Rent vs buy calculator · England
Rent vs buy in Rugby: is it cheaper to rent or buy?
Buying leaves you £51,450 better off after 7 years. Owning a 2-bed terraced house costs about £1,523 a month, against £1,117 to rent the same size home.
- After 7 years
- Buy +£51,450
- Difference in net wealth
- Monthly cost to own
- £1,523
- Mortgage £1,135, of which £343 is capital
- Monthly cost to rent
- £1,117
- Rent £933 plus council tax
- Median price
- £220,000
- terraced house
- Cash needed to buy
- £22,000
- £22,000 deposit + £0 SDLT
- Price-to-rent ratio
- 19.6
- Price divided by a year of rent
Renting vs buying in Rugby by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £135,000 | £755 | +£75 | Buy £53,070 |
| 2 bed | £220,000 | £933 | +£406 | Buy £51,450 |
| 3 bed | £280,000 | £1,123 | +£575 | Buy £59,036 |
| 4+ bed | £440,000 | £1,656 | +£1,001 | Buy £71,705 |
Average rent and house prices in Rugby
The ONS average private rent in Rugby is £1,049 a month (Aug 2026, provisional), up 5.4% on a year earlier. The median price paid is £292,500 (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 £2,207 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Rugby: FAQs
Is it cheaper to rent or buy in Rugby?
For a 2-bed home in Rugby, owning costs about £1,523 a month and renting about £1,117, both including council tax. Buying leaves you £51,450 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 Rugby?
The ONS average private rent in Rugby is £1,049 a month across all home sizes (Aug 2026, provisional), with £755 for 1 bed, £933 for 2 bed, £1,123 for 3 bed, £1,656 for 4 or more bed. Rents rose 5.4% over the past year.
What is the average house price in Rugby?
The median price paid in Rugby is £292,500 (ONS median price paid, year ending Mar 2026). The calculator uses £220,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Rugby?
A first-time buyer paying £220,000 would pay £0 in SDLT. With a 10% deposit of £22,000, the cash needed on day one is about £22,000.
What is the price-to-rent ratio in Rugby?
About 19.6: the 2-bed price is 19.6 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Rugby?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £71,705 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.