4.98%
Average gross rental yield, August 2026 edition · ranked 79 of 294 English councils, and 14 of 64 in the South East.
The figures here are averages for the whole of Milton Keynes; your own property will differ. Enter your own price and rent — nothing is pre-filled. The same arithmetic as the full rental yield calculator.
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| Average monthly rent (ONS) | £1,344 |
|---|---|
| Average sale price (HM Land Registry) | £323,868 |
| Monthly sales, latest published | 226 |
The working: £1,344 × 12 ÷ £323,868 = 4.98%. For rent by number of bedrooms, see rent in Milton Keynes.
Twelve-month change: +0.17 points, from 4.81% in Aug 2025 to 4.98% in Aug 2026. It rose because rents grew 3.9% while prices grew 0.4%.
| Edition | Gross yield |
|---|---|
| Aug 2025 | 4.81% |
| Sep 2025 | 4.87% |
| Oct 2025 | 4.77% |
| Nov 2025 | 4.82% |
| Dec 2025 | 4.84% |
| Jan 2026 | 4.98% |
| Feb 2026 | 4.94% |
| Mar 2026 | 4.94% |
| Apr 2026 | 5.01% |
| May 2026 | 4.94% |
| Jun 2026 | 4.96% |
| Jul 2026 | 4.88% |
| Aug 2026 | 4.98% |
Councils ranked directly above and below Milton Keynes within the South East. The full UKPP Rental Yield Index ranks every English council.
It is a gross yield: rent over price, before any costs. It models no voids, management, maintenance, tax or finance, and forecasts nothing.
The average rented home and the average sold home are not the same property. The index divides an area’s average rent by its average sale price, so it shows how Milton Keynes compares with other areas — not the return on any particular property.
The yield runs about two months behind rents, because Land Registry prices are published later than ONS rents. How the index is built →
What is the average rental yield in Milton Keynes? 4.98% gross, in the August 2026 edition of the UKPP Rental Yield Index: an average monthly rent of £1,344 × 12, divided by an average sale price of £323,868. That ranks 79 of 294 English councils.
Is rental yield in Milton Keynes rising or falling? Twelve-month change: +0.17 points, from 4.81% in Aug 2025 to 4.98% in Aug 2026. It rose because rents grew 3.9% while prices grew 0.4%.
How does Milton Keynes compare with the rest of the South East? Milton Keynes ranks 14 of 64 councils in the South East. The region’s own yield is 4.50%, so Milton Keynes is 0.48 points above the South East; the median English council is 4.45%.
Rent: ONS, Price Index of Private Rents (August 2026), Open Government Licence v3.0. Price and sales: HM Land Registry, UK House Price Index (August 2026). Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.
The yield is UKPP’s own derived work, the UKPP Rental Yield Index, August 2026 edition, licensed under CC BY 4.0 — download the edition as CSV.
Rent in Milton Keynes — by bedroom and over two years.
PRS Database checker for Milton Keynes — what a landlord here must register.
Milton Keynes in the full Rental Yield Index — every English council, ranked.
Section 24 calculator and buy-to-let deal analyser — for your own numbers after tax and finance.