Updated monthly · rents for August 2026 · Yorkshire and The Humber

Rental Yields in North Yorkshire

The average private rent in North Yorkshire was £849 a month in August 2026, and the average property price was £270,463 in July 2026. That gives a gross rental yield of 3.8%, which ranks 262nd of 316 local authorities in England and Wales and 15th of 15 in Yorkshire and The Humber.

Take off a letting agent, repairs and one empty month a year and the net yield is about 2.9%, before mortgage costs and tax. In the year to August 2026 the average rent rose 2.4%, and in the year to July 2026 the average price rose 2.5%. Prices have moved ahead of rents, which pulls gross yields down.

Official data: ONS average rents (August 2026) and HM Land Registry average prices (July 2026), for the whole local authority. All yields are before tax.

Gross yield

3.8%

#262 of 316 in England & Wales

Net yield

2.9%

After letting, repairs and voids

Average rent

£849

+2.4% in 12 months

Average price

£270,463

+2.5% in 12 months

What a typical North Yorkshire rental makes after costs

Gross yield ignores costs. Here is a property at North Yorkshire's average price and rent, run through the RealYield calculator with the same assumptions Deal Check uses. Costs take the yield from 3.8% to 2.9%, a gap of 0.9 percentage points. Rent covers these costs and the mortgage interest up to a rate of about 3.8%.

Annual figures for a property at the average price and rent in North Yorkshire
A year at £270,463 and £849 pcm£ a year
Rent for 12 months£10,188
Less one empty month-£849
Less letting agent (12% of rent collected)-£1,121
Less repairs (5% of rent collected)-£467
Net income before mortgage (net yield 2.9%)£7,751
Less mortgage interest (£202,847 at 4.5%, interest only)-£9,128
Cashflow before tax-£1,377
Less income tax (higher-rate taxpayer, owned personally, Section 24)-£1,550
Cashflow after tax-£2,927

That works out at a loss of £115 a month before tax and a loss of £244 a month after tax, on a £67,616 deposit (25%) before stamp duty and buying costs.

Source: RealYield calculator engine on the ONS average rent (August 2026) and HM Land Registry average price (July 2026). Assumptions: 25% deposit, 4.5% interest-only mortgage, 12% letting agent, 5% of rent on repairs, one empty month a year, no service charge or ground rent. Tax is illustrative: the property profit taxed at the higher rate with the 20% mortgage interest credit, ignoring your other income and allowances. An average, not a valuation of any property.

How North Yorkshire compares with Yorkshire and The Humber

North Yorkshire's gross yield ranks 262nd of 316 local authorities in England and Wales and 15th of 15 in Yorkshire and The Humber. In Yorkshire and The Humber, gross yields run from 3.8% in North Yorkshire to 6.1% in Kingston upon Hull.

North Yorkshire against regional and national medians
MeasureNorth YorkshireYorkshire and The Humber medianEngland and Wales median
Gross yield3.8%4.8%4.4%
Net yield (after letting, repairs, voids)2.9%3.6%3.4%
Average rent (pcm)£849£745£1,022
Average price£270,463£191,496£288,085
Rent change, 12 months+2.4%+5.3%+3.9%
Price change, 12 months+2.5%+3.8%+1.9%

Medians of the local authority averages (15 in Yorkshire and The Humber, 316 in England and Wales), not weighted by population. Rents: ONS Price Index of Private Rents, August 2026. Prices and price change: HM Land Registry UK House Price Index, July 2026. Net yields use the same assumptions as the typical property above and the Net Yield Index. All before tax.

Average rent in North Yorkshire by bedrooms

Property sizeAverage rent (pcm, August 2026)
1 bedroom£594
2 bedrooms£769
3 bedrooms£941
4+ bedrooms£1,358

Source: ONS Price Index of Private Rents, August 2026. A 2-bedroom rent against the average flat price gives a flat yield of 6.5%, gross.

Average house price in North Yorkshire by property type

Property typeAverage price (July 2026)
Detached£433,208
Semi-detached£269,971
Terraced£219,349
Flat / maisonette£142,516

Areas to compare with North Yorkshire

Local authorities in Yorkshire and The Humber with the closest gross yields to North Yorkshire.

North Yorkshire rental yield questions

What is the average rental yield in North Yorkshire?

The average gross rental yield in North Yorkshire is 3.8%, from an average rent of £849 a month (ONS, August 2026) and an average price of £270,463 (HM Land Registry, July 2026). It ranks 262nd of 316 local authorities in England and Wales and 15th of 15 in Yorkshire and The Humber. After a 12% letting agent fee, 5% of rent on repairs and one empty month a year, the net yield is about 2.9%. Both figures are before mortgage costs and tax.

What is the average rent in North Yorkshire?

The average private rent in North Yorkshire was £849 per calendar month in August 2026, according to the ONS Price Index of Private Rents. A 2-bedroom home averaged £769 a month. Over the previous 12 months the average rent rose 2.4%, against a median change of +3.9% across England and Wales.

What is the average house price in North Yorkshire?

The average property price in North Yorkshire was £270,463 in July 2026, according to the HM Land Registry UK House Price Index. The average flat or maisonette cost £142,516. Over the previous 12 months the average price rose 2.5%.

How do rental yields in North Yorkshire compare with the rest of Yorkshire and The Humber?

North Yorkshire's gross yield of 3.8% is 1.0 points below the median of 4.8% for the 15 local authorities in Yorkshire and The Humber, and 0.6 points below the England and Wales median of 4.4%. Across the region, gross yields run from 3.8% in North Yorkshire to 6.1% in Kingston upon Hull. These are gross yields, before costs and tax.

Why is the net yield in North Yorkshire lower than the gross yield?

Gross yield counts every month's rent and no costs. On a property at North Yorkshire's average price and rent, one empty month a year costs £849 in lost rent, letting agent fees at 12% cost £1,121 and repairs at 5% of rent cost £467. That takes the yield from 3.8% to about 2.9%, a gap of 0.9 percentage points. Both yields are before mortgage costs and tax, which reduce the return further, as would any service charge or ground rent.

Is North Yorkshire good for buy-to-let?

RealYield does not rate areas as good or bad investments, because the answer depends on the property, the price paid and your own circumstances. On the published averages, North Yorkshire's gross yield ranks 262nd of 316 local authorities in England and Wales and 15th of 15 in Yorkshire and The Humber. With a 25% deposit and a 4.5% interest-only mortgage, a property at the average price and rent would lose about £115 a month before tax after letting, repair and void costs. Rent stops covering those costs and the interest at a mortgage rate of about 3.8%. Individual properties vary widely, so test a specific deal before relying on an area average.

Rents: ONS Price Index of Private Rents, August 2026. Prices: contains HM Land Registry data © Crown copyright and database right 2026, July 2026. Both used under the Open Government Licence v3.0. Averages describe the whole local authority and individual properties vary widely. Net yields and cashflow are RealYield calculations on those averages with the assumptions stated above.

This page is for informational purposes only and does not constitute financial or investment advice. Yields shown are before tax. Always verify current figures and seek independent professional advice before making investment decisions.