Bristol, South Gloucestershire and North Somerset Lettings Market and Rental Yields
Latest lettings update
There are currently 5,562 properties available to rent in Bristol which is 97.5% higher than a year ago. 64.8% 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 18 days which is 20.2% longer than a year ago.
Average Monthly Rent
Over the last 12 months, the average rent achieved for homes let in Bristol was £1,565 per month. This is a +3.1% change on the previous 12 month period.
67% of homes let in the past 12 months were flats, achieving an average rental value of £1,420 per month. Houses achieved an average rent of £1,936 per month.
Bristol rental market
Bristol’s lettings market remains very strong, with rents and landlord yields continuing to outperform much of the wider South West. Demand remains consistently robust across the city.
Bristol Yields
Bristol’s average gross rental yield is around 6.0% in early 2026, outperforming many major UK cities where yields typically sit below 5%.
Yields vary widely across the city, with districts such as BS16 and BS34 achieving up to 8-8.5%, (student accommodation) while more premium areas often fall closer to 4-5%.
High‑demand neighbourhoods like Easton and Fishponds continue to deliver strong returns, frequently reaching 7-8% gross yields.
Overall, Bristol remains a robust lettings market, with yields consistently outperforming much of the wider South West region.
National view point
National data indicates that time to let is averaging around 2–3 weeks (c.17–20 days) as the market rebalances, with supply improving and demand easing slightly.
The market is shifting gradually toward balance
Bristol continues to reflect this trend. Well‑priced properties typically let within 2–4 weeks, while those priced too high can take longer to secure a tenant.
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.
