Located in the east of England, with a population surpassing 187,000, Peterborough offers a diverse array of housing options to suit different lifestyles. Rentals in Peterborough range from approximately £614 to £1,226 per month, making it an attractive option for renters seeking affordable housing. Peterborough, often referred to as the "Cathedral City" due to its magnificent cathedral, one of Europe’s finest examples of Romanesque architecture in the UK, is also considered a popular commuter town. It is well-connected with major cities, making it a great option for those on a budget looking for a place to live. Peterborough is only 50 minutes away from Cambridge and less than 2 hours from London. Whether you are a young professional, a student, or a family looking for a place to live, Peterborough has a suitable option to offer everyone.
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Written by: Akemy Rea
Peterborough is a popular city to live in. Similar to other regions in the United Kingdom, the availability of rental properties is limited, amplifying the demand. Therefore, initiating your search early is imperative if Peterborough is your relocation destination. Utilise rentaroof to promptly receive new listings matching your preferences directly to your inbox once they are added to our platform. We diligently search through over 3500 websites daily to gather the latest property listings on our platform.
Peterborough is generally an affordable city to live in, especially when compared with larger cities in the United Kingdom. Rental prices are quite low; you can find a flat from approximately £614 in the outskirts of the city, and if you are looking to live closer to the centre, there are plenty of options suitable for all price ranges. Due to the average income for residents being around £33,000 per year, which is less than the national average, Peterborough is considered one of the most affordable places to live. The daily expenses are also quite affordable, although the price could vary depending on your lifestyle.
Peterborough boasts a wide range of living options. The best neighbourhoods for those seeking tranquillity and a sense of community are Hampton Vale and Hampton Vale & Hampton Hargate. These areas are located on the outskirts of the city and are perfect for families looking for a community-oriented neighbourhood or for young professionals seeking tranquillity and green surroundings. Eastgate, located close to the city centre and next to the train station, also possesses a green haven like Bishop's Park, perfect for those seeking proximity to the city centre while being surrounded by nature; however, those properties tend to be more expensive than the rest. New Fletton has many affordable options. Another popular area favourite among families and young professionals is West Town
Peterborough is well-known for its historic cathedral and well-maintained historical buildings.
The average rent price varies by the size of the property and each neighbourhood. For example, in neighbourhoods like New Fletton and Fengate, you'll pay an average of £600 to £900 per month.
Absolutely! This city was named as one of the fastest-growing cities in England. Peterborough offers a mix of budget options for young professionals and spacious terraced houses for families. It is a perfect connection hub for those who travel to major cities such as London for work or for those seeking to live in a tranquil space with a strong sense of community.
This city is very well-connected to other major cities in the United Kingdom due to its extensive public transportation options. There are many bus and train services available. Additionally, for frequent travellers, London Stansted, an international airport providing domestic and international flights, is only an hour's drive away.
| Area | Properties | |
|---|---|---|
| Hampton Vale | 23 | £1,907 |
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