Edinburgh is the capital of Scotland. The average sold price across the City of Edinburgh is £289,857 on the UK House Price Index, 55.4% above the Scotland average of £186,582, and every individual property type sits well clear of the national figure. A detached house in Edinburgh sells for £664,858, which is 96.3% above Scotland's £338,748, and semi-detached and terraced homes carry premiums above 100%. Even flats, which make up the bulk of what changes hands in Edinburgh, run to £235,826, some 80.6% above the Scotland average. Edinburgh is the most expensive of Scotland's cities, and a flat-buyer's market wearing a house-buyer's price tag.
For an investor, that composition is the whole story. The cheapest way into the city is a flat in EH11 (Gorgie) at an average asking price of £205,716, the lowest of the 21 Edinburgh postcodes with price data, and it pairs that entry with the highest gross yield in the city at 6.9%. The most expensive postcode, EH9 (Marchmont, Grange), asks £470,132 and returns 4.4%. Across the City of Edinburgh council area the population reached 512,700 at the 2022 census, up 7.6% on 2011, and the median local salary of £43,169 sits above both the Scotland and Great Britain figures.
This guide covers the City of Edinburgh council area (ONS code S12000036) across 22 postcodes from EH1 to EH30. Edinburgh is Scotland's capital, a UNESCO World Heritage Site, and home to four universities. Buying here works differently from England: purchase tax is Land and Buildings Transaction Tax rather than stamp duty, and the legal process runs on the Home Report and the conclusion of missives. Investors weighing up Scotland may also look at Glasgow buy-to-let for a higher-yield, lower-price alternative.
Article updated: June 2026
Why Invest in Edinburgh?
The City of Edinburgh grew its population 7.6% between the 2011 and 2022 censuses, from 476,626 to 512,700 residents, roughly 36,000 more people in eleven years. As Scotland's capital and second-largest city, Edinburgh draws workers across financial services, technology, higher education and the public sector. Four universities sit inside the council boundary, led by the University of Edinburgh, a Russell Group institution, and Edinburgh Napier. That student and graduate population feeds a steady flow of renters into the central postcodes year after year.
The median gross annual salary across the City of Edinburgh is £43,169, which is 8.2% above the Scotland median of £39,905 and 10.3% above the Great Britain median of £39,125. The local employment rate of 83.3% runs well ahead of the Great Britain figure of 75.6%. Edinburgh is the UK's largest financial centre outside London, with fund managers, insurers and banks anchoring the office economy, while festival tourism and the universities spread demand across the rest of the year. Higher local wages mean tenants can carry the rents that the central postcodes command.
Edinburgh Economic Summary
- Population (City of Edinburgh): 512,700 (2022 Census). Growth of 7.6% from 2011.
- Median annual salary: £43,169 (local), £39,905 (Scotland), £39,125 (Great Britain)
- Employment rate: 83.3% (local), 75.6% (Great Britain)
- Key employment sectors: Financial services, higher education, technology, public sector, tourism, healthcare
Source: ONS Explore Local Statistics, Nomis Labour Market Profile (ASHE 2025)
Regeneration and Investment in Edinburgh
Edinburgh's largest residential regeneration, the £1.3 billion Granton Waterfront, starts main construction in early 2026 with 847 homes in its first phase. The schemes below are the three with confirmed funding or planning and the most direct bearing on where new rental stock will land.
- Granton Waterfront (Phase 1 construction from early 2026, £1.3 billion programme): A brownfield coastal site three miles north of the centre, in the EH5 postcode, set to deliver thousands of homes over roughly a decade. Phase 1 brings 847 homes with at least 45% affordable, built with Cruden Homes and completing around 2033, alongside a new primary school, retail units and the restored Gasholder 1 Park. Updates at City of Edinburgh Council.
- West Town Edinburgh (Planning consent in principle, £2 billion): A 205-acre mixed-use neighbourhood between Ingliston Park and Ride and the Gogar roundabout in west Edinburgh, near the EH12 postcode and the tram line to the airport. Drum Property Group is the developer, and the City of Edinburgh Council has granted planning consent in principle. Updates at West Town Edinburgh.
- Edinburgh Tram Extension (Consultation and business case, £2 billion to £2.9 billion): A proposed north-to-south tram line linking Granton to the Edinburgh BioQuarter and the Royal Infirmary via the city centre, forecast to carry around 13 million passengers a year by 2032. The route would connect the Granton regeneration to the southern health and research cluster. Updates at City of Edinburgh Council.
Edinburgh Property Market Analysis
Average property prices across the City of Edinburgh have risen 138.3% since January 2004, from £121,643 to £289,857. The Registers of Scotland series that feeds the UK House Price Index begins in January 2004 for Scottish council areas, so the cycle below runs from 2004 onward rather than the 1995 start used for English markets. The sections after it drill into current postcode-level data for sold prices, price per square foot, asking prices, growth and transaction volumes.
When was the last house price crash in Edinburgh?
Edinburgh is recorded as the City of Edinburgh council area in the UK House Price Index, and the monthly series starts in January 2004. That captures the late stage of the 2000s boom, the financial crisis, the long recovery and the pandemic surge, which is the full set of cycles a buyer needs to read the market.
The 2004 to 2007 boom: Edinburgh opened the series at £121,643 in January 2004 and ran hard. By December 2005 the average was £149,470, and by December 2006 it had reached £173,928, a year of 16.4% growth. Prices peaked at £195,921 in September 2007, a rise of 61.1% in under four years on the back of cheap credit and rising transaction volumes.
2008 to 2009, the financial crisis: From the September 2007 peak of £195,921, prices fell to a trough of £158,844 in March 2009, a decline of 18.9% over eighteen months. The worst year-on-year reading was -16.0% in April 2009. Edinburgh's fall was slightly steeper than Scotland's national decline and close to England's, with the capital's higher-value stock offering little shelter once mortgage lending tightened.
2010 to 2013, the false start and second dip: Prices bounced off the trough to £184,599 by December 2010, then drifted back down. By December 2012 the average had slipped to £171,267, still 12.6% below the 2007 peak. Edinburgh spent the best part of four years stuck below its pre-crash level, a longer stall than the headline crash figure suggests.
Recovery, 2014 to 2016: Growth returned in 2014, and prices crossed the September 2007 peak in March 2015 at £202,935, seven and a half years after the high. By December 2016 the average had reached £195,466, with the market settling into steady single-digit gains.
2017 to 2019, pre-pandemic growth: Prices moved from £210,755 in December 2017 to £227,520 in December 2018 and £238,161 in December 2019, with annual growth running between 4% and 8%. Edinburgh outpaced much of the rest of Scotland through this period, carried by its jobs base and constrained central supply.
2020 to 2022, the pandemic surge: Scotland's LBTT holiday and a shift towards more space pushed prices from £243,672 in June 2020 to £273,500 by December 2022. Annual growth held around 5% even as the rest of the UK cooled, with flats and central tenements in demand from buyers who valued walkable city living.
The 2023 rate shock: Higher mortgage rates slowed the market. The annual reading turned negative, reaching -0.7% in June 2023 and -1.2% by December 2023, when the average sat at £270,167. Edinburgh's correction was mild compared with markets carrying more leverage.
2024 to present: Growth resumed through 2024 and 2025. Prices reached £278,146 by December 2024 and hit an all-time high of £296,716 in November 2025, before easing back to £289,857 by the latest reading in March 2026. That puts the current average 47.9% above the September 2007 pre-crash peak of £195,921, with the recent dip from the November high a normal seasonal cooling rather than a fresh correction.
Long-term growth summary:
- 5 years (March 2021 to March 2026): 17.4% growth (£246,868 to £289,857)
- 10 years (March 2016 to March 2026): 47.2% growth (£196,980 to £289,857)
- 15 years (March 2011 to March 2026): 66.6% growth (£174,031 to £289,857)
- 20 years (March 2006 to March 2026): 88.3% growth (£153,908 to £289,857)
- Full series (January 2004 to March 2026): 138.3% growth (£121,643 to £289,857)
Edinburgh's 18.9% crash was deeper than its eventual recovery was quick, with the second dip between 2010 and 2013 dragging out the flat period to nearly eight years before the pre-crash peak was cleared. Since then the capital has compounded steadily, and an investor who bought at the exact September 2007 top would now be 47.9% ahead on the Land Registry average.
- All property types
- Detached
- Semi-detached
- Terraced
- Flats
- All property types
- Detached
- Semi-detached
- Terraced
- Flats
Sold House Prices in Edinburgh
The average sold price across all property types in the City of Edinburgh is £289,857, which is 55.4% above the Scotland average of £186,582 as of March 2026. Edinburgh sits well clear of the national figure at the headline level, and the gap is wider still by type. Edinburgh sells a high proportion of flats, the cheapest type, which pulls the city-wide average down relative to its houses, yet even those flats price 80.6% above the Scottish average.
| Property Type | Edinburgh Average | Scotland Average | Difference |
|---|---|---|---|
| Detached houses | £664,858 | £338,748 | +96.3% |
| Semi-detached houses | £435,198 | £214,637 | +102.8% |
| Terraced houses | £365,895 | £175,465 | +108.5% |
| Flats and maisonettes | £235,826 | £130,560 | +80.6% |
| All property types | £289,857 | £186,582 | +55.4% |
Detached houses at £664,858 carry the largest absolute premium, 96.3% above Scotland's £338,748. Edinburgh has relatively few detached homes, and the ones that exist sit in premium pockets such as Cramond and Blackhall in EH4 and the Corstorphine fringe in EH12. Scarcity in a high-wage capital keeps detached values well clear of the national average, and annual growth of 1.3% points to steady demand rather than any rush.
Semi-detached houses at £435,198 sit 102.8% above Scotland's £214,637. These are the inter-war and post-war family homes of the outer suburbs, in EH10 (Morningside, Fairmilehead), EH12 (Corstorphine, Murrayfield) and EH14 (Currie, Balerno). They sit at the top of most family buyers' wish lists in the city, and annual growth of 1.6% is the strongest of the four types.
Terraced houses at £365,895 are 108.5% above Scotland's £175,465, the widest gap of the four types. In Edinburgh the terraced label covers a lot of the city's stone-built colony housing and Victorian rows in EH7 (Leith Walk, Restalrig), EH8 (Newington, Southside) and Portobello in EH15, much of it close to the centre and in constant demand. Annual growth of 1.5% keeps terraces moving roughly in step with semis.
Flats and maisonettes at £235,826 carry the smallest premium, though still 80.6% above Scotland's £130,560, and this is the engine of Edinburgh's buy-to-let market. Georgian and Victorian tenement flats make up the bulk of sales across EH6 (Leith), EH11 (Gorgie, Dalry) and EH8 (Newington, Southside), which is why this is the cheapest type a buyer can target in the city. Annual change of -0.9% shows flats easing slightly while houses edged up.
Price Per Square Foot in Edinburgh
Edinburgh's price per square foot ranges from £270 in EH28 (Ratho) to £489 in EH3 (Stockbridge, Inverleith), a £219 spread across the 20 postcodes with enough transactions to measure. Price per square foot strips out the effect of property size and gives a cleaner read on where built space is most expensive. EH3 tops the table on the strength of Stockbridge's period flats and the New Town fringe, while the outer villages in West Lothian and the airport corridor sit at the bottom. EH1 and EH2 trade too few homes to report a reliable per-foot figure.
| Rank | Area | Price Per Sq Ft |
|---|---|---|
| 1 | EH28 (Ratho) | £270 |
| 2 | EH27 (Kirknewton) | £275 |
| 3 | EH21 (Musselburgh) | £278 |
| 4 | EH29 (Kirkliston) | £282 |
| 5 | EH17 (Gilmerton) | £294 |
| 6 | EH30 (South Queensferry) | £295 |
| 7 | EH5 (Granton, Trinity) | £298 |
| 8 | EH16 (Liberton, Cameron Toll) | £308 |
| 9 | EH11 (Gorgie, Dalry) | £327 |
| 10 | EH13 (Colinton, Oxgangs) | £334 |
| 11 | EH14 (Currie, Balerno) | £335 |
| 12 | EH12 (Corstorphine, Murrayfield) | £354 |
| 13 | EH8 (Newington, Southside) | £364 |
| 14 | EH4 (Blackhall, Cramond) | £370 |
| 15 | EH6 (Leith) | £370 |
| 16 | EH15 (Portobello, Duddingston) | £381 |
| 17 | EH7 (Leith Walk, Restalrig) | £390 |
| 18 | EH10 (Morningside, Fairmilehead) | £455 |
| 19 | EH9 (Marchmont, Grange) | £463 |
| 20 | EH3 (Stockbridge, Inverleith) | £489 |
| — | EH1 (Old Town, New Town) | Not enough data |
| — | EH2 (New Town) | Not enough data |
EH28 (Ratho) at £270 per square foot is the cheapest place to buy built space in the guide, drawn from 41 transactions on the city's western edge near the airport and the canal. EH27 (Kirknewton) and EH21 (Musselburgh) follow close behind, so the lowest per-foot rates all sit on the commuter fringe rather than in the city itself.
EH3 (Stockbridge, Inverleith) at £489 per square foot tops the table, 81% above EH28. Stockbridge's period flats and the streets running up towards the New Town command the highest rate in the city, and EH9 (Marchmont, Grange) at £463 and EH10 (Morningside, Fairmilehead) at £455 sit just behind. When a buyer pays this much per foot they are paying for the address, not the size of the home.
For Sale Asking Prices in Edinburgh
Asking prices in Edinburgh run from £205,716 in EH11 (Gorgie, Dalry) to £470,132 in EH9 (Marchmont, Grange), a gap of 128.5% across the 21 postcodes with data. The mean asking price across those postcodes is £337,923. The table below ranks them from the cheapest entry to the most expensive.
| Rank | Area | Asking Price |
|---|---|---|
| 1 | EH11 (Gorgie, Dalry) | £205,716 |
| 2 | EH5 (Granton, Trinity) | £238,554 |
| 3 | EH6 (Leith) | £244,785 |
| 4 | EH7 (Leith Walk, Restalrig) | £247,165 |
| 5 | EH8 (Newington, Southside) | £274,956 |
| 6 | EH21 (Musselburgh) | £279,779 |
| 7 | EH16 (Liberton, Cameron Toll) | £290,114 |
| 8 | EH13 (Colinton, Oxgangs) | £317,250 |
| 9 | EH17 (Gilmerton) | £319,874 |
| 10 | EH15 (Portobello, Duddingston) | £322,479 |
| 11 | EH14 (Currie, Balerno) | £329,463 |
| 12 | EH30 (South Queensferry) | £351,863 |
| 13 | EH29 (Kirkliston) | £352,824 |
| 14 | EH1 (Old Town, New Town) | £360,313 |
| 15 | EH4 (Blackhall, Cramond) | £386,582 |
| 16 | EH12 (Corstorphine, Murrayfield) | £389,295 |
| 17 | EH28 (Ratho) | £403,666 |
| 18 | EH10 (Morningside, Fairmilehead) | £414,520 |
| 19 | EH3 (Stockbridge, Inverleith) | £442,837 |
| 20 | EH2 (New Town) | £454,214 |
| 21 | EH9 (Marchmont, Grange) | £470,132 |
EH11 (Gorgie, Dalry) at £205,716 is the cheapest way into Edinburgh, the only postcode where the average asking price sits comfortably below £250,000. Gorgie and Dalry are dense, tenement-heavy neighbourhoods a short walk or cycle west of the centre, exactly the kind of stock that suits a first buy-to-let. The next three cheapest, EH5, EH6 and EH7, all cluster in the £238,000 to £247,000 band around Leith and Granton, so the entry-level options sit close together in the north and west.
At the top end, EH9 (Marchmont, Grange) at £470,132 asks 128.5% more than EH11. Marchmont and the Grange are prized for their large stone tenements and proximity to the Meadows and the University, and EH2 (New Town) at £454,214 and EH3 (Stockbridge, Inverleith) at £442,837 keep it company at the premium end. Only EH27 (Kirknewton) on the western edge has too few listings to publish a reliable asking figure, which is why it is absent here.
House Price Growth in Edinburgh
EH30 (South Queensferry) leads Edinburgh on five-year growth at 26.7%, while EH16 (Liberton, Cameron Toll) is the only larger central postcode to combine a strong five-year figure with positive one- and three-year readings. The table below shows growth over one, three and five years for every postcode with data, sorted by the five-year figure. Almost every postcode is positive over five years; the shorter windows are more mixed.
| Area | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| EH30 (South Queensferry) | -0.3% | 10.8% | 26.7% |
| EH16 (Liberton, Cameron Toll) | 5.0% | 12.1% | 23.9% |
| EH21 (Musselburgh) | 0.0% | 15.1% | 17.5% |
| EH7 (Leith Walk, Restalrig) | 0.1% | 8.2% | 17.0% |
| EH12 (Corstorphine, Murrayfield) | 5.6% | 4.2% | 16.1% |
| EH29 (Kirkliston) | -1.8% | 2.9% | 15.2% |
| EH1 (Old Town, New Town) | 0.1% | 12.8% | 15.0% |
| EH8 (Newington, Southside) | 5.7% | 2.7% | 14.9% |
| EH6 (Leith) | 1.0% | 6.1% | 14.6% |
| EH27 (Kirknewton) | -9.6% | -2.6% | 14.0% |
| EH11 (Gorgie, Dalry) | 3.9% | 1.9% | 13.6% |
| EH13 (Colinton, Oxgangs) | -6.8% | 9.8% | 11.8% |
| EH14 (Currie, Balerno) | 1.0% | 8.1% | 10.5% |
| EH15 (Portobello, Duddingston) | -2.3% | -4.0% | 10.5% |
| EH10 (Morningside, Fairmilehead) | 1.3% | 4.3% | 10.4% |
| EH9 (Marchmont, Grange) | 1.0% | 0.8% | 9.5% |
| EH17 (Gilmerton) | 10.1% | 18.8% | 8.6% |
| EH5 (Granton, Trinity) | -0.9% | -7.7% | 7.9% |
| EH4 (Blackhall, Cramond) | -4.9% | 1.9% | 7.2% |
| EH3 (Stockbridge, Inverleith) | 6.3% | -3.4% | 1.6% |
| EH2 (New Town) | -4.0% | -19.2% | -10.2% |
| EH28 (Ratho) | -23.2% | -15.1% | -17.1% |
EH30 (South Queensferry) at 26.7% over five years has the strongest five-year return in the city, helped by the waterfront setting and the Forth bridges commuter draw, though its flat one-year reading shows the recent pace has cooled. EH16 (Liberton, Cameron Toll) at 23.9% is the strongest of the bigger central postcodes, positive across all three windows at 5.0%, 12.1% and 23.9%, which makes it the most consistent grower of the group.
At the other end, EH28 (Ratho) at -17.1% over five years and EH2 (New Town) at -10.2% are the only two postcodes in negative territory over the period. EH2 covers a small, expensive slice of the New Town where a handful of high-value sales can swing the average sharply, and EH28's low transaction count on the western fringe makes its figures volatile rather than a clear trend. The investor-grade postcodes around Leith and Gorgie, EH6, EH7 and EH11, all sit comfortably positive over five years.
Monthly Property Sales in Edinburgh
Edinburgh's busiest postcodes turn over 67 to 70 sales a month, with EH6 (Leith) the most active at 70, while turnover rates climb as high as 72% in EH15 (Portobello, Duddingston). Monthly sales show the depth of the market in each postcode, and turnover shows how often the existing stock changes hands. The central, flat-heavy postcodes trade fastest.
| Area | Sales Per Month | Turnover | Asking Price |
|---|---|---|---|
| EH6 (Leith) | 70 | 43% | £244,785 |
| EH11 (Gorgie, Dalry) | 68 | 58% | £205,716 |
| EH7 (Leith Walk, Restalrig) | 67 | 58% | £247,165 |
| EH4 (Blackhall, Cramond) | 60 | 37% | £386,582 |
| EH12 (Corstorphine, Murrayfield) | 58 | 25% | £389,295 |
| EH21 (Musselburgh) | 54 | 44% | £279,779 |
| EH3 (Stockbridge, Inverleith) | 46 | 31% | £442,837 |
| EH10 (Morningside, Fairmilehead) | 43 | 45% | £414,520 |
| EH14 (Currie, Balerno) | 42 | 52% | £329,463 |
| EH16 (Liberton, Cameron Toll) | 37 | 37% | £290,114 |
| EH15 (Portobello, Duddingston) | 31 | 72% | £322,479 |
| EH5 (Granton, Trinity) | 30 | 55% | £238,554 |
| EH9 (Marchmont, Grange) | 27 | 36% | £470,132 |
| EH8 (Newington, Southside) | 25 | 43% | £274,956 |
| EH17 (Gilmerton) | 25 | 32% | £319,874 |
| EH13 (Colinton, Oxgangs) | 15 | 40% | £317,250 |
| EH30 (South Queensferry) | 12 | 17% | £351,863 |
| EH1 (Old Town, New Town) | 11 | 25% | £360,313 |
| EH29 (Kirkliston) | 6 | 32% | £352,824 |
| EH28 (Ratho) | 4 | 39% | £403,666 |
| EH2 (New Town) | Not enough data | Not enough data | £454,214 |
EH6 (Leith) at 70 sales a month is the deepest market in the city, with EH11 (Gorgie, Dalry) at 68 and EH7 (Leith Walk, Restalrig) at 67 close behind. These are the postcodes where a landlord can buy and, later, sell without waiting for a thin market to throw up a buyer. They are also the cheapest, which is no coincidence: lower-priced flats trade more often than premium family homes.
EH15 (Portobello, Duddingston) shows the highest turnover at 72%, well above the rest, so a large share of its stock changes hands each year despite only 31 sales a month. By contrast EH1 (Old Town, New Town) sees just 11 sales a month, and the outlying EH27, EH28 and EH29 trade in single digits, which is why their growth figures swing about so much.
How Long Properties Take to Sell in Edinburgh
Edinburgh sells fast almost everywhere: 20 of the 21 measured postcodes are seller's markets, with EH15 (Portobello, Duddingston) clearing quickest at around 40 days and only EH30 (South Queensferry) reading as balanced. Days on market is the typical time a home is listed before it sells, and months of unsold stock shows how much supply is sitting there at the current rate of sales. A short figure on both points to a market tilted firmly towards sellers, which an investor needs to factor in when buying and, later, when selling.
| Area | Avg Days to Sell | Months of Unsold Stock | Market |
|---|---|---|---|
| EH15 (Portobello, Duddingston) | 40 | 1.3 | Seller's market |
| EH11 (Gorgie, Dalry) | 48 | 1.6 | Seller's market |
| EH5 (Granton, Trinity) | 55 | 1.8 | Seller's market |
| EH14 (Currie, Balerno) | 55 | 1.8 | Seller's market |
| EH7 (Leith Walk, Restalrig) | 56 | 1.9 | Seller's market |
| EH6 (Leith) | 63 | 2.1 | Seller's market |
| EH10 (Morningside, Fairmilehead) | 66 | 2.2 | Seller's market |
| EH8 (Newington, Southside) | 74 | 2.4 | Seller's market |
| EH9 (Marchmont, Grange) | 76 | 2.5 | Seller's market |
| EH4 (Blackhall, Cramond) | 80 | 2.6 | Seller's market |
| EH29 (Kirkliston) | 80 | 2.6 | Seller's market |
| EH16 (Liberton, Cameron Toll) | 82 | 2.7 | Seller's market |
| EH13 (Colinton, Oxgangs) | 87 | 2.9 | Seller's market |
| EH21 (Musselburgh) | 95 | 3.1 | Seller's market |
| EH17 (Gilmerton) | 98 | 3.2 | Seller's market |
| EH3 (Stockbridge, Inverleith) | 105 | 3.4 | Seller's market |
| EH12 (Corstorphine, Murrayfield) | 109 | 3.6 | Seller's market |
| EH1 (Old Town, New Town) | 122 | 4.0 | Seller's market |
| EH28 (Ratho) | 122 | 4.0 | Seller's market |
| EH27 (Kirknewton) | 179 | 5.9 | Seller's market |
| EH30 (South Queensferry) | 190 | 6.3 | Balanced market |
EH15 (Portobello, Duddingston) clears in about 40 days with only 1.3 months of unsold stock, the tightest market in the city, helped by the seaside draw of Portobello. The cheaper investor postcodes are right behind it, with EH11 (Gorgie, Dalry) at 48 days and EH7 (Leith Walk, Restalrig) at 56, so the flats that yield best are also the ones that move quickest.
A yield figure says nothing about how easily you can get back out. The point of this table is the exit: a 40-day market in EH15 means a far quicker sale than the 190 days in EH30 (South Queensferry), the one postcode here reading as balanced rather than tilted to sellers. For a landlord, faster-moving stock is less time carrying a property you are trying to move on.
Edinburgh Rental Market Analysis
Monthly rents in Edinburgh run from £1,080 in EH21 (Musselburgh) to £1,749 in EH3 (Stockbridge, Inverleith), with gross yields from 4.1% to 6.9% across the 15 postcodes with rental data. For investors asking is buy to let worth it in Edinburgh, the sections below break down rents, yields and tenant affordability postcode by postcode. Capital-city wages and four universities give the city a deeper, more reliable tenant pool than most of Scotland, which is part of why building a property portfolio here tends to lean on tenant stability rather than headline yield. Browse current buy-to-let investments for sale across Scotland.
Average Rent & Gross Rental Yields in Edinburgh
Gross rental yields in Edinburgh range from 4.1% in EH30 (South Queensferry) to 6.9% in EH11 (Gorgie, Dalry). As across most cities, the cheapest postcode delivers the highest yield. EH3 (Stockbridge, Inverleith) charges the highest rent at £1,749 a month but ranks near the bottom for yield at 4.7%, because its £442,837 asking price more than doubles EH11's.
| Area | Average Monthly Rent | Asking Price | Gross Yield |
|---|---|---|---|
| EH11 (Gorgie, Dalry) | £1,190 | £205,716 | 6.9% |
| EH6 (Leith) | £1,318 | £244,785 | 6.5% |
| EH5 (Granton, Trinity) | £1,277 | £238,554 | 6.4% |
| EH7 (Leith Walk, Restalrig) | £1,314 | £247,165 | 6.4% |
| EH8 (Newington, Southside) | £1,437 | £274,956 | 6.3% |
| EH16 (Liberton, Cameron Toll) | £1,302 | £290,114 | 5.4% |
| EH1 (Old Town, New Town) | £1,581 | £360,313 | 5.3% |
| EH14 (Currie, Balerno) | £1,348 | £329,463 | 4.9% |
| EH3 (Stockbridge, Inverleith) | £1,749 | £442,837 | 4.7% |
| EH4 (Blackhall, Cramond) | £1,476 | £386,582 | 4.6% |
| EH21 (Musselburgh) | £1,080 | £279,779 | 4.6% |
| EH9 (Marchmont, Grange) | £1,743 | £470,132 | 4.4% |
| EH12 (Corstorphine, Murrayfield) | £1,424 | £389,295 | 4.4% |
| EH10 (Morningside, Fairmilehead) | £1,466 | £414,520 | 4.2% |
| EH30 (South Queensferry) | £1,202 | £351,863 | 4.1% |
| EH13 (Colinton, Oxgangs) | Not enough data | £317,250 | Not enough data |
| EH15 (Portobello, Duddingston) | Not enough data | £322,479 | Not enough data |
| EH17 (Gilmerton) | Not enough data | £319,874 | Not enough data |
| EH29 (Kirkliston) | Not enough data | £352,824 | Not enough data |
| EH28 (Ratho) | Not enough data | £403,666 | Not enough data |
| EH2 (New Town) | Not enough data | £454,214 | Not enough data |
EH11 (Gorgie, Dalry) at 6.9% pairs the lowest asking price in the city with a £1,190 rent to give the top yield. A 30% deposit of £61,715 buys into the highest-yielding postcode in Edinburgh, and the tenant base here is a mix of young professionals and students drawn by the walk into town.
The Leith postcodes back it up: EH6 at 6.5%, EH5 at 6.4% and EH7 at 6.4% all sit in the same band, so the north and west of the city is where the income case is strongest. At the other end, EH30 (South Queensferry) at 4.1% and EH10 (Morningside, Fairmilehead) at 4.2% show the premium suburbs working harder for capital growth than for rent.
Gross Rental Yield by Postcode
Rental demand backs up the yield picture. Across the central postcodes where the data is deep enough to read, including EH3, EH6, EH7 and EH11, lettings turn over in around a month, with EH7 (Leith Walk, Restalrig) seeing homes let in roughly 29 days. That points to a market where good stock rarely sits empty for long, which matters more to a landlord's return than the headline yield alone.
Is Edinburgh Rent High?
Edinburgh rents take between 30.0% and 48.6% of the local median gross monthly salary, depending on the postcode. The widely used affordability threshold is 30% of gross income. Only EH21 (Musselburgh) sits right on that line; every other measured postcode is above it, which reflects a capital-city rental market where demand runs ahead of supply.
The median gross weekly salary in Edinburgh is £830.20, which works out at about £3,597 per month or £43,169 per year. That sits above both the Scotland median of £767.40 a week and the Great Britain median of £752.40. Data from the Nomis Labour Market Profile (ASHE 2025).
| Rank | Area | Rent as % of Income |
|---|---|---|
| 1 | EH3 (Stockbridge, Inverleith) | 48.6% |
| 2 | EH9 (Marchmont, Grange) | 48.4% |
| 3 | EH1 (Old Town, New Town) | 44.0% |
| 4 | EH4 (Blackhall, Cramond) | 41.0% |
| 5 | EH10 (Morningside, Fairmilehead) | 40.8% |
| 6 | EH8 (Newington, Southside) | 39.9% |
| 7 | EH12 (Corstorphine, Murrayfield) | 39.6% |
| 8 | EH14 (Currie, Balerno) | 37.5% |
| 9 | EH6 (Leith) | 36.6% |
| 10 | EH7 (Leith Walk, Restalrig) | 36.5% |
| 11 | EH16 (Liberton, Cameron Toll) | 36.2% |
| 12 | EH5 (Granton, Trinity) | 35.5% |
| 13 | EH30 (South Queensferry) | 33.4% |
| 14 | EH11 (Gorgie, Dalry) | 33.1% |
| 15 | EH21 (Musselburgh) | 30.0% |
| — | EH13 (Colinton, Oxgangs) | Not enough data |
| — | EH15 (Portobello, Duddingston) | Not enough data |
| — | EH17 (Gilmerton) | Not enough data |
| — | EH29 (Kirkliston) | Not enough data |
| — | EH28 (Ratho) | Not enough data |
| — | EH2 (New Town) | Not enough data |
EH21 (Musselburgh) at 30.0% is the most affordable for tenants, sitting right on the standard threshold. A £1,080 rent against a £3,597 monthly salary leaves a tenant with room to spare, which tends to mean fewer arrears and longer tenancies. EH11 (Gorgie, Dalry) at 33.1% is close behind, pairing affordability with the city's top yield.
EH3 (Stockbridge, Inverleith) at 48.6% is the least affordable on the median salary, but the figure flatters the picture: tenants paying £1,749 a month in Stockbridge are typically dual-income professional households earning well above the city median, not single earners stretched by the rent.
Buy-to-Let Considerations
Are House Prices High in Edinburgh? Price-to-Earnings Ratios
Buying a property in Edinburgh takes between 4.8 and 10.9 times the local median annual salary. This is based on the Nomis Labour Market Profile for Edinburgh, which puts the median gross annual income for Edinburgh residents at £43,169.
The Scotland benchmark for price-to-earnings is 4.8x (Scotland's average sold price of £186,582 divided by the Great Britain median annual salary of £39,125). Only EH11 (Gorgie, Dalry) matches that ratio against local earnings, and every other Edinburgh postcode sits above it, a reminder that the capital is materially more expensive against income than Scotland as a whole. Within the city, the lower-priced flat postcodes where the yields are highest are still the most affordable on this measure.
| Rank | Area | Price-to-Earnings Ratio |
|---|---|---|
| 1 | EH11 (Gorgie, Dalry) | 4.8x |
| 2 | EH5 (Granton, Trinity) | 5.5x |
| 3 | EH6 (Leith) | 5.7x |
| 4 | EH7 (Leith Walk, Restalrig) | 5.7x |
| 5 | EH8 (Newington, Southside) | 6.4x |
| 6 | EH21 (Musselburgh) | 6.5x |
| 7 | EH16 (Liberton, Cameron Toll) | 6.7x |
| 8 | EH13 (Colinton, Oxgangs) | 7.3x |
| 9 | EH17 (Gilmerton) | 7.4x |
| 10 | EH15 (Portobello, Duddingston) | 7.5x |
| 11 | EH14 (Currie, Balerno) | 7.6x |
| 12 | EH30 (South Queensferry) | 8.2x |
| 13 | EH29 (Kirkliston) | 8.2x |
| 14 | EH1 (Old Town, New Town) | 8.3x |
| 15 | EH4 (Blackhall, Cramond) | 9.0x |
| 16 | EH12 (Corstorphine, Murrayfield) | 9.0x |
| 17 | EH28 (Ratho) | 9.4x |
| 18 | EH10 (Morningside, Fairmilehead) | 9.6x |
| 19 | EH3 (Stockbridge, Inverleith) | 10.3x |
| 20 | EH2 (New Town) | 10.5x |
| 21 | EH9 (Marchmont, Grange) | 10.9x |
EH11 (Gorgie, Dalry) at 4.8x is the most affordable postcode against local wages, level with the 4.8x Scotland benchmark. A flat at under five times Edinburgh's median salary, in a city earning above the Great Britain average, is the kind of ratio that usually comes with weaker fundamentals elsewhere in the country. The Leith band of EH5, EH6 and EH7 sits only a little higher at 5.5x to 5.7x.
EH9 (Marchmont, Grange) at 10.9x is the most stretched, with EH3 (Stockbridge, Inverleith) at 10.3x close behind. At more than ten times local earnings these are premium owner-occupier postcodes bought by dual-income households and families trading space for address. For an investor the high ratio compresses the yield, which is why both sit at the bottom of the yield table.
Deposit Requirements in Edinburgh
A 30% deposit on a buy-to-let in Edinburgh ranges from £61,715 in EH11 (Gorgie, Dalry) to £141,040 in EH9 (Marchmont, Grange). The gap between the cheapest and most expensive deposit is £79,325, more than a full second deposit in EH11. For investors weighing Edinburgh against other Scottish cities, these are higher up-front figures than Glasgow or Aberdeen, where the cheapest postcodes need well under £55,000 at 30%.
On top of the deposit, Scottish buyers pay Land and Buildings Transaction Tax rather than stamp duty, plus the Additional Dwelling Supplement on a second property, which both add to the running costs of buy-to-let. The tax detail is set out below the table.
| Rank | Area | 30% Deposit Required |
|---|---|---|
| 1 | EH11 (Gorgie, Dalry) | £61,715 |
| 2 | EH5 (Granton, Trinity) | £71,566 |
| 3 | EH6 (Leith) | £73,435 |
| 4 | EH7 (Leith Walk, Restalrig) | £74,150 |
| 5 | EH8 (Newington, Southside) | £82,487 |
| 6 | EH21 (Musselburgh) | £83,934 |
| 7 | EH16 (Liberton, Cameron Toll) | £87,034 |
| 8 | EH13 (Colinton, Oxgangs) | £95,175 |
| 9 | EH17 (Gilmerton) | £95,962 |
| 10 | EH15 (Portobello, Duddingston) | £96,744 |
| 11 | EH14 (Currie, Balerno) | £98,839 |
| 12 | EH30 (South Queensferry) | £105,559 |
| 13 | EH29 (Kirkliston) | £105,847 |
| 14 | EH1 (Old Town, New Town) | £108,094 |
| 15 | EH4 (Blackhall, Cramond) | £115,975 |
| 16 | EH12 (Corstorphine, Murrayfield) | £116,788 |
| 17 | EH28 (Ratho) | £121,100 |
| 18 | EH10 (Morningside, Fairmilehead) | £124,356 |
| 19 | EH3 (Stockbridge, Inverleith) | £132,851 |
| 20 | EH2 (New Town) | £136,264 |
| 21 | EH9 (Marchmont, Grange) | £141,040 |
EH11 (Gorgie, Dalry) is the cheapest way into Edinburgh at a £61,715 deposit, and it happens to be the highest-yielding postcode too, so the lowest up-front cost and the best income line up in the same place. Stepping up to the Leith band of EH5, EH6 and EH7 costs around £10,000 to £13,000 more and buys into the same flat-led, fast-letting market a little to the east.
On the tax side, Land and Buildings Transaction Tax (Revenue Scotland's replacement for stamp duty since 2015) is charged in bands: nothing up to £145,000, 2% to £250,000, 5% to £325,000, 10% to £750,000 and 12% above that. A buy-to-let or second home also pays the Additional Dwelling Supplement, currently 8% of the whole price, on top. On an EH11 flat at £205,716 that supplement alone is over £16,000, so it is a material part of the capital you need beyond the deposit. Estimate your bill with our Scotland LBTT calculator, then verify the current rates with Revenue Scotland before you budget, as bands and the supplement change.
What the Edinburgh Data Tells Buy-to-Let Investors
In Edinburgh the cheapest postcode is also the highest-yielding, and it is a flat market rather than a house one. EH11 (Gorgie, Dalry) has the top yield at 6.9%, the lowest asking price for an investment property in Edinburgh at £205,716, and the most affordable prices against local earnings at 4.8 times income. A 30% deposit there is £61,715, the lowest in the city, for a flat renting at £1,190 a month.
The Leith corridor extends that case: EH5, EH6 and EH7 all yield 6.4% to 6.5% on asking prices between £238,000 and £247,000, in the deepest, fastest-letting part of the market. EH6 (Leith) alone sees 70 sales a month, so a landlord can buy and later sell without waiting on a thin market. These central, flat-heavy postcodes are where the income and the liquidity both sit.
At the premium end, EH9 (Marchmont, Grange), EH3 (Stockbridge, Inverleith) and EH10 (Morningside, Fairmilehead) ask £414,000 to £470,000 and return 4.2% to 4.7%. They charge the highest rents in the city, up to £1,749 a month, but the price tag does more for capital growth and tenant quality than for the yield. Buyers chasing a below-asking entry into these areas often work through off-market property in Edinburgh rather than the open listings.
Edinburgh reads differently from the higher-yielding Scottish cities. Glasgow and Aberdeen offer top yields near 9% on far lower prices, but Edinburgh trades that for a capital-city tenant base, above-average wages, an 83.3% employment rate and a market where almost every postcode sells in under four months. For a Scotland investor it is the stability play, not the yield play.
How Edinburgh Compares
Edinburgh's mean asking price of £337,923 is the highest of six Scottish cities compared here, yet its top yield of 6.9% beats every city priced above £200,000. The table places Edinburgh alongside five other Scottish locations, each with a different investor profile. The mean asking price and mean monthly rent are simple averages across all postcodes with data; the top gross yield is the single highest postcode yield in each location.
| Location | Mean Asking Price | Mean Monthly Rent | Mean Gross Yield | Top Yield (postcode) |
|---|---|---|---|---|
| Aberdeen | £165,622 | £782 | 5.7% | 9.3% (AB11) |
| Glasgow | £183,315 | £1,078 | 7.1% | 10.8% (G2) |
| Dundee | £205,224 | £891 | 5.2% | 7.2% (DD1) |
| Perth | £246,979 | £777 | 3.8% | 5.0% (PH1) |
| Stirling | £316,532 | £1,004 | 3.8% | 5.2% (FK7) |
| Edinburgh | £337,923 | £1,394 | 5.0% | 6.9% (EH11) |
Edinburgh is the most expensive location in this comparison at £337,923 mean asking price, and it also carries the highest mean rent at £1,394. Its 6.9% top yield is the striking part: it is lower than the budget cities but comfortably ahead of the two other higher-priced markets, Stirling at 5.2% and Perth at 5.0%. Edinburgh's flat-led entry postcodes let it out-yield commuter cities that cost less per home overall.
For investors prioritising income, Glasgow at 10.8% and Aberdeen at 9.3% deliver the highest top-line yields in Scotland on the lowest prices, while Dundee at 7.2% sits in between. Edinburgh competes on a different basis: capital-city wages, four universities and the deepest, fastest-moving market of the six. For a data-driven comparison across the whole country, see our highest-yielding areas guide.
Frequently Asked Questions
Is Edinburgh a good place to live for buy-to-let tenants?
Edinburgh's jobs and wages support tenant demand. The employment rate is 83.3%, well above the Great Britain figure of 75.6%, and the typical wage is £830.20 a week against £752.40 across Great Britain. Tenants in steadier work, earning a little more, are generally better placed to keep the rent paid.
It is also an easy city to rent in. Four universities, a large financial-services workforce and festival tourism keep demand high across the year, and in the central postcodes a flat let in around a month rather than sitting empty.
What are the best areas in Edinburgh for property investment?
It depends whether you want income or growth. For income, the flat-heavy postcodes west and north of the centre lead: EH11 (Gorgie, Dalry) is the cheapest entry at £205,716 and the highest-yielding at 6.9%, with the Leith band of EH6, EH5 and EH7 close behind at 6.4% to 6.5%.
For growth, EH16 (Liberton, Cameron Toll) is the most consistent, positive over one, three and five years at 5.0%, 12.1% and 23.9%, while EH30 (South Queensferry) has the strongest five-year figure at 26.7%. So if yield matters most, look at Gorgie and Leith; if you want growth that has shown up across every timeframe, EH16 is the steadier pick.
How does Edinburgh compare to Glasgow for buy-to-let?
They are close to opposite propositions. Glasgow is the higher-yield, lower-price end, with a top gross yield near 8.9% against Edinburgh's 6.9% and a mean asking price of £183,315, roughly 46% cheaper than Edinburgh's £337,923. It gives an income investor more to work with on a smaller budget.
Edinburgh trades that yield for capital-city fundamentals: higher wages, a deeper professional and student tenant base, and a market where almost every postcode sells in under four months. The split is Glasgow on cash flow and Edinburgh on tenant stability and holding value.
Can I buy a flat in Edinburgh under £250,000?
Yes, and flats are where most buy-to-let buying happens here. The whole city runs on tenement and conversion flats, which average £235,826 on the Land Registry index, and the cheapest postcode, EH11 (Gorgie, Dalry), has an average asking price of £205,716. EH5 (Granton, Trinity), EH6 (Leith) and EH7 (Leith Walk, Restalrig) all sit between £238,000 and £247,000 on average, so a sub-£250,000 flat is realistic across the north and west of the city.
If a below-asking entry is the goal, it is worth looking through below market value properties as well as the open listings.
What type of property is most common in Edinburgh?
Flats, and by a wide margin. Edinburgh's housing stock is dominated by Georgian and Victorian tenement flats, which is why flats account for the bulk of sales and why the city-wide average sold price of £289,857 holds 55.4% above the Scotland average despite flats being the cheapest type. Flats average £235,826 on the Land Registry index, 80.6% above the Scotland average, while detached houses run to £664,858, a 96.3% premium, and semi-detached and terraced homes both sit more than 100% above the national figure.
For a buy-to-let buyer that mix matters: the flats that make up most of the market are the cheapest type in the city and concentrate in the higher-yielding postcodes such as EH11 (Gorgie, Dalry), EH6 (Leith) and EH8 (Newington, Southside).
Is there demand for student accommodation in Edinburgh?
Yes, and it is one of the strongest student markets in the UK. The University of Edinburgh is a Russell Group institution and one of four universities inside the council area, concentrating demand around EH8 (Newington, Southside) next to the main campus and EH9 (Marchmont, Grange), the traditional student tenement belt by the Meadows. Shared student lets there come with summer voids and more hands-on management than a standard tenancy, so factor that in.
On the HMO side, a sample of current room adverts puts a double room with a shared bathroom at around £164 a week in EH7 and £173 in EH8, with the middle 80% of EH8 adverts between £138 and £250. For the purpose-built end of the market, see our guide to student property investment, and for how the numbers work on a shared house, our guide to HMO property.
How do property purchase taxes work in Edinburgh?
Scotland does not use stamp duty. The purchase tax is Land and Buildings Transaction Tax, run by Revenue Scotland, charged in bands: 0% up to £145,000, 2% to £250,000, 5% to £325,000, 10% to £750,000 and 12% above. A buy-to-let or any additional home also pays the Additional Dwelling Supplement, currently 8% of the full purchase price, on top of the banded tax.
The buying process differs too: sellers provide a Home Report up front, properties are often marketed at "offers over", and the deal becomes binding at the conclusion of missives through a solicitor rather than an English-style exchange. Always check the current rates with Revenue Scotland before budgeting.
What are average house prices in Edinburgh?
The average sold price across the City of Edinburgh is £289,857 on the UK House Price Index, 55.4% above the Scotland average of £186,582 as of March 2026. By type, detached homes average £664,858, semi-detached £435,198, terraced £365,895 and flats £235,826, so houses cost 96% to 109% more than the Scotland equivalent while flats are 80.6% higher. Asking prices by postcode run from £205,716 in EH11 (Gorgie, Dalry) up to £470,132 in EH9 (Marchmont, Grange), with a city-wide mean of £337,923.
Through a buy-to-let lens, EH11 is the cheapest entry and the highest-yielding at 6.9%, while the premium EH9 and EH3 postcodes sit at the bottom of the yield table.
How do I buy an investment property in Edinburgh?
Start by deciding whether you are buying for income or growth, because that points you at a different postcode. EH11 (Gorgie, Dalry) is the cheapest entry at £205,716 and the highest-yielding at 6.9%, while EH16 (Liberton, Cameron Toll) pairs a 5.4% yield with the most consistent growth in the city. Budget for a 30% deposit, which runs from £61,715 in EH11 to £141,040 in EH9, plus Land and Buildings Transaction Tax and the 8% Additional Dwelling Supplement on top.
Beyond what is listed openly, experienced investors often buy below asking through off-market property in Edinburgh and BMV property. To see what is available now, browse investment property in Edinburgh or buy-to-let investments for sale.
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