Total monthly cost of ownership
Cost to Own a Home in Burns Flat, Oklahoma
A $105,000 home here costs
$966per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $540. The real number is $426 higher every month — 79% 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.
Burns Flat against Washita County and Oklahoma
| Measure | Burns Flat | Washita County |
|---|---|---|
| Median home value | $105,100 | $113,300 |
| Median property tax | $587 | $614 |
| Effective tax rate | 0.559% | 0.542% |
| Median gross rent | $817 | $775 |
| Population | 1,954 | 10,857 |
The weather behind that power bill
Burns Flat sits in Washita County, which averages a high of 94.2°F in its hottest month and a low of 27.5°F in its coldest, with 23.9" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 1,981 cooling and 3,752 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Washita County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washita County
Full Washita County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Burns Flat?
A $105,000 home in Burns Flat, Oklahoma costs approximately $966 per month with 20% down at 6.66%. That is $540 principal and interest, $49 property tax, $102 homeowners insurance, $188 utilities and $88 set aside for maintenance.
What is the property tax rate in Burns Flat?
Burns Flat has an effective property tax rate of 0.559%, based on a median home value of $105,100 and median real estate taxes of $587. That is higher than the Washita County average of 0.542%.
What is the average home price in Burns Flat?
The median owner-occupied home value in Burns Flat, Oklahoma is $105,100, against $113,300 across Washita County.
Is it cheaper to rent or buy in Burns Flat?
Median gross rent in Burns Flat is $817 a month, against $966 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 Burns Flat — 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.