England

Isle of Wight area profile

The median home in Isle of Wight costs £265,000 and the average two-bed private rent is £872/month (August 2026, ONS PIPR). Less affordable than average.

Median house price
£265,000
Affordability
9.3× salary
Typical salary
£28,500
2-bed average rent, August 2026
£872/mo
Avg sold price
£263,000
Deprivation (IMD)
5/10

Affordability in Isle of Wight

Homes in Isle of Wight cost about 9.3× the typical full-time salary, versus 7.6× across England & Wales. That makes it harder to afford than most of the country.

Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.

Renting in Isle of Wight

Average monthly private rents in Isle of Wight, August 2026. Source: ONS Price Index of Private Rents — an average across new and existing tenancies, so newly advertised rents usually sit above it.
Property sizeAverage rent (pcm)Change on a year
1 bed£663+7.2%
2 bed£872+7.3%
3 bed£1,089+7.5%
4+ bed£1,515+6.9%
All sizes£951+7.2%

Who lives in Isle of Wight

Census 2021 figures, averaged across the area's neighbourhoods.

68.8%
Owner-occupied
Homes owned outright or with a mortgage
20.5%
Privately rented
Share of homes rented from a private landlord
27.7%
Degree-educated
Adults with a level-4+ qualification
14.7%
Children
Residents aged under 16
33.2%
Retired
Residents who are retired
22.9%
Work from home
Workers based mainly at home
20.4%
Car-free homes
Households with no car or van
5/10
Deprivation
1 = most deprived, 10 = least (IMD decile)

Frequently asked

What is the average house price in Isle of Wight?

The median house price in Isle of Wight is £265,000 (ONS, 2025), about 9.3× the typical full-time salary.

How much is rent in Isle of Wight?

The average private rent for a two-bedroom home in Isle of Wight is £872 per month (ONS Price Index of Private Rents, August 2026). It averages existing tenancies as well as new lets, so newly advertised rents are usually higher.

Where does this Isle of Wight data come from?

House prices and affordability ratios come from ONS. Rents are average private rents from the ONS Price Index of Private Rents, for the latest published month. Demographics are Census 2021 figures aggregated to local-authority level. England & Wales only.

Explore Isle of Wight

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← All areasSources: ONS, ONS Price Index of Private Rents, Census 2021 · Open Government Licence