The short answer
The average private rent in Peterborough was £1,012 a month in August 2026, up 4.9% from £965 a year earlier. That is a faster rise than across the East of England (3.5%), although the regional average rent is higher, at £1,289.
- £1,012average monthly private rent, August 2026
- +4.9%annual change in Peterborough rents
- £235,000average house price, July 2026 (provisional)
Average rent by number of bedrooms
| Bedrooms | Average rent |
|---|---|
| One bedroom | £710 |
| Two bedrooms | £895 |
| Three bedrooms | £1,079 |
| Four or more bedrooms | £1,555 |
Over the year, the average rent for three-bedroom homes rose by 5.3%, and for homes with four or more bedrooms by 4.4%.
Average rent by property type
| Property type | Average rent |
|---|---|
| Flats and maisonettes | £805 |
| Terraced | £1,017 |
| Semi-detached | £1,062 |
| Detached | £1,405 |
Rents for terraced homes rose by 5.2% over the year, and for detached homes by 4.4%.
House prices in Peterborough
The average house price was £235,000 in July 2026 (provisional), in line with a year earlier. By type: detached £379,000, semi-detached £243,000, terraced £191,000, and flats and maisonettes £112,000. First-time buyers paid £206,000 on average.
What this means for landlords
Averages are useful context, but they are not a valuation. The rent your home can achieve depends on its size, condition, exact location, furnishing and what similar homes nearby are letting for. Since 1 May 2026, adverts must also state an asking rent, and offers above it cannot be invited or accepted – so setting the right rent from the start matters more than ever.
Want a figure for your property? Ask for a rental valuation in the free landlord check. We recommend an asking rent and explain how we reached it.
Sources
- Office for National Statistics, Housing prices in Peterborough (opens in a new tab) – last updated 16 September 2026 (private rents to August 2026; house prices to July 2026, provisional)
- GOV.UK, Renters' Rights Act: an overview for landlords (opens in a new tab)
Checked 28 September 2026.