Total monthly cost of ownership
Cost to Own a Home in Beaver, Oklahoma
A $124,000 home here costs
$1,119per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $482 higher every month — 76% 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.
Beaver against Beaver County and Oklahoma
| Measure | Beaver | Beaver County |
|---|---|---|
| Median home value | $123,500 | $117,900 |
| Median property tax | $836 | $897 |
| Effective tax rate | 0.677% | 0.761% |
| Median gross rent | $767 | $782 |
| Population | 1,625 | 5,041 |
The weather behind that power bill
Beaver sits in Beaver County, which averages a high of 94.2°F in its hottest month and a low of 19.1°F in its coldest, with 21.11" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,600 cooling and 4,674 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Beaver County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaver County
No other places of this size are published in Beaver County.
Full Beaver County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Beaver?
A $124,000 home in Beaver, Oklahoma costs approximately $1,119 per month with 20% down at 6.66%. That is $637 principal and interest, $70 property tax, $120 homeowners insurance, $188 utilities and $103 set aside for maintenance.
What is the property tax rate in Beaver?
Beaver has an effective property tax rate of 0.677%, based on a median home value of $123,500 and median real estate taxes of $836. That is lower than the Beaver County average of 0.761%.
What is the average home price in Beaver?
The median owner-occupied home value in Beaver, Oklahoma is $123,500, against $117,900 across Beaver County.
Is it cheaper to rent or buy in Beaver?
Median gross rent in Beaver is $767 a month, against $1,119 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 Beaver — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.