Wolverhampton property market
In Wolverhampton (West Midlands) the average private rent is £934/month (ONS, May 2026) and the average house price is £215,264 (HM Land Registry, April 2026). That puts rent 32% below and house prices 20% below the UK average. The gross rental yield works out at 5.2%.
- Average rent
- £934/mo
- +11.6% YoY
- Average house price
- £215,264
- +4.5% 12m
- Gross rental yield
- 5.2%
- UK avg 6.1%
- Price-to-rent
- 19.2
- UK avg 16.3
Rent vs buy in Wolverhampton
The average home in Wolverhampton costs about 19.2 years of average rent (price-to-rent ratio 19.2), 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.
Rent affordability in Wolverhampton
Average rent of £934/month is about 32% of the local full-time gross median salary of £34,733 (ONS ASHE 2024). The ONS guideline treats rent at or below 30% of income as "affordable", so Wolverhampton is above that threshold on this proxy.
Honesty note: this uses individual full-time pay, not household income, so it sits above the official household-based series. ONS Private rental affordability, England (FYE2024). Median income of private-renting households basis — distinct from the proxy below.
Go deeper
- Rent in Wolverhampton (1/2/3/4-bed breakdown)£934
- House prices in Wolverhampton (by property type)£215,264
Nearby areas in West Midlands
- Newcastle-under-Lyme£826/mo · £199,463
- Sandwell£940/mo · £212,547
- Walsall£908/mo · £214,922
- Coventry£1,017/mo · £218,334
- Telford and Wrekin£856/mo · £220,193
- East Staffordshire£838/mo · £224,317
Frequently asked questions
- What is the average rent in Wolverhampton?
- The average monthly private rent in Wolverhampton is £934, according to the ONS Price Index of Private Rents (May 2026), +11.6% over the past 12 months. The UK average is £1,383.
- What is the average house price in Wolverhampton?
- The average house price in Wolverhampton is £215,264 (HM Land Registry UK House Price Index, April 2026), +4.5% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Wolverhampton?
- Dividing the average annual rent (£11,208) by the average house price (£215,264) gives a gross rental yield of 5.2% in Wolverhampton. 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 Wolverhampton?
- In Wolverhampton the average house price equals about 19.2 years of average rent (price-to-rent ratio 19.2). 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.
- Is rent affordable in Wolverhampton?
- The average rent in Wolverhampton (£934/month) is about 32% of the local full-time gross median salary of £34,733 (ONS ASHE 2024). The ONS guideline is that rent at or below 30% of income is "affordable", so Wolverhampton is above that threshold on this proxy. Note this uses individual full-time pay, not household income, so it sits above the official household-based series.
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.