Rent vs buy calculator · Wales
Rent vs buy in Neath Port Talbot: is it cheaper to rent or buy?
Buying leaves you £43,929 better off after 7 years. Owning a 2-bed terraced house costs about £1,018 a month, against £822 to rent the same size home.
- After 7 years
- Buy +£43,929
- Difference in net wealth
- Monthly cost to own
- £1,018
- Mortgage £696, of which £210 is capital
- Monthly cost to rent
- £822
- Rent £634 plus council tax
- Median price
- £134,975
- terraced house
- Cash needed to buy
- £13,498
- £13,498 deposit + £0 LTT
- Price-to-rent ratio
- 17.7
- Price divided by a year of rent
Renting vs buying in Neath Port Talbot by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £91,000 | £499 | +£67 | Buy £37,837 |
| 2 bed | £134,975 | £634 | +£195 | Buy £43,929 |
| 3 bed | £172,000 | £727 | +£324 | Buy £46,458 |
| 4+ bed | £270,000 | £976 | +£662 | Buy £50,502 |
Average rent and house prices in Neath Port Talbot
The ONS average private rent in Neath Port Talbot is £690 a month (Aug 2026, provisional), up 6.3% on a year earlier. The median price paid is £166,500 (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 £2,259 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Neath Port Talbot: FAQs
Is it cheaper to rent or buy in Neath Port Talbot?
For a 2-bed home in Neath Port Talbot, owning costs about £1,018 a month and renting about £822, both including council tax. Buying leaves you £43,929 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 Neath Port Talbot?
The ONS average private rent in Neath Port Talbot is £690 a month across all home sizes (Aug 2026, provisional), with £499 for 1 bed, £634 for 2 bed, £727 for 3 bed, £976 for 4 or more bed. Rents rose 6.3% over the past year.
What is the average house price in Neath Port Talbot?
The median price paid in Neath Port Talbot is £166,500 (ONS median price paid, year ending Mar 2026). The calculator uses £134,975 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Neath Port Talbot?
A first-time buyer paying £134,975 would pay £0 in LTT. With a 10% deposit of £13,498, the cash needed on day one is about £13,498.
What is the price-to-rent ratio in Neath Port Talbot?
About 17.7: the 2-bed price is 17.7 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Neath Port Talbot?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £50,502 after 7 years.
Areas with a similar price-to-rent ratio
Compare with the Wales average or browse every local authority.