If you're a homeowner or investor wondering whether now is the right time to rent out your property in Exeter, the short answer is: yes — and here’s why.
The rental market in Exeter remains strong, supported by consistent tenant demand, limited supply, and solid returns. Let’s break down the key reasons why now is a good time to let your property in this thriving city.
Strong Demand for Rental Properties
Exeter continues to see high tenant demand, driven by:
A large student population from the University of Exeter
Professionals relocating for work in healthcare, tech, and education
Families seeking long-term rentals in well-connected areas
Many renters are struggling to buy due to high mortgage rates, keeping demand for rental homes high — particularly well-maintained 1-3 bed properties.
Rising Rental Yields
Rental prices in Exeter have steadily increased over the past 12–18 months, particularly in popular areas like St Leonards, Heavitree, and central Exeter. Landlords are seeing:
Competitive monthly rents
Reduced void periods
Increased returns on buy-to-let investments
Well-managed properties with modern features tend to command premium rents and attract longer-term tenants.
Limited Supply Creates Opportunity
The number of available rental properties in Exeter has decreased in recent years due to:
Landlords exiting the market due to regulation changes
High demand outpacing new listings
Fewer new builds coming to market
As a result, landlords entering or staying in the market often benefit from less competition and faster lets.
Seasonal Timing
Late summer and early autumn are ideal times to rent out property in Exeter, with:
New student tenancies beginning
Families relocating before the school year
Professionals moving for September job starts
Listing now increases your chances of securing high-quality tenants quickly.
Rising Costs? Lettings Agents Can Help
While mortgage rates and compliance requirements are rising, professional lettings agents can:
Maximise your rental income
Reduce tenant turnover
Ensure you stay compliant with all landlord regulations
Handle referencing, maintenance, and legal documents
This helps you protect your investment and reduce stress.
Why Work With Rosewood Property?
At Rosewood Property, we offer expert lettings and property management services across Exeter. Whether you’re renting out your home for the first time or managing a growing portfolio, we can help you let with confidence.
Local market expertise
Fully managed and tenant-find-only options
Transparent pricing with no hidden fees
Professional tenant screening and legal compliance
Contact us today for a free property valuation or to discuss your options.
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