Cost to Own
United StatesIndianaNoble CountyAvilla Population 2,637 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Avilla, Indiana

A $175,000 home here costs

$1,456

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

A standard mortgage calculator would have told you $900. The real number is $557 higher every month — 62% more than the payment most buyers budget for.

Avilla median: $174,500
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, $140,000 borrowed $900
Property tax0.720% effective rate for Avilla itself $105
Homeowners insuranceIndiana averages $1,058/yr (NAIC), or 0.512% of home value $75
Electricity18.15¢/kWh — Indiana residential average, EIA $163
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $146
Total monthly $1,456

Avilla against Noble County and Indiana

MeasureAvillaNoble County
Median home value$174,500$183,400
Median property tax$1,256$1,250
Effective tax rate0.720%0.682%
Median gross rent$633$776
Population2,63747,417

The weather behind that power bill

Avilla sits in Noble County, which averages a high of 83.2°F in its hottest month and a low of 18.1°F in its coldest, with 34.59" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 766 cooling and 6,177 heating degree days, which is what sets the $163 electricity line above.

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

Other cities in Noble County

Full Noble County cost breakdown · Every county in Indiana

Common questions

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

A $175,000 home in Avilla, Indiana costs approximately $1,456 per month with 20% down at 6.66%. That is $900 principal and interest, $105 property tax, $75 homeowners insurance, $231 utilities and $146 set aside for maintenance.

What is the property tax rate in Avilla?

Avilla has an effective property tax rate of 0.720%, based on a median home value of $174,500 and median real estate taxes of $1,256. That is higher than the Noble County average of 0.682%.

What is the average home price in Avilla?

The median owner-occupied home value in Avilla, Indiana is $174,500, against $183,400 across Noble County.

Is it cheaper to rent or buy in Avilla?

Median gross rent in Avilla is $633 a month, against $1,456 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 Avilla — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Indiana.
  • 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