Total monthly cost of ownership
Cost to Own a Home in Borrego Springs, California
A $396,000 home here costs
$3,026per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,036. The real number is $991 higher every month — 49% 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.
Borrego Springs against San Diego County and California
| Measure | Borrego Springs | San Diego County |
|---|---|---|
| Median home value | $396,400 | $791,600 |
| Median property tax | $2,791 | $5,542 |
| Effective tax rate | 0.704% | 0.700% |
| Median gross rent | $981 | $2,154 |
| Population | 2,781 | 3,282,782 |
The weather behind that power bill
Borrego Springs sits in San Diego County, which averages a high of 90.8°F in its hottest month and a low of 35.6°F in its coldest, with 14.65" of precipitation a year and 62% of it in a single three-month stretch. That climate drives 957 cooling and 2,329 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for San Diego County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in San Diego County
Full San Diego County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Borrego Springs?
A $396,000 home in Borrego Springs, California costs approximately $3,026 per month with 20% down at 6.66%. That is $2,036 principal and interest, $232 property tax, $61 homeowners insurance, $367 utilities and $330 set aside for maintenance.
What is the property tax rate in Borrego Springs?
Borrego Springs has an effective property tax rate of 0.704%, based on a median home value of $396,400 and median real estate taxes of $2,791. That is in line with the San Diego County average of 0.700%.
What is the average home price in Borrego Springs?
The median owner-occupied home value in Borrego Springs, California is $396,400, against $791,600 across San Diego County.
Is it cheaper to rent or buy in Borrego Springs?
Median gross rent in Borrego Springs is $981 a month, against $3,026 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 Borrego Springs — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- 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.