Housing in MK5 6LY
What the homes in MK5 6LY are, who owns them, how many people share them and what they rent for.
- Neighbourhood
- Fairfields & Grange Farm
- Council
- Milton Keynes
- Region
- South East
- Neighbourhood population
- 1,478 (2024)
MK5 6LYMilton Keynes
What homes look like here
The most common homes here are purpose-built flats (38.3%). Flats make up 39.4%, well above the 22.2% across England.
Owning vs renting
40.2% of households in the MK5 6LY area own their home, well below the England average of 61.3%. Private renting makes up 28.8% of households, well above the England figure of 20.5%. 5.7% own outright and 34.5% with a mortgage.
- Owned40.2%61.3%
- Shared ownership16%1%
- Private rented28.8%20.5%
- Social rented15%17.1%
- Lives rent free0%0.1%
By mortgage and landlord type
How many people live in each home
The average home here has 2.7 people living in it. 24.1% of households are one person living alone, against 30.1% across England.
Who lives together
The most common household is a couple with dependent children (27.9%). 39.8% of households include dependent children.
Private rents in Milton Keynes
Average monthly rent for a new or renewed tenancy in Milton Keynes (August 2026, +3.9% on a year earlier). ONS publishes rent figures at council level rather than by neighbourhood.
Census figures aren’t published for single postcodes, so the neighbourhood figures on this tab cover the area around MK5 6LY (Fairfields & Grange Farm) (about 1,478 residents).
Source: Census 2021, Office for National Statistics. Population: ONS mid-year estimates. Open Government Licence v3.0. Rents: ONS Price Index of Private Rents.