Bristol, South Gloucestershire and North Somerset Lettings Market and Rental Yields
Latest lettings update
The UK rental market closed 2025 with a notable shift in momentum, marking only the second time in five years that average advertised rents have declined on a quarterly basis. According to the latest data, average advertised rents outside London fell to £1,370 per month in Q4 2025, a 1.1% decrease compared with Q3. (Rightmove)
There are currently 4,207 properties available to rent in Bristol which is 45.2% higher than a year ago. 63.8% of homes listed to rent in the past 12 months were flats. Properties rented in the last month had been on the market for an average of 15 days which is 15.5% longer than a year ago.
However, Bristol’s lettings market remains strong, with rents and landlord yields continuing to outperform much of the wider South West. Demand remains consistently robust across the city.
Average Monthly Rent
Private rents in Bristol average of £1,456 per month, with the average price for top 25% flats £2,223 (Dataloft, PriceHubble).
Bristol rental market
Rental appraisal
National view point
National data indicates that time to let averaged 17 days going into 2026 as the market rebalanced and supply increased. Bristol continues to mirror this trend: well‑priced properties typically let within 2-4 weeks, though overpriced listings can remain longer.
Supply & Property Mix
The most recent published Bristol‑specific supply figure shows -
4,207 properties available to rent in Bristol. 63.8% of homes listed in the prior 12 months were flats.
While not yet updated for 2026, this aligns with broader UK evidence showing increased rental stock - up 15% year‑on‑year nationally.
The market is shifting gradually toward balance
Supply has improved, but not enough to put downward pressure on rents. Demand remains strong, supported by Bristol’s universities, inward migration, and constrained housing supply. Rent growth is expected to moderate to 3-4% during 2026 as more stock comes online.
