Housing on the Isle of Man
The IoM housing market has unique rules you won't find anywhere else — particularly the Housing Control system.
Housing Control — READ THIS FIRST
Unique to IoM: Properties on the Isle of Man are classified as either "open market" (anyone can buy/rent) or "restricted/local" (only qualifying residents). New arrivals are limited to open market properties until they gain residential qualification (typically 5+ years). This significantly affects what you can afford, as local properties are often cheaper.
First-Time Buyer Schemes
- First-Time Buyer Scheme — Government-backed shared equity scheme. You buy 75%, government holds 25%.
- Starter Home Scheme — Purpose-built affordable homes for qualifying first-time buyers
- Contact: Department of Infrastructure, Housing Division: 686180
Public Housing
The Isle of Man Government maintains a public housing stock managed by local authorities. Apply to your local authority (Douglas Corporation, Onchan, Braddan, etc.) or to the Public Sector Housing Division.
Average Property Prices (2025 guide)
| Type | Open Market | Local (Restricted) |
|---|---|---|
| 1-bed flat | £180-250K | £120-170K |
| 3-bed semi | £350-500K | £250-350K |
| 4-bed detached | £500K-1M+ | £350-600K |
Prices are approximate guides only. The IoM property market moves quickly.
Renting
- Average rent: £800-1,200/month for a 2-bed flat in Douglas
- The Rent Act 1944 provides some tenant protections
- No Section 21 (unlike UK) but landlords can seek possession through the courts