Historic textile district. Converted warehouse apartments, upscale restaurants, cultural venues.



A one-bedroom in Lace Market rents for about £1,060 - £1,250/month — a safe area (safety 4/5), roughly 5 minutes from Nottingham center by walk.
Commute to Center
5 min
walk
Safety Rating
4/5
SafeVibe
Monthly rent in GBP (£). First-hand contracts come straight from the landlord or housing company. Second-hand contracts are sublets, and they usually cost more.
| Apartment Size | First-Hand Rent | Second-Hand Rent |
|---|---|---|
| 1 Bedroom | £850 - £1,000/mo | £1,060 - £1,250/mo |
| 2 Bedrooms | £1,120 - £1,320/mo | £1,400 - £1,650/mo |
| 3 Bedrooms | £1,430 - £1,680/mo | £1,790 - £2,100/mo |
Within AffordWhere's Nottingham dataset, a one-bedroom here averages about £1,155/month — roughly 4% above the city median, and mid-priced of the 5 areas we track. Two-bedrooms run £1,400 - £1,650/month and three-bedrooms £1,790 - £2,100/month on second-hand contracts. At 5 minutes to the center by walk, it sits closer to the center than most Nottingham areas in the set. On safety it rates 4/5, among the lower-rated in the city. Based on its rent, commute, and the cultural, historic, dining tags, it may suit renters weighing rent against commute.
Weighing options? For cheaper rent, see Beeston.
Rent figures reflect official statistics compiled January 2026. See data sources.
OpenStreetMap maps Lace Market as the nearest tram stop, Bellar Gate Rest Garden as nearby green space and Murat Food Centre as the nearest supermarket around the Lace Market reference point. A school and a pharmacy are also mapped within walking distance. It also shows a large number of cafés and restaurants mapped within about 700m of that point.
Amenity data from OpenStreetMap contributors, available under the Open Database License (ODbL). The extracted amenity dataset is published under the same license.
Salary Needed
The salary that comfortably covers life in Nottingham, Lace Market included.
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