Thursday, 5 March 2020

What can you rent in Chichester?

Chichester properties for rent
Last week I looked at what properties were for sale in Chichester, but for those wanting to move home there is of course also the option to rent. With that in mind, I thought I’d take a look at what’s out there at the moment in Chichester for potential tenants.

There are 257 rental listings currently online in Chichester, of which 153 are still available to rent, with the other 104 ‘let agreed’. However, when you start to browse through these properties you’ll notice there are a lot of house shares (which is no good if you want your own place), student properties (only available to students) and holiday lets (not suitable as a permanent home). When you take those properties out of the mix, you’re left with just 84 to choose from.

Those looking to rent a two-bedroom flat have the most choice, with 47 currently to let, whilst those at either end of the market have the least to choose from, with just 13 one-bedroom flats and 12 four-bedroom houses on offer.

Of course, what you can rent will largely depend on your budget. The cheapest of the 84 whole properties available to non-students on a long-term basis, is a very nicely presented studio apartment on the road between Chichester and Fishbourne, priced at £575pcm. On the other end of the scale, the most expensive property to rent in Chichester today is a large Grade II listed four-bedroom townhouse in West Pallant, priced at £3,250pcm.
Median property rent and rate

Assuming your budget is somewhere in the middle of those two extremes, it might be interesting to know that the average property marketed for rent in Chichester is priced at £1,000pcm. This figure is up around 3% compared to the £975pcm average of twelve months ago.

Breaking the averages down by property type provides a good indication of what your budget is likely to be able to afford in Chichester:
Property for rent rates

Interestingly, the average price of the three-bedroom houses are the only ones to have dropped on average compared to a year ago (albeit only by £5pcm). Meanwhile, both two and four bedroom houses have increased on average, whilst flats across the board have remained at the same level.

It seems this relatively low supply of rental property in Chichester is a key reason why rents remain stubbornly high. Due to the negative impact of recent legislative and tax changes, this supply issue isn’t likely to improve any time soon, which will make it increasingly difficult for tenants to find their dream home at an affordable price.

For a weekly digest of the average rental figures by property type in Chichester, be sure to subscribe to my free weekly e-newsletter at

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Chichester rental valuation

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