Why Rent in London When You Could Own a New Home in Stevenage at Nexus?

Introducing Nexus in Stevenage, a brand-new collection of 1, 2 and 3-bedroom apartments in Hertfordshire, designed to a high specification and ideally located close to Stevenage Old Town. Residents can enjoy easy access to four retail parks, plus a fantastic choice of dining, shopping and leisure facilities.

Best of all, Nexus offers fast trains to London King’s Cross in around 25 minutes, with Stevenage station just a 7-minute walk away. If you’re searching for new homes near London with great transport links, Nexus could be your smarter move.

The Reality of Renting in London in 2026

According to the latest Office for National Statistics (ONS) data, rental prices across London boroughs within around a 30-minute commute of King’s Cross remain high.

Average Monthly Rent in London (Feb 2026)

• Islington: £2,067 (1-bed) | £2,564 (2-bed)
• Camden: £1,907 | £2,434
• Hackney: £1,947 | £2,420
• Tower Hamlets: £1,942 | £2,356
• Westminster: £2,493 | £3,238
• Lambeth: £1,878 | £2,338
• Wandsworth: £1,911 | £2,429
• Southwark: £1,809 | £2,265

Even at the lower end of the market, renting a one-bedroom apartment in London often costs £1,800+ per month. After 12 months, that money is gone with no equity built.

Why Stevenage is a Smarter Alternative to London Renting

Now compare that with Stevenage property prices and rental costs, while still enjoying an easy commute into Central London.

Average Monthly Rent in Stevenage

• 1-bedroom home: £1,007 pcm
• 2-bedroom home: £1,295 pcm

Stevenage gives buyers and renters more space, better value and access to London without paying London prices.

Renting vs Buying at Nexus, Stevenage

At Nexus in Stevenage, owning a home may be more achievable than you think.

Based on recent mortgage figures from independent financial advisers, estimated monthly mortgage repayments are:

• 1-bedroom apartment: £1,275.49 pcm
• 2-bedroom apartment: £1,562.76 pcm

Yes, buying costs slightly more than renting locally:

• Around £268 extra per month for a 1-bed
• Around £267 extra per month for a 2-bed

But unlike rent, your monthly mortgage payments help you build equity in your own property.

Save Compared with Renting in London

When comparing Nexus with London rental prices, the numbers become even more compelling.

Buy a 1-Bed Apartment at Nexus

From £277,500, you could own a home for around £1,275 pcm
vs paying £1,800 – £2,400+ pcm rent in London

Buy a 2-Bed Apartment at Nexus

From £355,000, estimated repayments of around £1,562 pcm
vs paying £2,300 – £3,200+ pcm rent in London

That’s a potential saving of £500 to £1,500+ every month, while building equity and still enjoying excellent access to London for work or leisure.

Deposit Support Available at Nexus Stevenage

One of the biggest barriers to buying is often saving a deposit. That’s why Nexus offers support to help buyers get moving sooner.

With a 5% deposit contribution, you could buy with:

• £13,875 deposit for a 1-bedroom apartment
• £16,750 deposit for a 2-bedroom apartment

This could help first-time buyers step onto the property ladder sooner than expected.

Terms and conditions apply. Speak to a Sales Consultant for full details.

More Than Just Numbers: The Lifestyle Benefits of Buying

Buying at Nexus isn’t only a financial decision, it’s a lifestyle upgrade.

When you own your own home, you can enjoy:

• No unexpected rent increases
• Freedom to personalise your home
• Long-term security
• A place to truly call your own
• Excellent commuter links to London
• Access to shops, restaurants and leisure nearby

If you’re tired of paying high London rent with nothing to show for it, Nexus offers a genuine alternative.

Discover New Build Apartments in Stevenage Today

If you’re looking for new homes in Stevenage, commuter apartments near London, or a smarter alternative to renting, Nexus could be the perfect next step.

Visit Nexus, Stevenage today and discover how affordable owning your own home could be.