South West
Average rent in Exeter (2026)
The average 1-bed rent in Exeter is £945 a month, and a 2-bed is £1,190.
That is 15% below the UK average 1-bed rent of £1,115 and makes Exeter the 29th most expensive of the 109 cities and towns we track.
- 1-bed average
- £945
- Per week
- £218
- UK rank
- 29th of 109
- Take-home needed (30%)
- £3,150
Rent in Exeter by bedrooms
| Property | Per month | Per week |
|---|---|---|
| 1 bedroom | £945 | £218 |
| 2 bedrooms | £1,190 | £275 |
| 3 bedrooms | £1,390 | £321 |
Indicative 2026/27 averages. Rents vary by neighbourhood, property condition and EPC rating. Use the rental value calculator to estimate a specific property.
What salary do you need to rent in Exeter?
Monthly take-home pay you need so that the average rent stays within each share of your income. The usual guideline is no more than 30%.
| Property | Comfortable (28%) | Guideline (30%) | Stretch (35%) | Minimum (40%) |
|---|---|---|---|---|
| 1-bed (£945) | £3,375 | £3,150 | £2,700 | £2,363 |
| 2-bed (£1,190) | £4,250 | £3,967 | £3,400 | £2,975 |
Many letting agents also ask for a gross annual income of around 30 times the monthly rent, which for a 1-bed here is about £28,350 a year. This is an agent referencing rule, separate from your own budget. Not sure what your take-home is? Work it out here.
Exeter compared with the rest of South West
Across the 12 places we track in South West, 1-bed rents run from £720 in Torquay to £1,350 in Bath. The middle value is £968, and Exeter is 7th most expensive in the region.
| Place | 1-bed | 2-bed |
|---|---|---|
| Bath | £1,350 | £1,700 |
| Bristol | £1,215 | £1,490 |
| Clifton | £1,170 | £1,530 |
| Bournemouth | £1,035 | £1,275 |
| Cheltenham | £990 | £1,235 |
| Salisbury | £990 | £1,235 |
| Exeter (this page) | £945 | £1,190 |
| Swindon | £900 | £1,150 |
| Gloucester | £810 | £1,020 |
| Taunton | £810 | £1,020 |
| Plymouth | £765 | £935 |
| Torquay | £720 | £895 |
Places with similar rents
If you are weighing up where to live, these places have a 1-bed rent closest to Exeter. The cheapest place we track is Hartlepool at £540.
- Basingstoke£945
- Didsbury£945
- Harrogate£945
- Luton£945
- Salford£945
- Southampton£945
Renting in Exeter: common questions
What is the average rent in Exeter?
In 2026/27 the indicative average rent in Exeter is £945 a month for a 1-bedroom property and £1,190 a month for a 2-bedroom property, and £1,390 for a 3-bedroom property. That makes Exeter the 29th most expensive of the 109 UK cities and towns we track.
How much do I need to earn to rent a 1-bed in Exeter?
To keep a £945 rent at the 30% guideline you need monthly take-home pay of about £3,150. For a more comfortable 28% share it is £3,375, and the absolute minimum at 40% is £2,363.
Is Exeter cheaper than London?
Yes. A 1-bed in Exeter averages £945 a month against £1,890 in London, a difference of £945 a month.
How much is weekly rent in Exeter?
A 1-bed at £945 a month works out at roughly £218 a week, or £11,340 a year. A 2-bed at £1,190 a month is roughly £275 a week.
How does Exeter compare with the rest of South West?
Across the 12 places we track in South West, 1-bed rents range from £720 in Torquay to £1,350 in Bath, with a middle value of £968. Exeter is 7th most expensive in the region.
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Figures are indicative averages for 2026/27, rounded for planning, and are for information only. They are not financial, legal or housing advice. See our methodology for how the figures are produced. Last reviewed October 2026.