were below band C — the level a rented home needs by 1 October 2030 — with 26% at D (EPC ratings in Stevenage).
- Council tax: Band D in Stevenage is £2,392 for 2026/27 (council tax in Stevenage).
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 £1,436 supports a loan of about £216,075, which is 66.8% 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 Stevenage
- Yield calculator with £323,429 and £1,436 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £1,436 a month
- Rental income tax on £17,232 a year of rent
Nearest neighbours by yield, in the East of England
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Harlow | £1,518 | £313,338 | 5.8% | +4.2% |
| Watford | £1,823 | £396,385 | 5.5% | +3.4% |
| Ipswich | £993 | £219,070 | 5.4% | +4.1% |
| Peterborough | £1,003 | £237,846 | 5.1% | +4.1% |
| Luton | £1,221 | £289,790 | 5.1% | +2.4% |
| Thurrock | £1,375 | £327,176 | 5% | +4.8% |
All 316 areas ranked · council tax in Stevenage · EPC ratings in Stevenage.
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
£1,436 a month across all property types (ONS Price Index of Private Rents, July 2026), up 4.2% on a year earlier.
£323,429 (HM Land Registry UK House Price Index, June 2026).
About 5.3% gross on the averages — £1,436 rent against a £323,429 price — ranking 48 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 9% gross (£1,317 rent on a £175,390 price), against an England-and-Wales median of 7.5% for that type.
Rents +4.2% against prices +4.7% over the year — moving together, so yield is broadly stable.
Referencing at 30 times the monthly rent points to roughly £43,080 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in Stevenage
Council tax bands, sold prices and build periods for each district — all SG postcodes.