East Devon property market
In East Devon (South West) the average private rent is £973/month (ONS, May 2026) and the average house price is £345,899 (HM Land Registry, April 2026). That puts rent 30% below and house prices 28% above the UK average. The gross rental yield works out at 3.4%.
- Average rent
- £973/mo
- +7.3% YoY
- Average house price
- £345,899
- +1.6% 12m
- Gross rental yield
- 3.4%
- UK avg 6.1%
- Price-to-rent
- 29.6
- UK avg 16.3
Rent vs buy in East Devon
The average home in East Devon costs about 29.6 years of average rent (price-to-rent ratio 29.6), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
Nearby areas in South West
- Cheltenham£1,249/mo · £332,502
- South Gloucestershire£1,450/mo · £338,054
- Stroud£1,039/mo · £345,405
- Bristol, City of£1,883/mo · £353,662
- South Hams£1,000/mo · £375,098
- Cotswold£1,255/mo · £390,591
Frequently asked questions
- What is the average rent in East Devon?
- The average monthly private rent in East Devon is £973, according to the ONS Price Index of Private Rents (May 2026), +7.3% over the past 12 months. The UK average is £1,383.
- What is the average house price in East Devon?
- The average house price in East Devon is £345,899 (HM Land Registry UK House Price Index, April 2026), +1.6% over 12 months. The UK average is £270,080.
- What is the gross rental yield in East Devon?
- Dividing the average annual rent (£11,676) by the average house price (£345,899) gives a gross rental yield of 3.4% in East Devon. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in East Devon?
- In East Devon the average house price equals about 29.6 years of average rent (price-to-rent ratio 29.6). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.