Total monthly cost of ownership
Cost to Own a Home in Byron, Georgia
A $230,000 home here costs
$1,906per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,182. The real number is $723 higher every month — 61% 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.
Byron against Peach County and Georgia
| Measure | Byron | Peach County |
|---|---|---|
| Median home value | $230,100 | $186,100 |
| Median property tax | $2,656 | $2,092 |
| Effective tax rate | 1.154% | 1.124% |
| Median gross rent | $846 | $901 |
| Population | 5,839 | 28,269 |
The weather behind that power bill
Byron sits in Peach County, which averages a high of 93.5°F in its hottest month and a low of 35.9°F in its coldest, with 46.91" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,326 cooling and 2,146 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Peach County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Peach County
Common questions
How much does it cost to own a home in Byron?
A $230,000 home in Byron, Georgia costs approximately $1,906 per month with 20% down at 6.66%. That is $1,182 principal and interest, $221 property tax, $100 homeowners insurance, $210 utilities and $192 set aside for maintenance.
What is the property tax rate in Byron?
Byron has an effective property tax rate of 1.154%, based on a median home value of $230,100 and median real estate taxes of $2,656. That is higher than the Peach County average of 1.124%.
What is the average home price in Byron?
The median owner-occupied home value in Byron, Georgia is $230,100, against $186,100 across Peach County.
Is it cheaper to rent or buy in Byron?
Median gross rent in Byron is $846 a month, against $1,906 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 Byron — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- 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.