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We aim to keep rents affordable. We use government rules alongside the cost of maintaining homes to set your rent.  


We look at:

  • How much your home is worth
  • How big it is
  • What condition it's in
  • Average local earnings
  • How many bedrooms it has. 
Calculator

How we work out changes to your rent 

We follow the government’s Rent Standard. This uses inflation (Consumer Price Index, CPI) plus 1%. 

In 2025, this meant rents for social and affordable rented homes increased by 2.7% 

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Why rents change 

Last year, we spent £171 million on repairs and £200 million on major improvements. As costs go up, we may need to increase rents by the amount allowed. 

We check rents every year and will write to you if your rent is changing. You'll get at least four weeks' notice. 

 

Shared Ownership Home

Rents for homes not covered by the Rent Standard

Some homes aren't covered by government rent rules. These include:

  • Intermediate market rent homes
  • Market rent homes
  • Regency (former Crown Estate) homes 

We set rents for these homes using Retail Price Index (RPI) in September, plus 0.5%. 

RPI in September 2024 was 2.7%, so rents for these homes will go up by 3.2% from April 2025. 

For shared ownership homes, we increase rents based on your lease agreement.

Type of rent Increase from April 2025
Social rent 2.7%
Affordable rent 2.7%
Market rent 3.2%
Intermediate market rent 3.2%
Regency (former Crown Estate) properties 3.2%
Shared ownership homes  Will depend on the terms of individual leases.
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What to do if you’re struggling 

We know many people are finding things tough. If you're worried about your rent, we’re here to help.

Our teams can give you advice on:

  • Benefits and grants you may be able to claim
  • Managing debt and budgeting
  • Saving on energy and utility bills 
Peabody website on a mobile phone

How to pay

It’s important you keep on top of your service charge payments. Find out the different ways you can pay.
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Service charges for tenants

As a Peabody tenant, you usually pay a service charge to cover things like repairs in communal areas and ground maintenance. Find out more.

Contact us

Got specific questions about Peabody? We’re always happy to help.