How much does it cost to rent in Cheltenham? This page tracks rental prices across the town using official government data, updated regularly to help tenants, landlords, and anyone thinking of moving to the area.
Last updated: 13 March 2026
Average Monthly Rents in Cheltenham
Estimated average monthly rents based on the latest government data for the Cheltenham area:
| Property Size | Cheltenham (est.) | LHA Rate | Gloucester (est.) |
|---|---|---|---|
| Shared room | £566 pcm | £435 pcm | £527 pcm |
| 1 bedroom | £810 pcm | £623 pcm | £713 pcm |
| 2 bedrooms | £1,037 pcm | £798 pcm | £940 pcm |
| 3 bedrooms | £1,296 pcm | £997 pcm | £1,102 pcm |
| 4 bedrooms | £1,906 pcm | £1,466 pcm | £1,556 pcm |
LHA (Local Housing Allowance) rates represent the 30th percentile of local rents. Estimated market rents are approximately 30% above LHA rates based on typical market conditions.
Rents by Property Size
Rent Inflation Trends
Private rent inflation in the South West peaked at around 7% in mid-2024 and has since eased. The latest ONS data shows annual rent increases of 3.5% nationally as of January 2026.
Cheltenham vs Gloucester
Cheltenham rents are consistently higher than neighbouring Gloucester, typically by 15-25% depending on property size. The premium is largest for 4-bedroom properties and smallest for shared accommodation.
Tips for Renters
- Budget guide: Aim to spend no more than 35% of your take-home pay on rent
- Most affordable areas: Hester’s Way, St Mark’s, Arle, and Up Hatherley tend to offer lower rents
- Premium areas: Montpellier, The Park, Lansdown, and Pittville command the highest rents
- New developments: Purpose-built rental properties in the town centre may offer longer tenancies and more amenities
What is LHA?
Local Housing Allowance (LHA) rates set the maximum housing benefit that can be claimed for privately rented accommodation. They are based on the 30th percentile of rents in each Broad Rental Market Area (BRMA). Cheltenham has its own BRMA, separate from Gloucester.
Data sources: GOV.UK LHA Rates (Valuation Office Agency) and ONS Private Rent and House Prices. Market rent estimates are indicative — actual rents vary by property condition, location and demand. Contains public sector information licensed under the Open Government Licence v3.0.