Total monthly cost of ownership
Cost to Own a Home in Berkley, Colorado
A $454,000 home here costs
$3,270per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,334. The real number is $936 higher every month — 40% 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.
Berkley against Adams County and Colorado
| Measure | Berkley | Adams County |
|---|---|---|
| Median home value | $453,600 | $458,400 |
| Median property tax | $2,544 | $2,770 |
| Effective tax rate | 0.561% | 0.604% |
| Median gross rent | $1,709 | $1,713 |
| Population | 10,838 | 524,408 |
The weather behind that power bill
Berkley sits in Adams County, which averages a high of 89.9°F in its hottest month and a low of 18.4°F in its coldest, with 14.48" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 850 cooling and 5,862 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Adams County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Adams County
Common questions
How much does it cost to own a home in Berkley?
A $454,000 home in Berkley, Colorado costs approximately $3,270 per month with 20% down at 6.66%. That is $2,334 principal and interest, $212 property tax, $132 homeowners insurance, $213 utilities and $378 set aside for maintenance.
What is the property tax rate in Berkley?
Berkley has an effective property tax rate of 0.561%, based on a median home value of $453,600 and median real estate taxes of $2,544. That is lower than the Adams County average of 0.604%.
What is the average home price in Berkley?
The median owner-occupied home value in Berkley, Colorado is $453,600, against $458,400 across Adams County.
Is it cheaper to rent or buy in Berkley?
Median gross rent in Berkley is $1,709 a month, against $3,270 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 Berkley — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- 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.