Affordability in Preston
Homes in Preston cost about 5.0× the typical full-time salary, versus 7.6× across England & Wales. That makes it more affordable than the national picture.
Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.
Renting in Preston
| Property size | Average rent (pcm) | Change on a year |
|---|---|---|
| 1 bed | £579 | +5.9% |
| 2 bed | £731 | +5.8% |
| 3 bed | £859 | +6.3% |
| 4+ bed | £1,250 | +5.2% |
| All sizes | £790 | +5.9% |
Who lives in Preston
Census 2021 figures, averaged across the area's neighbourhoods.
59.8%
Owner-occupied
Homes owned outright or with a mortgage
21.8%
Privately rented
Share of homes rented from a private landlord
31.6%
Degree-educated
Adults with a level-4+ qualification
19.6%
Children
Residents aged under 16
18.4%
Retired
Residents who are retired
24.6%
Work from home
Workers based mainly at home
27.4%
Car-free homes
Households with no car or van
4/10
Deprivation
1 = most deprived, 10 = least (IMD decile)
Frequently asked
What is the average house price in Preston?
The median house price in Preston is £192,000 (ONS, 2025), about 5.0× the typical full-time salary.
How much is rent in Preston?
The average private rent for a two-bedroom home in Preston is £731 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 Preston 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 Preston
Affordability CheckerHow house prices compare to local salariesSold Price SearchSee what nearby homes actually sold forCrime CheckerRecent recorded crime by neighbourhoodSchool Catchment CheckerNearby schools, Ofsted ratings and catchmentsFlood Risk CheckerEnvironment Agency flood-risk bandsCouncil Tax LookupBand charges for the local authority