The private rental sector has expanded across Lincolnshire and Rutland over the past decade, reflecting shifting housing patterns. Data from the Office for National Statistics shows Lincoln’s privately-rented homes increased from 21% in 2011 to 27% in 2021, while Leicester led the East Midlands with a rise from 23% to 29%.
Other Lincolnshire districts followed a similar trajectory. South Holland moved from 13% to 17%, South Kesteven from 15% to 18%, East Lindsey from 17% to 20%, West Lindsey from 14% to 18%, North Kesteven from 14% to 16%, and Boston from 16% to 20%. Rutland recorded a smaller increase, from 16% to 17%.
Market insight points to growing rental demand. Homeowners increasingly list properties for rent when sales stall, intensifying competition for available units. Local letting agencies report consistently high enquiry volumes, with interest in rentals rising alongside active property sales.
The trend highlights the private rental sector’s growing role in the regional housing market, presenting opportunities for investors, property managers, and developers seeking to meet evolving demand.