Total monthly cost of ownership
Cost to Own a Home in Brookings, Oregon
A $399,000 home here costs
$2,875per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,051. The real number is $824 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.
Brookings against Curry County and Oregon
| Measure | Brookings | Curry County |
|---|---|---|
| Median home value | $398,700 | $366,700 |
| Median property tax | $2,631 | $1,948 |
| Effective tax rate | 0.660% | 0.531% |
| Median gross rent | $1,303 | $1,156 |
| Population | 6,733 | 23,463 |
The weather behind that power bill
Brookings sits in Curry County, which averages a high of 68.8°F in its hottest month and a low of 41.7°F in its coldest, with 75.18" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 20 cooling and 4,022 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Curry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Curry County
Common questions
How much does it cost to own a home in Brookings?
A $399,000 home in Brookings, Oregon costs approximately $2,875 per month with 20% down at 6.66%. That is $2,051 principal and interest, $219 property tax, $58 homeowners insurance, $214 utilities and $333 set aside for maintenance.
What is the property tax rate in Brookings?
Brookings has an effective property tax rate of 0.660%, based on a median home value of $398,700 and median real estate taxes of $2,631. That is higher than the Curry County average of 0.531%.
What is the average home price in Brookings?
The median owner-occupied home value in Brookings, Oregon is $398,700, against $366,700 across Curry County.
Is it cheaper to rent or buy in Brookings?
Median gross rent in Brookings is $1,303 a month, against $2,875 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 Brookings — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oregon.
- 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.