Cheltenham Average Rent & Private Rental Prices
What tenants in Cheltenham pay in rent: the average monthly private rent, how it has changed since 2015, and how it splits by bedrooms and property type.
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- Latest figures for August 2026
Average Rent in Cheltenham
The average private rent in Cheltenham was £1,261 a month in August 2026, up 4.8% on a year earlier. That is £198 a month below the England average of £1,459, and £16 above the South West average of £1,245.
The figures come from the Office for National Statistics’ Price Index of Private Rents, which measures the rents tenants are actually paying across all private tenancies, both new lets and existing ones, rather than the asking rents on listing sites. Because it includes long-running tenancies where the rent changes once a year at most, it moves more slowly than the rents advertised for new lets today.
Below you can see how rents have changed month by month since 2015, how they differ by the number of bedrooms and by property type, and how Cheltenham compares with the rest of the South West and England. Moving here to study? Our student guide covers finding somewhere to live, and our house prices page shows what homes are selling for.
Average Monthly Rent since 2015
Annual Rent Change
Rent by Number of Bedrooms
| Bedrooms | Average Monthly Rent | Change on a Year Earlier |
|---|---|---|
| One bedroom | £869 | +4.9% |
| Two bedrooms | £1,096 | +4.8% |
| Three bedrooms | £1,354 | +5.1% |
| Four or more bedrooms | £1,908 | +4.2% |
Rent by Property Type
| Property Type | Average Monthly Rent | Change on a Year Earlier |
|---|---|---|
| Detached | £1,753 | +4.5% |
| Semi-detached | £1,337 | +5.1% |
| Terraced | £1,216 | +5.1% |
| Flat or maisonette | £985 | +4.5% |
Average Rent in August Each Year
| Month | Average Monthly Rent | Change on a Year Earlier |
|---|---|---|
| 2026-08 | £1,261 | +4.8% |
| 2025-08 | £1,203 | +4.5% |
| 2024-08 | £1,150 | +8.4% |
| 2023-08 | £1,062 | +8.7% |
| 2022-08 | £976 | +4.7% |
| 2021-08 | £932 | +2.4% |
| 2020-08 | £910 | +1.8% |
| 2019-08 | £894 | +0.6% |
| 2018-08 | £889 | +1.9% |
| 2017-08 | £872 | +1.9% |
| 2016-08 | £856 | +3.3% |
| 2015-08 | £829 | — |
Data from the Office for National Statistics — Price Index of Private Rents, edition released 16 September 2026. Rents are not seasonally adjusted and are rounded to the nearest pound. Last updated 20 September 2026.
FAQs
Where Does the Rent Data Come From?
The Office for National Statistics' Price Index of Private Rents, published monthly under the Open Government Licence. It covers rents across all private tenancies in each local authority area in England, and we show Cheltenham alongside the South West and England for comparison.
Are These Asking Rents or Rents Actually Paid?
Rents actually paid. The index covers new and existing private tenancies, so it lags the asking rents on property websites, which reflect what landlords want for new lets today. If you are searching now, expect advertised rents to sit above the averages shown here.
How Often Is It Updated?
The ONS publishes a new month of data once a month, and this page is refreshed monthly to pick it up. The latest month is usually a few weeks behind the current date.
Why Do Rents Change Month to Month by Only a Small Amount?
Because the index measures every private tenancy, and most tenancies only change rent once a year at most, monthly movements are small. The annual change is the better figure to look at.
I'm a Student. Where Can I Find More Help With Renting?
Our student guide to Cheltenham covers finding somewhere to live, the University of Gloucestershire page shows where its campuses are, and the housing supply page shows how much student accommodation has been added or lost.