Total monthly cost of ownership
Cost to Own a Home in Boston Heights, Ohio
A $435,000 home here costs
$3,517per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,236. The real number is $1,281 higher every month — 57% 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.
Boston Heights against Summit County and Ohio
| Measure | Boston Heights | Summit County |
|---|---|---|
| Median home value | $435,400 | $195,700 |
| Median property tax | $6,159 | $3,018 |
| Effective tax rate | 1.415% | 1.542% |
| Median gross rent | $1,071 | $998 |
| Population | 1,436 | 538,087 |
The weather behind that power bill
Boston Heights sits in Summit County, which averages a high of 85.1°F in its hottest month and a low of 21.0°F in its coldest, with 32.51" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 934 cooling and 5,538 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Common questions
How much does it cost to own a home in Boston Heights?
A $435,000 home in Boston Heights, Ohio costs approximately $3,517 per month with 20% down at 6.66%. That is $2,236 principal and interest, $513 property tax, $162 homeowners insurance, $243 utilities and $363 set aside for maintenance.
What is the property tax rate in Boston Heights?
Boston Heights has an effective property tax rate of 1.415%, based on a median home value of $435,400 and median real estate taxes of $6,159. That is lower than the Summit County average of 1.542%.
What is the average home price in Boston Heights?
The median owner-occupied home value in Boston Heights, Ohio is $435,400, against $195,700 across Summit County.
Is it cheaper to rent or buy in Boston Heights?
Median gross rent in Boston Heights is $1,071 a month, against $3,517 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 Boston Heights — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.