Quarterday

Average private rent in Milton Keynes

In September 2026 the average private rent in Milton Keynes was £1,346 a month, up 4.0% on a year earlier. That is 6% below the South East average of £1,438, and the 35th highest of 64 councils in the region.

By number of bedrooms

Mean monthly rent, September 2026. Change is over 12 months.
Size Milton Keynes 12-month change South East England
1 bedroom £979 +4.2% £1,000 £1,199
2 bedrooms £1,219 +4.2% £1,284 £1,341
3 bedrooms £1,455 +4.5% £1,566 £1,497
4+ bedrooms £2,092 +3.7% £2,231 £2,170
All sizes £1,346 +4.0% £1,438 £1,466
By property type, September 2026
TypeMilton KeynesSouth East
Detached£1,957£2,003
Semi-detached£1,426£1,589
Terraced£1,347£1,459
Flat or maisonette£1,139£1,154

Three-year trend

Average monthly private rent, Milton Keynes and South East Milton Keynes: £1,189 in September 2023, £1,346 in September 2026. South East: £1,438 in September 2026. £1,100 £1,200 £1,300 £1,400 £1,500 Jan 24 Jan 25 Jan 26 Sept 26 September 2023: £1,189 October 2023: £1,195 November 2023: £1,200 December 2023: £1,205 January 2024: £1,207 February 2024: £1,210 March 2024: £1,213 April 2024: £1,216 May 2024: £1,218 June 2024: £1,232 July 2024: £1,246 August 2024: £1,267 September 2024: £1,271 October 2024: £1,275 November 2024: £1,275 December 2024: £1,279 January 2025: £1,282 February 2025: £1,285 March 2025: £1,287 April 2025: £1,289 May 2025: £1,291 June 2025: £1,293 July 2025: £1,294 August 2025: £1,294 September 2025: £1,294 October 2025: £1,294 November 2025: £1,304 December 2025: £1,315 January 2026: £1,325 February 2026: £1,327 March 2026: £1,329 April 2026: £1,332 May 2026: £1,336 June 2026: £1,340 July 2026: £1,343 August 2026: £1,344 September 2026: £1,346 £1,346 £1,438
Milton Keynes South East average

Since September 2023 the average has moved from £1,189 to £1,346 (+13.2%). Over the last year, homes with 3 bedrooms rose fastest (+4.5%).

Monthly figures as a table
MonthAll1 bed2 bed3 bed4+ bed
September 2026£1,346£979£1,219£1,455£2,092
August 2026£1,344£978£1,217£1,451£2,088
July 2026£1,343£977£1,216£1,450£2,087
June 2026£1,340£974£1,213£1,447£2,085
May 2026£1,336£972£1,210£1,442£2,080
April 2026£1,332£968£1,206£1,437£2,076
March 2026£1,329£966£1,203£1,433£2,073
February 2026£1,327£965£1,201£1,431£2,072
January 2026£1,325£962£1,198£1,428£2,069
December 2025£1,315£955£1,188£1,417£2,053
November 2025£1,304£947£1,178£1,404£2,036
October 2025£1,294£940£1,170£1,393£2,020
September 2025£1,294£939£1,169£1,392£2,018
August 2025£1,294£939£1,170£1,392£2,019
July 2025£1,294£939£1,170£1,394£2,022
June 2025£1,293£937£1,169£1,393£2,025
May 2025£1,291£934£1,166£1,391£2,025
April 2025£1,289£932£1,164£1,390£2,026
March 2025£1,287£930£1,162£1,388£2,026
February 2025£1,285£928£1,159£1,385£2,024
January 2025£1,282£926£1,156£1,383£2,021
December 2024£1,279£923£1,153£1,378£2,014
November 2024£1,275£920£1,149£1,373£2,007
October 2024£1,275£920£1,149£1,374£2,009
September 2024£1,271£916£1,145£1,369£2,004
August 2024£1,267£912£1,142£1,364£2,002
July 2024£1,246£897£1,123£1,342£1,973
June 2024£1,232£886£1,110£1,327£1,954
May 2024£1,218£876£1,098£1,313£1,937
April 2024£1,216£873£1,095£1,310£1,935
March 2024£1,213£871£1,092£1,307£1,933
February 2024£1,210£868£1,090£1,303£1,930
January 2024£1,207£866£1,088£1,300£1,928
December 2023£1,205£863£1,085£1,297£1,926
November 2023£1,200£860£1,081£1,293£1,921
October 2023£1,195£856£1,076£1,287£1,914
September 2023£1,189£851£1,071£1,282£1,905

Using these figures in Form 4A evidence

ONS averages cover new and existing tenancies, so in Milton Keynes they usually sit below what a similar home would be advertised for today. Use them as context, not as the market rent. A rent tribunal gives most weight to homes like yours let nearby recently. For a sense of scale: the average two-bedroom rent here is £1,219, and its +4.2% change over the year is about £51 a month.

  1. Note the ONS figure for your bedroom count (September 2026, released 21 October 2026) with its date.
  2. Log three or more comparable lettings in Milton Keynes from the last six months.
  3. Check the dates with the section 13 calculator, then serve Form 4A.

Start an evidence pack for Milton Keynes

Landlord database dates for Milton Keynes

Milton Keynes is in the South East wave (wave 4 of 9). Registration is planned to open on 15 March 2027, with landlords expected to register by 14 June 2027, at £65 per property per year. These dates come from draft regulations and were not yet law when we checked. Check the details you will need.

Draft regulations as of 25 October 2026 Draft Private Rented Sector Database Regulations 2026 (laid 9 September 2026)

Councils with similar rents in South East

Source: Office for National Statistics, Price Index of Private Rents, UK: monthly price statistics, September 2026 data released 21 October 2026 (official statistics in development, mean rents rounded to £1, not seasonally adjusted). Contains public sector information licensed under the Open Government Licence v3.0. ONS area code E06000042.

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