Lettings Market for Landlords

The Chester Lettings Market in 2026

As we look at the property rental market in Chester, it’s positive. In 2026, this city is full of opportunities for landlords and renters. If you’re a landlord looking for reliable management, you’re in the right place! Let's see what makes Chester Lettings attractive today.

Rental Values on the Rise in Chester

The average rent for houses in Chester stands around £1,200 per month, while flats are averaging about £950 per month. HMOs are a special niche for investors, and professional advice is recommended to understand renter requirements. Good quality rooms will rent for as much as £800 per month. Demand is strong for all types of homes. For families needing more space and young professionals wanting to live close to the city centre, Chester is great for all kinds of renters.

Higher rental values mean better returns on your investment. Rents in Chester tend to increase at a higher rate than the North West average.

In recent years, the demand for new homes has increased, reflecting people's desire to live in Chester.

Chester has seen over 1,500 new build properties built since 2020. These homes cater to various needs—families looking for larger spaces, young professionals seeking modern apartments, and retirees desiring peaceful neighbourhoods.

The 2026 Chester rental market is forecast to remain resilient with continued high demand, although growth may moderate to around 3-4%

Key forecasts for the Chester rental market in 2026 include:

• Stable Rental Growth: Rental income is expected to normalize, with growth projected in the 3-4% range, driven by a reduction in inflation.
• Demand and Supply: The market continues to face a supply-demand imbalance, with well-presented homes most sought after.
• Market Pricing: While demand is high, the market is settling, with some properties requiring price adjustments to shorten void periods.
• Yields: As of early 2026, Chester offers a healthy rental yield of around 5.8%, which is above the estimated national average of 5.2%.
• Impact of Regulations: Landlords have to deal with tighter legislation and higher operating costs, making professional management crucial for success.

General Outlook:

• Popular Areas: Demand remains strong in areas such as Chester City Centre and suburban areas like Hoole.
• Investment Appeal: The city remains popular and affordable for investment.

The market in 2026 will reward landlords who provide well-maintained, high-quality properties and are quick to adapt to shifting rental trends.

House Prices

Across the North West, the average house price in November 2025 was £217,000, which was more than a year earlier (£208,000).

This meant that, in November 2025, Cheshire West and Chester had the fifth highest average house price in the North West.

Rental Values

In 2025 the average rent for terraced properties and flats or maisonettes in West Cheshire and Chester rose by 7.3%, while for detached properties, it increased by 6.1%.

Average rent for one bed properties rose by 7.7%, while the average for four-or-more bed properties increased by 6.1%

Change in average rents by bedroom number in Cheshire West and Chester – 2025