Buy or rent / York
Buy or rent in York?
A typical home in York costs around £325,000, and renting one costs around £1,300 a month. That's 20.8 years of rent to buy outright. A first-time buyer with a 15% deposit would need £52,150 in cash, including £1,250 of Stamp Duty. Over 10 years, with the calculator's starting assumptions, buying comes out £15,926 ahead.
These local figures are rough starting points, last updated 16 October 2026. Change them to match the homes you're actually looking at.
£
%
£48,750
£/month
After 10 years
Buying leaves you £15,926 better off
Buying gets ahead of renting in year 4, after selling costs. Renting here assumes you invest whatever buying would have cost you extra.
- Cash needed to buy
- £52,150Deposit £48,750, Stamp Duty £1,250, fees £2,150
- First month's costs
- £2,361 vs £1,480Buying (mortgage £1,780 plus running costs) vs renting
| Scenario | Better off after 10 yrs | Buying ahead from |
|---|---|---|
| Your assumptions | Buying by £15,926 | Year 4 |
| Mortgage rates 1.5 points higher | Renting by £36,451 | Not within the period |
| House prices don't grow | Renting by £107,941 | Not within the period |
| Rent rises 2.5 points faster | Buying by £43,336 | Year 3 |
| Investments return 2 points less | Buying by £44,579 | Year 3 |