LHA by area › Milton Keynes
LHA rates in Milton Keynes
The Valuation Office Agency's Local Housing Allowance for the Milton Keynes Broad Rental Market Area, April 2026 to March 2027, and what those rates return against what houses actually sold for in each postcode district.
3-bed LHA: £1,192 a month. 4-bed: £1,491. Room in a shared house: £500.
Best 3-bed LHA yield in the area: 5.7% in MK7, where a terraced house sold for a median £250,000 in the last 12 months.
Rates
| Bedrooms | Per week | Per month |
|---|---|---|
| shared accommodation (room) | £115 | £500 |
| 1 bedroom | £178 | £773 |
| 2 bedrooms | £213 | £922 |
| 3 bedrooms | £275 | £1,192 |
| 4 bedrooms | £344 | £1,491 |
3-bed LHA yield by postcode district
3-bedroom LHA for the year against the median terraced sale price in the district, last 12 months, districts with at least 10 sales. Sold data as of September 2026.
| District | Median terraced sale | Gross LHA yield |
|---|---|---|
| MK7 Milton Keynes | £250,000 (39 sales) | 5.7% |
| MK2 Buckinghamshire | £261,500 (36 sales) | 5.5% |
| MK6 Milton Keynes | £280,000 (45 sales) | 5.1% |
| MK14 Milton Keynes | £280,000 (53 sales) | 5.1% |
| MK13 Milton Keynes | £280,000 (52 sales) | 5.1% |
| MK16 Milton Keynes | £285,000 (61 sales) | 5.0% |
| MK5 Milton Keynes | £290,000 (11 sales) | 4.9% |
| MK18 Buckinghamshire | £290,000 (98 sales) | 4.9% |
| MK4 Milton Keynes | £295,000 (59 sales) | 4.8% |
| MK3 Buckinghamshire | £297,500 (58 sales) | 4.8% |
| MK8 Milton Keynes | £300,500 (32 sales) | 4.8% |
| MK12 Milton Keynes | £305,000 (57 sales) | 4.7% |
| MK11 Milton Keynes | £317,500 (32 sales) | 4.5% |
| LU7 Buckinghamshire | £318,000 (242 sales) | 4.5% |
| MK10 Milton Keynes | £323,000 (28 sales) | 4.4% |
| MK46 Milton Keynes | £330,000 (27 sales) | 4.3% |
| MK19 Buckinghamshire | £342,500 (34 sales) | 4.2% |
| MK17 Buckinghamshire | £360,000 (43 sales) | 4.0% |
4-bed LHA yield against a semi
| District | Median semi sale | Gross LHA yield |
|---|---|---|
| MK13 Milton Keynes | £275,000 (39 sales) | 6.5% |
| MK7 Milton Keynes | £297,500 (30 sales) | 6.0% |
| MK6 Milton Keynes | £298,750 (22 sales) | 6.0% |
| MK14 Milton Keynes | £311,000 (37 sales) | 5.8% |
| MK8 Milton Keynes | £320,000 (47 sales) | 5.6% |
| MK15 Milton Keynes | £321,250 (20 sales) | 5.6% |
| MK4 Milton Keynes | £325,000 (44 sales) | 5.5% |
| MK19 Buckinghamshire | £332,000 (43 sales) | 5.4% |
| MK2 Buckinghamshire | £338,000 (37 sales) | 5.3% |
| MK16 Milton Keynes | £345,000 (60 sales) | 5.2% |
| MK3 Buckinghamshire | £345,000 (109 sales) | 5.2% |
| MK46 Milton Keynes | £348,500 (38 sales) | 5.1% |
| MK5 Milton Keynes | £352,500 (34 sales) | 5.1% |
| MK18 Buckinghamshire | £356,000 (84 sales) | 5.0% |
| MK11 Milton Keynes | £356,500 (40 sales) | 5.0% |
| MK12 Milton Keynes | £370,000 (20 sales) | 4.8% |
| LU7 Buckinghamshire | £375,000 (243 sales) | 4.8% |
| MK10 Milton Keynes | £377,750 (46 sales) | 4.7% |
| MK17 Buckinghamshire | £405,000 (108 sales) | 4.4% |
What the yield figure is
Local Housing Allowance is the most housing benefit will pay towards rent in an area, set by the Valuation Office Agency for each Broad Rental Market Area and bedroom count. It is a floor for rent, not a forecast: a tenant on benefits can pay it, and market rents usually sit above it. The yield here is the 3-bedroom LHA rate for the year, divided by the median price paid for a terraced house in the district over the last 12 months (HM Land Registry). Gross, before costs, before voids, before finance. It is a screening number for comparing areas, not an appraisal of any house.
April 2026 to March 2027 (the same figures as April 2024, per the 2026 Modification Order).
Sources: VOA Local Housing Allowance rates, VOA BRMA boundaries, HM Land Registry Price Paid Data. Districts are assigned to an area by their centre point; a district straddling two areas is shown in one.