Total monthly cost of ownership
Cost to Own a Home in Cameron, Texas
A $113,000 home here costs
$1,116per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $581. The real number is $535 higher every month — 92% 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.
Cameron against Milam County and Texas
| Measure | Cameron | Milam County |
|---|---|---|
| Median home value | $112,800 | $168,900 |
| Median property tax | $1,801 | $1,789 |
| Effective tax rate | 1.597% | 1.059% |
| Median gross rent | $942 | $948 |
| Population | 5,385 | 25,268 |
The weather behind that power bill
Cameron sits in Milam County, which averages a high of 94.5°F in its hottest month and a low of 38.7°F in its coldest, with 38.6" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,820 cooling and 1,709 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Milam County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Milam County
Common questions
How much does it cost to own a home in Cameron?
A $113,000 home in Cameron, Texas costs approximately $1,116 per month with 20% down at 6.66%. That is $581 principal and interest, $150 property tax, $75 homeowners insurance, $216 utilities and $94 set aside for maintenance.
What is the property tax rate in Cameron?
Cameron has an effective property tax rate of 1.597%, based on a median home value of $112,800 and median real estate taxes of $1,801. That is higher than the Milam County average of 1.059%.
What is the average home price in Cameron?
The median owner-occupied home value in Cameron, Texas is $112,800, against $168,900 across Milam County.
Is it cheaper to rent or buy in Cameron?
Median gross rent in Cameron is $942 a month, against $1,116 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 Cameron — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.