Total monthly cost of ownership
Cost to Own a Home in Aliso Viejo, California
A $864,000 home here costs
$6,162per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,442. The real number is $1,721 higher every month — 39% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Aliso Viejo against Orange County and California
| Measure | Aliso Viejo | Orange County |
|---|---|---|
| Median home value | $863,800 | $915,500 |
| Median property tax | $5,994 | $6,096 |
| Effective tax rate | 0.694% | 0.666% |
| Median gross rent | $2,774 | $2,352 |
| Population | 51,320 | 3,164,063 |
The weather behind that power bill
Aliso Viejo sits in Orange County, which averages a high of 87.3°F in its hottest month and a low of 42.8°F in its coldest, with 14.12" of precipitation a year and 62% of it in a single three-month stretch. That climate drives 1,246 cooling and 1,287 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Orange County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orange County
Full Orange County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Aliso Viejo?
A $864,000 home in Aliso Viejo, California costs approximately $6,162 per month with 20% down at 6.66%. That is $4,442 principal and interest, $500 property tax, $134 homeowners insurance, $367 utilities and $720 set aside for maintenance.
What is the property tax rate in Aliso Viejo?
Aliso Viejo has an effective property tax rate of 0.694%, based on a median home value of $863,800 and median real estate taxes of $5,994. That is higher than the Orange County average of 0.666%.
What is the average home price in Aliso Viejo?
The median owner-occupied home value in Aliso Viejo, California is $863,800, against $915,500 across Orange County.
Is it cheaper to rent or buy in Aliso Viejo?
Median gross rent in Aliso Viejo is $2,774 a month, against $6,162 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Aliso Viejo — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.