Total monthly cost of ownership
Cost to Own a Home in Asotin, Washington
A $275,000 home here costs
$2,230per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $95,500 a year.
A standard mortgage calculator would have told you $1,499. The real number is $730 higher every month, 49% more than the payment most buyers budget for.
Compare Asotin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Asotin from a five-year rolling sample, and with about 1,039 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 Asotin 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.
Asotin against Asotin County and Washington
| Measure | Asotin | Asotin County |
|---|---|---|
| Median home value | $275,400 | $286,200 |
| Median property tax | $3,034 | $2,289 |
| Effective tax rate | 1.102% | 0.800% |
| Median gross rent | $1,011 | $994 |
| Population | 1,039 | 22,424 |
The weather behind that power bill
Asotin sits in Asotin County, which averages a high of 90.8°F in its hottest month and a low of 29.5°F in its coldest, with 12.87" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 913 cooling and 4,980 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Asotin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Asotin County
Full Asotin County cost breakdown · Every county in Washington
Talk to someone who works this market
These are Asotin 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 Asotin every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Asotin I already own here and may sell
Common questions
How much does it cost to own a home in Asotin?
A $275,000 home in Asotin, Washington costs approximately $2,230 per month with 20% down at 7.24%. That is $1,499 principal and interest, $253 property tax, $41 homeowners insurance, $208 utilities and $229 set aside for maintenance.
What is the property tax rate in Asotin?
Asotin has an effective property tax rate of 1.102%, based on a median home value of $275,400 and median real estate taxes of $3,034. That is higher than the Asotin County average of 0.800%.
What is the average home price in Asotin?
The median owner-occupied home value in Asotin, Washington is $275,400, against $286,200 across Asotin County.
Is it cheaper to rent or buy in Asotin?
Median gross rent in Asotin is $1,011 a month, against $2,230 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 Asotin?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Asotin, Washington at today's rate takes a household income of roughly $95,500 a year. That covers the full $2,230 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Asotin, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Washington.
- 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.