Rent vs buy calculator · England
Rent vs buy in Derby: is it cheaper to rent or buy?
Buying leaves you £30,889 better off after 7 years. Owning a 2-bed terraced house costs about £1,174 a month, against £949 to rent the same size home.
- After 7 years
- Buy +£30,889
- Difference in net wealth
- Monthly cost to own
- £1,174
- Mortgage £846, of which £255 is capital
- Monthly cost to rent
- £949
- Rent £778 plus council tax
- Median price
- £164,000
- terraced house
- Cash needed to buy
- £16,400
- £16,400 deposit + £0 SDLT
- Price-to-rent ratio
- 17.6
- Price divided by a year of rent
Renting vs buying in Derby by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £115,000 | £608 | +£102 | Buy £28,343 |
| 2 bed | £164,000 | £778 | +£225 | Buy £30,889 |
| 3 bed | £214,000 | £937 | +£366 | Buy £31,871 |
| 4+ bed | £320,000 | £1,302 | +£636 | Buy £37,118 |
Average rent and house prices in Derby
The ONS average private rent in Derby is £860 a month (Aug 2026, provisional), up 3.1% on a year earlier. The median price paid is £215,000 (ONS median price paid, year ending Mar 2026).
Default scenario: 2-bed home, 7 years stay, 10% deposit, 4.80% fixed mortgage, monthly difference invested in a S&S ISA at 7.5%. Council tax is £2,050 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Derby: FAQs
Is it cheaper to rent or buy in Derby?
For a 2-bed home in Derby, owning costs about £1,174 a month and renting about £949, both including council tax. Buying leaves you £30,889 better off after 7 years. This assumes a 2-bed home, 7 years stay, 10% deposit, 4.80% fixed mortgage, monthly difference invested in a S&S ISA at 7.5%.
What is the average rent in Derby?
The ONS average private rent in Derby is £860 a month across all home sizes (Aug 2026, provisional), with £608 for 1 bed, £778 for 2 bed, £937 for 3 bed, £1,302 for 4 or more bed. Rents rose 3.1% over the past year.
What is the average house price in Derby?
The median price paid in Derby is £215,000 (ONS median price paid, year ending Mar 2026). The calculator uses £164,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Derby?
A first-time buyer paying £164,000 would pay £0 in SDLT. With a 10% deposit of £16,400, the cash needed on day one is about £16,400.
What is the price-to-rent ratio in Derby?
About 17.6: the 2-bed price is 17.6 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Derby?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £37,118 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.