Rent vs buy calculator · England
Rent vs buy in Dudley: is it cheaper to rent or buy?
Buying leaves you £18,683 better off after 7 years. Owning a 2-bed terraced house costs about £1,420 a month, against £941 to rent the same size home.
- After 7 years
- Buy +£18,683
- Difference in net wealth
- Monthly cost to own
- £1,420
- Mortgage £1,067, of which £322 is capital
- Monthly cost to rent
- £941
- Rent £782 plus council tax
- Median price
- £207,000
- terraced house
- Cash needed to buy
- £20,700
- £20,700 deposit + £0 SDLT
- Price-to-rent ratio
- 22.1
- Price divided by a year of rent
Renting vs buying in Dudley by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £130,000 | £611 | +£189 | Buy £25,025 |
| 2 bed | £207,000 | £782 | +£479 | Buy £18,683 |
| 3 bed | £240,000 | £942 | +£517 | Buy £26,669 |
| 4+ bed | £350,000 | £1,249 | +£868 | Buy £22,758 |
Average rent and house prices in Dudley
The ONS average private rent in Dudley is £858 a month (Aug 2026, provisional), up 3.4% on a year earlier. The median price paid is £240,000 (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 £1,907 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Dudley: FAQs
Is it cheaper to rent or buy in Dudley?
For a 2-bed home in Dudley, owning costs about £1,420 a month and renting about £941, both including council tax. Buying leaves you £18,683 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 Dudley?
The ONS average private rent in Dudley is £858 a month across all home sizes (Aug 2026, provisional), with £611 for 1 bed, £782 for 2 bed, £942 for 3 bed, £1,249 for 4 or more bed. Rents rose 3.4% over the past year.
What is the average house price in Dudley?
The median price paid in Dudley is £240,000 (ONS median price paid, year ending Mar 2026). The calculator uses £207,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Dudley?
A first-time buyer paying £207,000 would pay £0 in SDLT. With a 10% deposit of £20,700, the cash needed on day one is about £20,700.
What is the price-to-rent ratio in Dudley?
About 22.1: the 2-bed price is 22.1 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Dudley?
On the default assumptions, a 3-bed home gives buying its strongest position: buying ahead by £26,669 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.