Best places to rent in leicester without breaking the bank

Moving to a new city is always an adventure, but finding affordable accommodation can often be a daunting task. Leicester, with its rich culture, diverse community, and thriving job market, is an increasingly popular destination. The rental market, however, can be competitive, and navigating it to find a place that fits your budget requires careful planning and research. This guide aims to simplify your search for the best places to rent in Leicester, offering a detailed analysis of the most budget-friendly neighborhoods and helping you find a comfortable and affordable place to call home.

This article will uncover the best neighborhoods in Leicester where you can secure affordable housing without compromising on your quality of life. We'll delve into the key factors that matter most: price, amenities, transport, and even those unique neighborhood quirks that make a place truly special. So, if you're looking to make Leicester your home without emptying your bank account, read on to discover the best rental options available to you.

Understanding the criteria for evaluation

To determine the most affordable and attractive areas for renting in Leicester, we need a consistent set of criteria. This ensures a fair comparison and helps you prioritize what matters most to you in a neighborhood. We'll consider the following key aspects to evaluate each area:

Average rental prices

This is, of course, a primary consideration. We'll look at the average rental costs for different types of properties, including studios, one-bedroom apartments, two-bedroom apartments, and houses. Data will be gathered from reputable online resources such as Rightmove and Zoopla , as well as from local letting agencies to provide a comprehensive overview of current market rates. This ensures that the figures provided are as accurate as possible. Understanding the different prices across property types provides a good overview of how a neighborhood stacks up.

Quality of life

Affordability shouldn't come at the expense of quality of life. We'll assess the overall safety and well-being of each area by examining crime rates, cleanliness, and the availability of green spaces. We will also look at local council reports and compare the safety stats for each of the areas we highlight. Green spaces are an important part of a quality life, providing space for relaxation and exercise. Beyond the convenient amenities, transportation options are also a crucial aspect to consider. While crime rate data needs to be interpreted carefully, it provides a key indication of a neighborhood's safety.

Essential amenities

Convenience is key to making a neighborhood feel like home. We'll look at the proximity to essential amenities, such as supermarkets, local markets, healthcare facilities (doctors, pharmacies, hospitals), and educational institutions (schools and daycares, where relevant). The availability of diverse entertainment and dining options will also be considered. A variety of shops and restaurants helps to foster a sense of community and improves the experience of living in that area.

Transportation and connectivity

Easy access to transportation is crucial, especially for those commuting to work or school. We'll assess the availability of public transport options (buses, trains, and trams), proximity to stations and bus stops, parking availability, and the presence of cycling lanes and pedestrian-friendly streets. A good transportation network connects residents to other parts of the city and beyond. If you're planning on driving then parking options and road access should be high on your list of criteria.

Secondary factors

These more subjective factors can significantly impact your overall experience of living in a neighborhood. We'll consider the local community and atmosphere, potential future development in the area, and the types of housing available (old, new, renovated). Researching local community groups and attending local events can offer insights into the community atmosphere. New developments can also mean new amenities and better infrastructure.

The top 5 most affordable neighborhoods in leicester

The following neighborhoods have been selected based on the criteria outlined above. It is important to note that this list is subjective, and your personal preferences may vary. Rental prices are approximate and based on average figures collected from Zoopla in October 2023. Be sure to conduct your own research and visit the neighborhoods to determine if they are the right fit for you.

Braunstone: Family-Friendly living on a budget

Braunstone Neighborhood - Family Park
Braunstone Park: A popular spot for families.

Braunstone is a large suburban area located to the west of Leicester city center. Renowned for its diverse community and family-friendly atmosphere, Braunstone offers a mix of housing options, including terraced houses and semi-detached properties. The area is served by several bus routes, providing easy access to the city center and surrounding areas.

The average rent for a 2-bedroom house in Braunstone is around £750 per month (Source: Zoopla, October 2023 ), significantly lower than the Leicester average of £900. While official police data indicates that the crime rate is slightly higher than the city average, efforts are being made to improve community safety. Residents often mention the strong sense of community and the availability of local amenities, including supermarkets and parks. The area also benefits from ongoing regeneration projects, which are aimed at improving the overall quality of life. For example, the Leicester City Council allocated £2 million for park renovations and community projects in the last 2 years.

  • Positive Aspects: Good value for money, strong sense of community, ample green spaces.
  • Negative Aspects: Crime rate slightly higher than average, limited nightlife options.
  • Rental Tips: Look for properties near Braunstone Park for a quieter environment. Contact local agency "Leicester Lettings" for affordable options. Negotiate rental prices during off-peak seasons (winter).
  • Who should consider this neighborhood? Families, first-time renters, and those looking for a quiet suburban environment.

Humberstone: historic charm and affordable living

Humberstone - Village Green
Humberstone Village Green: A peaceful community space.

Humberstone is a historic village located to the east of Leicester. It offers a mix of old and new properties, with a range of housing options available. The area boasts a strong community spirit and is recognized for its annual village fair. The average commute to the city center is approximately 20 minutes by bus.

The average rent for a 1-bedroom apartment in Humberstone is around £650 per month (Source: Rightmove, October 2023 ). The area has a relatively low crime rate, making it a safe and secure place to live. Humberstone offers a range of local shops and amenities, including a post office, library, and several pubs. It is a place to check out for peace and quiet, and low prices. Ofsted, the official body for rating schools, ranked Humberstone Junior School 'Outstanding' in 2023.

  • Positive Aspects: Low crime rate, strong community spirit, close proximity to amenities.
  • Negative Aspects: Limited public transport options, fewer nightlife options compared to the city center.
  • Rental Tips: Explore properties in the older part of the village for character and charm. Check local notice boards for private rentals. Consider joining the local community group for information and support.
  • Who should consider this neighborhood? Young professionals, retirees, and those seeking a peaceful village setting.

Belgrave: leicester's vibrant "little india"

Belgrave - The Golden Mile
The Golden Mile: A shopper's paradise in Belgrave.

Belgrave, often called "Little India," is a vibrant and culturally rich area located to the north of Leicester city center. It is famous for its Diwali celebrations, which attract thousands of visitors each year. The area is characterized by its colorful shops, delicious restaurants, and bustling atmosphere. The Golden Mile, a stretch of shops selling jewelry, sarees, and traditional Indian sweets, is a major attraction.

The average rent for a studio apartment in Belgrave is around £550 per month (Source: Zoopla, October 2023 ). The area has excellent public transport links, with frequent buses running to the city center and surrounding areas. Belgrave offers a unique cultural experience, with a wide range of restaurants and shops catering to the South Asian community. Traffic congestion can be an issue during peak hours, but the area's vibrant atmosphere more than makes up for it. According to a Leicester City Council report, the local council invested £500,000 last year on enhancing local shopping and dining. The total population size is currently around 25,000 people.

  • Positive Aspects: Vibrant cultural scene, excellent transport links, diverse dining options.
  • Negative Aspects: Traffic congestion, can be noisy.
  • Rental Tips: Look for properties further away from the Golden Mile for quieter living. Consider using public transport to avoid parking issues. Sample the local cuisine at the various restaurants.
  • Who should consider this neighborhood? Students, young professionals, and those seeking a vibrant cultural experience.

Eyres monsell: affordable family living with green spaces

Eyres Monsell - Local Park
Local park in Eyres Monsell provides green space for residents.

Eyres Monsell is a large residential estate in the south of Leicester. Built primarily in the post-war era, it offers a range of affordable housing options, mainly consisting of terraced and semi-detached houses. The area is well-served by local amenities and is close to open green spaces, providing a family-friendly environment.

Eyres Monsell provides a good value proposition, with average monthly rents for a two-bedroom house averaging around £700 (Source: Rightmove, October 2023 ), significantly below the city average. Community initiatives have led to a noticeable improvement in safety. The estate benefits from several parks and recreational areas, offering residents opportunities for outdoor activities and relaxation. There are also a number of local shops and a community center that provide essential services. Data from the Land Registry indicates that roughly 35% of the properties are owner-occupied, which is evidence of a stable local community.

  • Positive Aspects: Low rental costs, plentiful green spaces, strong community initiatives.
  • Negative Aspects: Historically had issues with crime, limited transport options compared to central areas.
  • Rental Tips: Explore housing options near the parks for quieter living. Check for ongoing community events to get involved. Investigate local bus routes for convenient commutes.
  • Who should consider this neighborhood? Families, budget-conscious renters, and those who appreciate a close-knit community.

New parks: regeneration and community spirit

New Parks - Leisure Centre
New Parks Leisure Centre offers fitness and recreational facilities.

New Parks, situated to the west of Leicester city center, is a large residential area with a mix of housing types, including terraced houses, semi-detached properties, and some newer developments. It is known for its strong community spirit and is home to New Parks Leisure Centre, which offers a range of fitness and recreational facilities.

With average rents for a 1-bedroom apartment around £600 per month (Source: Zoopla, October 2023 ), New Parks is an attractive option for those seeking affordable housing. The area has undergone significant regeneration in recent years, leading to improvements in infrastructure and local amenities. Residents appreciate the proximity to New Parks Leisure Centre and the availability of local shops and services. The area is also well-connected by bus routes, providing easy access to the city center and surrounding areas.

  • Positive Aspects: Affordable rental rates, strong community spirit, good transport links.
  • Negative Aspects: Can be busy at peak times, limited options for upscale dining.
  • Rental Tips: Look for properties near the leisure center for easy access to fitness facilities. Check local news for updates on regeneration projects. Get involved in local community events to meet your neighbors.
  • Who should consider this neighborhood? Students, young professionals, and those seeking a vibrant and affordable community.

Other neighborhoods to consider for affordable housing

While the above neighborhoods offer excellent value for affordable housing in Leicester, there are other areas that might be worth considering depending on your specific needs and preferences.

Aylestone

Aylestone provides a more suburban feel with decent access to amenities and is known for its quieter residential streets and proximity to the River Soar. Rental prices for smaller houses and apartments can be competitive, particularly further away from the main shopping areas. It's a popular choice for families seeking a more relaxed environment, offering a blend of affordability and accessibility to the city centre via frequent bus services. In 2022, Aylestone saw increased investments in local parks and green spaces, improving the quality of life for residents. This location is ideal for those looking for budget-friendly neighborhoods in Leicester.

Spinney hills

Spinney Hills, close to the city center, has good value while being in easy reach of entertainment options and is a vibrant, multicultural area offering a diverse range of housing options, from terraced houses to modern apartments. It's particularly attractive to students and young professionals seeking affordable accommodation with easy access to the city's amenities and universities. The area is known for its bustling shopping streets, numerous restaurants, and excellent transport links. Spinney Hills is a central spot for cheap apartments in Leicester, making it a smart move to review this spot for potential housing.

The key to finding the best place to rent is to explore different areas and find one that aligns with your lifestyle and budget. Don't be afraid to look beyond these recommendations.

Additional options for accommodation in leicester

Finding the right rental isn't always about neighbourhoods alone, with a few housing strategies it's possible to find a place that meets financial goals.

Shared accommodation

Sharing accommodation can significantly reduce your monthly costs, although with less privacy. Flatshares and houseshares are common in Leicester, particularly among students and young professionals. Websites such as SpareRoom and EasyRoommate can help you find shared accommodation options in your desired neighborhood.

Student halls

Student halls often offer an all-inclusive rental package, simplifying budget management and providing a social environment. De Montfort University and the University of Leicester both have a range of halls of residence available to students, some of which may also be open to non-students during the summer months.

Properties with bills included

Don't underestimate the appeal of rental properties that include bills such as utilities in the rent - this can help you plan ahead by knowing exactly what you will pay each month. While these properties may have a slightly higher base rent, they can save you money and hassle in the long run by eliminating the need to set up and manage separate utility accounts. Sites like OpenRent or Gumtree usually provide options to filter this.

Maximizing your rental budget

Regardless of the neighborhood you choose, there are several ways to maximize your rental budget and find cheap apartments in Leicester. The first thing to do is to establish a realistic budget: carefully track your income and expenses to determine how much you can comfortably afford to spend on rent. Avoid peak rental seasons, such as the start of the academic year, when demand is high and prices tend to be inflated. The winter months may offer better deals. Being flexible on location and the type of property you're willing to rent can also open up more affordable options. Finally, research available housing assistance programs, such as benefits or housing allowance, to see if you qualify for support.

Making your choice for Low-Cost housing in leicester

Finding an affordable place to rent in Leicester doesn't have to be an impossible task. By carefully considering your needs, researching different neighborhoods, and maximizing your budget, you can find a comfortable and affordable home in this vibrant city. Remember to visit the neighborhoods that interest you, talk to local residents, and compare different properties before making a decision. Don't be afraid to negotiate rental prices and ask questions about the property and the surrounding area.

With a bit of research, patience, and planning, you can find the perfect place to rent in Leicester without breaking the bank! Good luck with your house-hunting journey.

Leicester rental market data (october 2023)

Property Type Average Monthly Rent (Leicester) Average Monthly Rent (Braunstone) Average Monthly Rent (Belgrave)
Studio Apartment £650 (Source: Zoopla ) N/A £550 (Source: Zoopla )
1-Bedroom Apartment £750 (Source: Rightmove ) £600 (Source: Rightmove ) £650 (Source: Rightmove )
2-Bedroom House £900 (Source: Zoopla ) £750 (Source: Zoopla ) £800 (Source: Zoopla )

Neighborhood comparison: key factors

Neighborhood Average Rent (1-Bed) Crime Rate (Relative) Transportation Amenities
Braunstone £600 (Source: Rightmove ) Slightly Higher Good Bus Links Local Shops, Parks
Humberstone £650 (Source: Rightmove ) Low Limited Bus Links Local Shops, Library
Belgrave £650 (Source: Rightmove ) Moderate Excellent Bus Links Restaurants, Shops
Eyres Monsell N/A Moderate Local Bus Links Local Shops, Parks
New Parks £600 (Source: Rightmove ) Moderate Good Bus Links Leisure Centre, Shops