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The top 5 cheapest places to live in Wales

2 mins read
by Lisa-Marie Voneshen
Last updated Monday, June 24, 2024

We reveal the top five most affordable areas to buy a property in Wales, which are more than 50% cheaper than average and ideal if you have a tight budget.

Wales is an attractive place to live thanks to its beautiful scenery, unique attractions and low cost of living.

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Average house prices are typically lower than in the UK, while families usually spend less on food, travel and entertainment.

In South and North Wales, the average property price is £258,537 and £235,754 over the last year, respectively.

If you’re looking for affordable property in Wales, Rightmove has revealed the cheapest places to buy based on data from April 2024.

Where are the cheapest areas to buy in Wales?

Rhondda Cynon Taf is the cheapest area to buy a property in Wales as four out of the five places are located in this county borough in the south-east of Wales. 

AreaAverage asking price
Ferndale£107,396
Tonypandy£125,710
Mountain Ash£140,032
Port Talbot£162,488
Porth£164,457

Ferndale

The cheapest place to live in Wales is Ferndale, with an average asking price of £107,396. You can get to Cardiff in an hour and 20 minutes and to Swansea in around two hours.

The town is located in the Rhondda Fach Valley and is surrounded by beautiful hillsides. It is also home to Darran Park, an Edwardian park featuring the lake Llyn y Forwyn (Maiden’s pool).

Tonypandy

Tonypandy is next on the list of the cheapest places to buy in Wales, with an average asking price of £125,710.

It is a small town in Rhondda Fawr Valley with only 3,500 residents. Tonypandy is around an hour by train from Cardiff.

Mountain Ash

The town of Mountain Ash has an average asking price of £140,032.

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It is less than an hour from Cardiff by train and less than 90 minutes from Newport.

Port Talbot

Port Talbot, a town in Wales, has an average asking price of £162,488.

There are a range of shops and restaurants nearby, as well as Aberavon Beach, one of the longest beaches in Wales.

The town is around 20 minutes away from Swansea by public transport.

Porth

Porth is only a 10-minute drive from Tonypandy, with a higher average asking price of £164,457.

The town should benefit from a new transport hub in the future after being awarded £3.5 million from the Levelling Up Fund.

Seek financial advice

Buying a house is a daunting task and one that you shouldn’t do alone.

A mortgage broker can help you find the best deal by looking at your circumstances and future goals.

See also:

The most expensive places to live in Wales

The cheapest places to live in London

The cheapest places to live in Yorkshire

The cheapest places to live in the West Midlands

The cheapest places to live in the South East

The cheapest places to live in the South West

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Author
Lisa-Marie Voneshen
Lisa-Marie Voneshen is a Senior Content Writer at Unbiased. She is an award-winning journalist with nearly a decade of experience writing and editing content across various areas, including personal finance and investing.