Total monthly cost of ownership
Cost to Own a Home in Bayshore Gardens, Florida
A $161,000 home here costs
$1,442per 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 $62,000 a year.
A standard mortgage calculator would have told you $878. The real number is $564 higher every month, 64% more than the payment most buyers budget for.
Compare Manatee County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bayshore Gardens against Manatee County and Florida
| Measure | Bayshore Gardens | Manatee County |
|---|---|---|
| Median home value | $160,700 | $359,800 |
| Median property tax | $1,192 | $2,853 |
| Effective tax rate | 0.742% | 0.793% |
| Median gross rent | $1,324 | $1,549 |
| Population | 18,324 | 416,020 |
The weather behind that power bill
Bayshore Gardens sits in Manatee County, which averages a high of 91.5°F in its hottest month and a low of 52.3°F in its coldest, with 49.05" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 3,721 cooling and 394 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Manatee County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Manatee County
Full Manatee County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Bayshore Gardens 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 Bayshore Gardens every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bayshore Gardens I already own here and may sell
Common questions
How much does it cost to own a home in Bayshore Gardens?
A $161,000 home in Bayshore Gardens, Florida costs approximately $1,442 per month with 20% down at 7.24%. That is $878 principal and interest, $100 property tax, $97 homeowners insurance, $233 utilities and $134 set aside for maintenance.
What is the property tax rate in Bayshore Gardens?
Bayshore Gardens has an effective property tax rate of 0.742%, based on a median home value of $160,700 and median real estate taxes of $1,192. That is lower than the Manatee County average of 0.793%.
What is the average home price in Bayshore Gardens?
The median owner-occupied home value in Bayshore Gardens, Florida is $160,700, against $359,800 across Manatee County.
Is it cheaper to rent or buy in Bayshore Gardens?
Median gross rent in Bayshore Gardens is $1,324 a month, against $1,442 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 Bayshore Gardens?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bayshore Gardens, Florida at today's rate takes a household income of roughly $62,000 a year. That covers the full $1,442 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bayshore Gardens, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- 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.