Skip to main content

Stevenage property market

In Stevenage (East of England) the average private rent is £1,426/month (ONS, May 2026) and the average house price is £319,265 (HM Land Registry, April 2026). That puts rent 3% above and house prices 18% above the UK average. The gross rental yield works out at 5.4%.

Average rent
£1,426/mo
+4.1% YoY
Average house price
£319,265
+3.1% 12m
Gross rental yield
5.4%
UK avg 6.1%
Price-to-rent
18.7
UK avg 16.3

Rent vs buy in Stevenage

The average home in Stevenage costs about 18.7 years of average rent (price-to-rent ratio 18.7), 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 East of England

Frequently asked questions

What is the average rent in Stevenage?
The average monthly private rent in Stevenage is £1,426, according to the ONS Price Index of Private Rents (May 2026), +4.1% over the past 12 months. The UK average is £1,383.
What is the average house price in Stevenage?
The average house price in Stevenage is £319,265 (HM Land Registry UK House Price Index, April 2026), +3.1% over 12 months. The UK average is £270,080.
What is the gross rental yield in Stevenage?
Dividing the average annual rent (£17,112) by the average house price (£319,265) gives a gross rental yield of 5.4% in Stevenage. 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 Stevenage?
In Stevenage the average house price equals about 18.7 years of average rent (price-to-rent ratio 18.7). 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.