Rent vs buy calculator · England
Rent vs buy in Mansfield: is it cheaper to rent or buy?
Buying leaves you £44,008 better off after 7 years. Owning a 2-bed terraced house costs about £961 a month, against £900 to rent the same size home.
- After 7 years
- Buy +£44,008
- Difference in net wealth
- Monthly cost to own
- £961
- Mortgage £644, of which £194 is capital
- Monthly cost to rent
- £900
- Rent £707 plus council tax
- Median price
- £124,872
- terraced house
- Cash needed to buy
- £12,487
- £12,487 deposit + £0 SDLT
- Price-to-rent ratio
- 14.7
- Price divided by a year of rent
Renting vs buying in Mansfield by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £105,000 | £551 | +£99 | Buy £31,345 |
| 2 bed | £124,872 | £707 | +£62 | Buy £44,008 |
| 3 bed | £180,000 | £846 | +£253 | Buy £43,485 |
| 4+ bed | £280,000 | £1,156 | +£542 | Buy £50,669 |
Average rent and house prices in Mansfield
The ONS average private rent in Mansfield is £790 a month (Aug 2026, provisional), up 4.4% on a year earlier. The median price paid is £190,000 (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 £2,311 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Mansfield: FAQs
Is it cheaper to rent or buy in Mansfield?
For a 2-bed home in Mansfield, owning costs about £961 a month and renting about £900, both including council tax. Buying leaves you £44,008 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 Mansfield?
The ONS average private rent in Mansfield is £790 a month across all home sizes (Aug 2026, provisional), with £551 for 1 bed, £707 for 2 bed, £846 for 3 bed, £1,156 for 4 or more bed. Rents rose 4.4% over the past year.
What is the average house price in Mansfield?
The median price paid in Mansfield is £190,000 (ONS median price paid, year ending Mar 2026). The calculator uses £124,872 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Mansfield?
A first-time buyer paying £124,872 would pay £0 in SDLT. With a 10% deposit of £12,487, the cash needed on day one is about £12,487.
What is the price-to-rent ratio in Mansfield?
About 14.7: the 2-bed price is 14.7 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Mansfield?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £50,669 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.