Cost to Own
United StatesIowaCass CountyAnita Population 1,060 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Anita, Iowa

A $115,000 home here costs

$1,042

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $591. The real number is $450 higher every month — 76% more than the payment most buyers budget for.

Anita median: $114,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $92,000 borrowed $591
Property tax1.141% effective rate for Anita itself $109
Homeowners insuranceIowa averages $1,043/yr (NAIC), or 0.522% of home value $50
Electricity14.14¢/kWh — Iowa residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $96
Total monthly $1,042

Anita against Cass County and Iowa

MeasureAnitaCass County
Median home value$114,500$133,300
Median property tax$1,306$1,904
Effective tax rate1.141%1.428%
Median gross rent$717$769
Population1,06013,115

The weather behind that power bill

Anita sits in Cass County, which averages a high of 86.1°F in its hottest month and a low of 9.9°F in its coldest, with 37.14" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 940 cooling and 6,638 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Cass County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Cass County

Full Cass County cost breakdown · Every county in Iowa

Common questions

How much does it cost to own a home in Anita?

A $115,000 home in Anita, Iowa costs approximately $1,042 per month with 20% down at 6.66%. That is $591 principal and interest, $109 property tax, $50 homeowners insurance, $195 utilities and $96 set aside for maintenance.

What is the property tax rate in Anita?

Anita has an effective property tax rate of 1.141%, based on a median home value of $114,500 and median real estate taxes of $1,306. That is lower than the Cass County average of 1.428%.

What is the average home price in Anita?

The median owner-occupied home value in Anita, Iowa is $114,500, against $133,300 across Cass County.

Is it cheaper to rent or buy in Anita?

Median gross rent in Anita is $717 a month, against $1,042 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 Anita — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Iowa.
  • 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.

Full methodology