Rent vs buy calculator · Scotland
Rent vs buy in Moray: is it cheaper to rent or buy?
Buying leaves you £33,167 better off after 7 years. Owning a 2-bed terraced house costs about £1,103 a month, against £841 to rent the same size home.
- After 7 years
- Buy +£33,167
- Difference in net wealth
- Monthly cost to own
- £1,103
- Mortgage £821, of which £248 is capital
- Monthly cost to rent
- £841
- Rent £713 plus council tax
- Median price
- £159,169
- terraced house
- Cash needed to buy
- £15,917
- £15,917 deposit + £0 LBTT
- Price-to-rent ratio
- 18.6
- Price divided by a year of rent
Renting vs buying in Moray by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £110,429 | £537 | +£145 | Buy £27,404 |
| 2 bed | £159,169 | £713 | +£261 | Buy £33,167 |
| 3 bed | £200,648 | £938 | +£285 | Buy £46,332 |
| 4+ bed | £316,545 | £1,464 | +£453 | Buy £67,904 |
Average rent and house prices in Moray
The ONS average private rent in Moray is £739 a month (Aug 2026, provisional), up 4.3% on a year earlier. The median price paid is £204,008 (UK HPI local authority average, Jul 2026). Rents here are published for the Highland and Islands BRMA Broad Rental Market Area.
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 £1,539 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Moray: FAQs
Is it cheaper to rent or buy in Moray?
For a 2-bed home in Moray, owning costs about £1,103 a month and renting about £841, both including council tax. Buying leaves you £33,167 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 Moray?
The ONS average private rent in Moray is £739 a month across all home sizes (Aug 2026, provisional), with £537 for 1 bed, £713 for 2 bed, £938 for 3 bed, £1,464 for 4 or more bed. Rents rose 4.3% over the past year.
What is the average house price in Moray?
The median price paid in Moray is £204,008 (UK HPI local authority average, Jul 2026). The calculator uses £159,169 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Moray?
A first-time buyer paying £159,169 would pay £0 in LBTT. With a 10% deposit of £15,917, the cash needed on day one is about £15,917.
What is the price-to-rent ratio in Moray?
About 18.6: the 2-bed price is 18.6 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Moray?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £67,904 after 7 years.
Areas with a similar price-to-rent ratio
Compare with the Scotland average or browse every local authority.