Total monthly cost of ownership
Cost to Own a Home in Arrington, Virginia
A $144,000 home here costs
$1,221per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $481 higher every month — 65% 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.
Arrington against Nelson County and Virginia
| Measure | Arrington | Nelson County |
|---|---|---|
| Median home value | $144,300 | $283,000 |
| Median property tax | $1,193 | $1,517 |
| Effective tax rate | 0.827% | 0.536% |
| Median gross rent | — | $950 |
| Population | 1,084 | 14,777 |
The weather behind that power bill
Arrington sits in Nelson County, which averages a high of 87.3°F in its hottest month and a low of 25.5°F in its coldest, with 46.34" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,174 cooling and 4,131 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Nelson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nelson County
Full Nelson County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Arrington?
A $144,000 home in Arrington, Virginia costs approximately $1,221 per month with 20% down at 6.66%. That is $740 principal and interest, $99 property tax, $35 homeowners insurance, $226 utilities and $120 set aside for maintenance.
What is the property tax rate in Arrington?
Arrington has an effective property tax rate of 0.827%, based on a median home value of $144,300 and median real estate taxes of $1,193. That is higher than the Nelson County average of 0.536%.
What is the average home price in Arrington?
The median owner-occupied home value in Arrington, Virginia is $144,300, against $283,000 across Nelson County.
Is it cheaper to rent or buy in Arrington?
Rent data is not published for Arrington at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Arrington — 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.