Renfrewshire

Daryl Harper

Daryl Harper - Castle Residential

“The rental market in Renfrewshire remained strong in Q3 2025 with rising demand and values for one and two bedroom homes, while larger properties held steady. Both furnished and unfurnished lets moved quickly, reflecting a highly competitive market. In September the Bank of England kept the base rate at 4.00 per cent with inflation at 3.8 per cent and these elevated borrowing costs may shape affordability and rental trends as the year progresses.”

Market Overview - Q3 2025

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £607 3.6% 51.0% 68.1% 14 3 33% 88%
2 bed £839 1.9% 53.9% 68.5% 21 3 24% 70%
3 bed £1,113 7.4% 60.1% 70.4% 15 -9 30% 87%
All £869 6.0% 54.9% 72.8% 17 -1 28% 81%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

YearQ1Q2Q3Q4
2008 100.0 99.8 104.0 100.0
2009 98.7 99.0 96.2 96.2
2010 104.6 96.6 101.9 100.0
2011 98.5 99.4 101.0 100.8
2012 101.0 101.5 101.5 99.8
2013 97.5 100.6 100.6 102.9
2014 100.6 98.1 103.8 104.0
2015 100.2 108.6 105.5 104.8
2016 107.5 107.5 106.1 108.2
2017 102.9 108.6 111.3 110.3
2018 107.1 110.9 110.7 109.2
2019 109.0 112.8 114.3 113.4
2020 115.3 109.9 117.6 120.8
2021 119.5 120.3 125.8 134.6
2022 130.8 132.7 137.7 149.5
2023 153.2 156.2 164.2 167.3
2024 173.4 170.6 171.9 173.4
2025 173.4 171.3 182.2  

Market Composition

Yield by Popular Postcode (Flats):

Postcode20172018201920202021
PA1 7.10% 7.50% 7.00% 7.40% 7.3%
PA2 7.00% 6.70% 6.90% 6.40% 6.6%
PA3 9.60% 9.80% 8.90% 8.40% 8.4%
PA4 7.80% 7.90% 7.20% 7.70% 7.3%
PA5 9.10% 8.80% 8.70% 8.20% 7.8%
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