Total monthly cost of ownership
Cost to Own a Home in Allendale, California
A $1,002,000 home here costs
$7,100per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $304,500 a year.
A standard mortgage calculator would have told you $5,550. The real number is $1,550 higher every month, 28% more than the payment most buyers budget for.
Compare Solano County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Allendale from a five-year rolling sample, and with about 1,915 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Solano County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Allendale against Solano County and California
| Measure | Allendale | Solano County |
|---|---|---|
| Median home value | $1,001,500 | $589,600 |
| Median property tax | $3,863 | $4,408 |
| Effective tax rate | 0.386% | 0.748% |
| Median gross rent | $3,086 | $2,088 |
| Population | 1,915 | 450,824 |
The weather behind that power bill
Allendale sits in Solano County, which averages a high of 95.0°F in its hottest month and a low of 37.1°F in its coldest, with 24.84" of precipitation a year and 62% of it in a single three-month stretch. That climate drives 1,391 cooling and 2,446 heating degree days, which is what sets the $169 electricity line above.
See the full climate breakdown for Solano County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Solano County
Full Solano County cost breakdown · Every county in California
Talk to someone who works this market
These are Allendale averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Allendale every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Allendale I already own here and may sell
Common questions
How much does it cost to own a home in Allendale?
A $1,002,000 home in Allendale, California costs approximately $7,100 per month with 20% down at 7.4%. That is $5,550 principal and interest, $322 property tax, $155 homeowners insurance, $237 utilities and $835 set aside for maintenance.
What is the property tax rate in Allendale?
Allendale has an effective property tax rate of 0.386%, based on a median home value of $1,001,500 and median real estate taxes of $3,863. That is lower than the Solano County average of 0.748%.
What is the average home price in Allendale?
The median owner-occupied home value in Allendale, California is $1,001,500, against $589,600 across Solano County.
Is it cheaper to rent or buy in Allendale?
Median gross rent in Allendale is $3,086 a month, against $7,100 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Allendale?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Allendale, California at today's rate takes a household income of roughly $304,500 a year. That covers the full $7,100 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Allendale, 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.