Total monthly cost of ownership
Cost to Own a Home in Apple Mountain Lake, Virginia
A $371,000 home here costs
$2,694per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,907. The real number is $787 higher every month — 41% 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.
Apple Mountain Lake against Warren County and Virginia
| Measure | Apple Mountain Lake | Warren County |
|---|---|---|
| Median home value | $370,600 | $315,800 |
| Median property tax | $1,916 | $1,850 |
| Effective tax rate | 0.517% | 0.586% |
| Median gross rent | $1,675 | $1,199 |
| Population | 1,801 | 41,104 |
The weather behind that power bill
Apple Mountain Lake sits in Warren County, which averages a high of 86.7°F in its hottest month and a low of 24.1°F in its coldest, with 43.37" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,013 cooling and 4,740 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Warren County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Full Warren County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Apple Mountain Lake?
A $371,000 home in Apple Mountain Lake, Virginia costs approximately $2,694 per month with 20% down at 6.66%. That is $1,907 principal and interest, $160 property tax, $91 homeowners insurance, $226 utilities and $309 set aside for maintenance.
What is the property tax rate in Apple Mountain Lake?
Apple Mountain Lake has an effective property tax rate of 0.517%, based on a median home value of $370,600 and median real estate taxes of $1,916. That is lower than the Warren County average of 0.586%.
What is the average home price in Apple Mountain Lake?
The median owner-occupied home value in Apple Mountain Lake, Virginia is $370,600, against $315,800 across Warren County.
Is it cheaper to rent or buy in Apple Mountain Lake?
Median gross rent in Apple Mountain Lake is $1,675 a month, against $2,694 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 Apple Mountain Lake — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.