Total monthly cost of ownership
Cost to Own a Home in Camden, Ohio
A $113,000 home here costs
$1,095per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $47,000 a year.
A standard mortgage calculator would have told you $616. The real number is $479 higher every month, 78% more than the payment most buyers budget for.
Compare Preble County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Camden from a five-year rolling sample, and with about 1,986 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Preble County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Camden against Preble County and Ohio
| Measure | Camden | Preble County |
|---|---|---|
| Median home value | $113,000 | $171,100 |
| Median property tax | $1,334 | $1,841 |
| Effective tax rate | 1.181% | 1.076% |
| Median gross rent | $859 | $803 |
| Population | 1,986 | 40,802 |
The weather behind that power bill
Camden sits in Preble County, which averages a high of 84.9°F in its hottest month and a low of 17.4°F in its coldest, with 43.11" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 834 cooling and 5,825 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Preble County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Preble County
Talk to someone who works this market
These are Camden averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Camden every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Camden I already own here and may sell
Common questions
How much does it cost to own a home in Camden?
A $113,000 home in Camden, Ohio costs approximately $1,095 per month with 20% down at 7.24%. That is $616 principal and interest, $111 property tax, $42 homeowners insurance, $232 utilities and $94 set aside for maintenance.
What is the property tax rate in Camden?
Camden has an effective property tax rate of 1.181%, based on a median home value of $113,000 and median real estate taxes of $1,334. That is higher than the Preble County average of 1.076%.
What is the average home price in Camden?
The median owner-occupied home value in Camden, Ohio is $113,000, against $171,100 across Preble County.
Is it cheaper to rent or buy in Camden?
Median gross rent in Camden is $859 a month, against $1,095 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Camden?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Camden, Ohio at today's rate takes a household income of roughly $47,000 a year. That covers the full $1,095 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Camden, 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.