Pay vs Place

Leeds vs Stevenage: buying or renting a home

A typical terraced house costs £137,500 (68%) more in Stevenage than in Leeds. Measured against local pay, buying is harder in Stevenage: it takes 8.1× median annual pay, against 5.5× in Leeds.

Leeds, terraced
£202,500
Income typically needed: £40,500
Median full-time pay: £36,716
Stevenage, terraced
£340,000
Income typically needed: £68,000
Median full-time pay: £42,200

At a glance

Leeds Stevenage
Buying a home Fairly affordable Expensive
Renting a home Expensive Very expensive
Recorded crime Above average Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Stevenage (£42,200) is 15% higher than in Leeds (£36,716), while a typical terraced house costs 68% more (£340,000 against £202,500). Set against local pay, Leeds is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.5× annual pay in Leeds and 8.1× in Stevenage. Renting one takes 38% of pay in Leeds and 42% in Stevenage. Both are harder in Stevenage, and the gap is wider for buying.

Across all property types and measured against pay, Leeds is the 114th least expensive of 316 areas to buy in, and Stevenage is around the middle of 316 areas (131st most expensive). For renting against pay, Leeds is the 106th most expensive of 316 areas and Stevenage is the 71st most expensive of 316 areas.

Someone on £40,000 in Leeds would need about £67,000 in Stevenage to be equally placed to buy a terraced house, and about £51,000 to be equally placed to rent one. Keeping the same pay after a move to Stevenage would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 114.6 crimes per 1,000 residents in Leeds and 93.8 in Stevenage, so recorded crime per resident is 18% lower in Stevenage. The biggest difference is in residential burglary: 13.0 per 1,000 in Leeds against 3.9 in Stevenage.

Can a typical earner buy?

Terraced house Leeds Stevenage
Median full-time pay £36,716 £42,200
House price ÷ pay 5.5× 8.1×
Median pay as a share of income typically needed to buy 91% 62%
Rent a year as a share of median pay 38% 42%

Buying, by property type

Type Leeds Stevenage Difference
Semi-detached £262,000 £400,000 +53% in Stevenage
Terraced £202,500 £340,000 +68% in Stevenage
Flat £150,000 £203,000 +35% in Stevenage

Renting, by property type

Type (average rent a month) Leeds Stevenage Difference
Semi-detached £1,226 £1,463 +19% in Stevenage
Terraced £1,157 £1,469 +27% in Stevenage
Flat £905 £1,168 +29% in Stevenage

Crime

Police recorded 114.6 crimes per 1,000 residents in Leeds and 93.8 in Stevenage, so recorded crime per resident is 18% lower in Stevenage.

Police recorded crime per 1,000 residents Leeds Stevenage Difference
All recorded crime (excluding fraud) 114.6 93.8 -18% in Stevenage
Violence against the person 44.9 40.0 -11% in Stevenage
Sexual offences 4.4 4.3 -3% in Stevenage
Robbery 2.2 1.0 -55% in Stevenage
Residential burglary (per 1,000 households) 13.0 3.9 -70% in Stevenage
Vehicle offences 7.0 4.6 -34% in Stevenage
Theft from the person 1.3 0.9 -29% in Stevenage
Criminal damage and arson 8.5 8.1 -4% in Stevenage

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Leeds: 181Stevenage: 202
House prices in Leeds and Stevenage since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Stevenage now 202.5010015020025020052010201520202025House prices in Leeds and Stevenage since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Stevenage now 202.5010015020025020102020
Show the figures
YearLeedsStevenage
2005100100
2006107102
2007114111
2008110109
200998100
2010103104
2011101108
201299108
2013100111
2014106124
2015111138
2016119161
2017125171
2018130173
2019134173
2020139171
2021151183
2022165201
2023168202
2024171196
2025177197
12 months to July 2026181202

In 2005 the average home cost £135,425 in Leeds and £157,252 in Stevenage. Now it is £244,464 and £316,957: Leeds is up 81% and Stevenage is up 102%. Prices have risen faster in Stevenage, so the gap between the two has widened.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Leeds: 6.5 years of payStevenage: 7.3 years of pay
Years of median pay needed to buy the average home in Leeds and StevenageLeeds now 6.5, Stevenage now 7.3 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Leeds and StevenageLeeds now 6.5, Stevenage now 7.3 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearLeedsStevenage
20056.1 years of pay7.1 years of pay
20105.7 years of pay6.2 years of pay
20155.7 years of pay7.6 years of pay
20206.2 years of pay8.0 years of pay
20256.5 years of pay7.3 years of pay

In 2005 a home cost 6.1 years of pay in Leeds and 7.1 years in Stevenage. In 2025 it was 6.5 years and 7.3 years.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Leeds: 151Stevenage: 171
Rents in Leeds and Stevenage since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Stevenage now 171.80100120140160180201620182020202220242026Rents in Leeds and Stevenage since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Stevenage now 171.80100120140160180201520202025
Show the figures
YearLeedsStevenage
2015100100
201698108
2017102116
2018104116
2019107119
2020112120
2021114124
2022125129
2023136137
2024145151
2025146162
August 2026151171

In 2015 the average rent was £758 a month in Leeds and £844 in Stevenage. Now it is £1,145 and £1,440: up 51% in Leeds and up 71% in Stevenage. Rents have risen faster in Stevenage.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Leeds to Stevenage

Earning in Leeds Equivalent to buy in Stevenage Equivalent to rent in Stevenage
£30,000 £50,500 £38,000
£40,000 £67,000 £51,000
£50,000 £84,000 £63,500
£60,000 £100,500 £76,000

Moving from Stevenage to Leeds

Earning in Stevenage Equivalent to buy in Leeds Equivalent to rent in Leeds
£30,000 £18,000 £23,500
£40,000 £24,000 £31,500
£50,000 £30,000 £39,500
£60,000 £35,500 £47,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Leeds figures · All Stevenage figures