Total monthly cost of ownership
Cost to Own a Home in Ashland City, Tennessee
A $260,000 home here costs
$1,965per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,337. The real number is $628 higher every month — 47% 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.
Ashland City against Cheatham County and Tennessee
| Measure | Ashland City | Cheatham County |
|---|---|---|
| Median home value | $259,900 | $291,400 |
| Median property tax | $1,249 | $1,479 |
| Effective tax rate | 0.481% | 0.508% |
| Median gross rent | $1,333 | $1,274 |
| Population | 5,318 | 41,500 |
The weather behind that power bill
Ashland City sits in Cheatham County, which averages a high of 87.6°F in its hottest month and a low of 26.8°F in its coldest, with 52.04" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,328 cooling and 4,037 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Cheatham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cheatham County
Full Cheatham County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Ashland City?
A $260,000 home in Ashland City, Tennessee costs approximately $1,965 per month with 20% down at 6.66%. That is $1,337 principal and interest, $104 property tax, $109 homeowners insurance, $198 utilities and $217 set aside for maintenance.
What is the property tax rate in Ashland City?
Ashland City has an effective property tax rate of 0.481%, based on a median home value of $259,900 and median real estate taxes of $1,249. That is lower than the Cheatham County average of 0.508%.
What is the average home price in Ashland City?
The median owner-occupied home value in Ashland City, Tennessee is $259,900, against $291,400 across Cheatham County.
Is it cheaper to rent or buy in Ashland City?
Median gross rent in Ashland City is $1,333 a month, against $1,965 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 Ashland City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.