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New Town

Edinburgh’s New Town is a UNESCO-listed Georgian grid of crescents, squares and townhouses just north of Princes Street. It is a centrally located, walkable place to live with some of the city’s most distinguished homes.

  • Upscale
  • Quiet
  • Business district
Indicative figures
Median sale
$708.9K
Median rent
$2,911/mo
Price per area
$811/sq ft
Year on year
Up +3.2%vs last year
Days on market
29days
Walk / transit
96 / 82/100
Overview

About New Town

Wide streets, honey-coloured sandstone terraces and communal gardens define the New Town, with Stockbridge’s village-like shops and the Water of Leith a short walk north. Flats in converted townhouses dominate, many with high ceilings and original cornicing.

Most residents walk to work in the centre, and Haymarket and Waverley stations put Glasgow and London within easy reach. The tram runs along Princes Street to the airport.

In 2026 the median sale price is about £560K, roughly £6,900 per square metre, and a typical 2-bedroom rental costs about £2,300 a month. Prices are up 3.2% on a year ago and homes take around 29 days to sell, which points to strong demand.

Listed building status limits alterations, including windows, and shared repair costs on tenements and townhouses can be significant. Some streets near George Street get busy at weekends.

Red-brick apartment building with rounded bay windows and white balconies
Open-plan living room with dark sofas, wooden floor and garden doors beside kitchen

Walk score96 / 100

Market

Prices and rents

  • Typical sale price

    $708.9K
  • Typical rent

    $2,911/mo

New Town is growing steadily rather than sharply. Well-priced homes still sell within weeks, but there is room to negotiate on listings that have sat for longer than the local median.

Indicative figures from our listings and transactions.

Colourful shopfronts on curved Victoria Street in Edinburgh's Old Town
Princes Street and the Balmoral clock tower in central Edinburgh
Demand
High
Gross yield
4.9%
Homes listed
1
Gallery

New Town in pictures

Map

On the map

1 current listing in New Town. Hover or tap a price for details.

  • PriceListing
  • Area centre
View all on the map
Listings

Homes in New Town

  • Short-term
    $234/night
    Verified listing: ownership and documents checked by Halvenor

    Georgian flat in the New Town

    New Town, Edinburgh

    2
    1
    1,050

    By ·Tom Whitaker

    2 months ago
Agents

Agents who know New Town

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