Rent vs buy calculator · Wales
Rent vs buy in Newport: is it cheaper to rent or buy?
Buying leaves you £30,900 better off after 7 years. Owning a 2-bed terraced house costs about £1,278 a month, against £1,018 to rent the same size home.
- After 7 years
- Buy +£30,900
- Difference in net wealth
- Monthly cost to own
- £1,278
- Mortgage £949, of which £286 is capital
- Monthly cost to rent
- £1,018
- Rent £863 plus council tax
- Median price
- £184,000
- terraced house
- Cash needed to buy
- £18,400
- £18,400 deposit + £0 LTT
- Price-to-rent ratio
- 17.8
- Price divided by a year of rent
Renting vs buying in Newport by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £130,000 | £697 | +£103 | Buy £31,400 |
| 2 bed | £184,000 | £863 | +£260 | Buy £30,900 |
| 3 bed | £250,000 | £965 | +£553 | Buy £16,873 |
| 4+ bed | £387,500 | £1,362 | +£980 | Close £2,051 |
Average rent and house prices in Newport
The ONS average private rent in Newport is £959 a month (Aug 2026, provisional), up 2.7% on a year earlier. The median price paid is £238,000 (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 £1,856 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Newport: FAQs
Is it cheaper to rent or buy in Newport?
For a 2-bed home in Newport, owning costs about £1,278 a month and renting about £1,018, both including council tax. Buying leaves you £30,900 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 Newport?
The ONS average private rent in Newport is £959 a month across all home sizes (Aug 2026, provisional), with £697 for 1 bed, £863 for 2 bed, £965 for 3 bed, £1,362 for 4 or more bed. Rents rose 2.7% over the past year.
What is the average house price in Newport?
The median price paid in Newport is £238,000 (ONS median price paid, year ending Mar 2026). The calculator uses £184,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Newport?
A first-time buyer paying £184,000 would pay £0 in LTT. With a 10% deposit of £18,400, the cash needed on day one is about £18,400.
What is the price-to-rent ratio in Newport?
About 17.8: the 2-bed price is 17.8 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Newport?
On the default assumptions, a 1-bed home gives buying its strongest position: buying ahead by £31,400 after 7 years.
Areas with a similar price-to-rent ratio
Compare with the Wales average or browse every local authority.