What is the average rent in Penzance?

The average asking rent in Penzance is currently £998 pcm, with a median rent of £905 pcm. There are 78 properties currently to rent, of which 16 were listed in the last 14 days.

How long does it take to let a property in Penzance?

Rental properties in Penzance spend an average of 238 days on the market (median 50 days). Time on market varies by property type and rent range.

Rental Prices in Penzance

Live asking rents — data to 16 October 2026, updated daily

Properties to Rent

16 new in last 14 days

Average Rent

£998 pcm

Median £905 pcm

Avg. Time on Market

238 days

Median 50 days

Rent Range

£478 to £1,716

Middle 90% of asking rents pcm

Rent Trends Time on Market

Market Breakdown

Data to: 16 October 2026

Properties by Rent

Distribution of asking rents in Penzance

Properties by Type

What's on the rental market in Penzance

Properties by Bedrooms

Bedroom count distribution in Penzance

Time on Market

How long properties have been listed in Penzance

Rents by Property Type in Penzance

Type	Count	Avg. Rent	Median	Avg. Days
Flat	20	£929 pcm	£898 pcm	191
Terraced	2	£910 pcm	£910 pcm	27
Semi-Detached	1	£875 pcm	£875 pcm	3
Detached	1	£1,400 pcm	£1,400 pcm	30

Rents by Bedrooms in Penzance

Bedrooms	Count	Avg. Rent	Median	Avg. Days
1 Bed	11	£835 pcm	£785 pcm	79
2 Bed	22	£977 pcm	£913 pcm	416
3 Bed	5	£1,230 pcm	£1,200 pcm	33
4 Bed	1	£1,600 pcm	£1,600 pcm	61
5+ Bed	3	£1,433 pcm	£1,450 pcm	25

Properties by Rent Range in Penzance

Rent Range	Count	Avg. Days on Market	Share
Under £250 pcm	3	477	4%
£250 – £500 pcm	1	144	1%
£500 – £1,000 pcm	45	262	58%
£1,000 – £2,000 pcm	27	161	35%
£2,000 – £5,000 pcm	2	412	3%

Properties by Time on Market in Penzance

Duration	Count	Share
Less than 1 month	29	37%
1 – 2 months	13	17%
2 – 3 months	3	4%
3 – 4 months	1	1%
4 – 6 months	12	15%
6 – 9 months	6	8%
9 – 12 months	2	3%
12 – 18 months	3	4%
Over 18 months	9	12%