Total monthly cost of ownership
Cost to Own a Home in Chelan, Washington
A $428,000 home here costs
$3,060per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,200. The real number is $860 higher every month — 39% 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.
Chelan against Chelan County and Washington
| Measure | Chelan | Chelan County |
|---|---|---|
| Median home value | $428,200 | $454,900 |
| Median property tax | $2,848 | $3,235 |
| Effective tax rate | 0.665% | 0.711% |
| Median gross rent | $1,447 | $1,182 |
| Population | 4,314 | 79,518 |
The weather behind that power bill
Chelan sits in Chelan County, which averages a high of 81.9°F in its hottest month and a low of 21.3°F in its coldest, with 27.24" of precipitation a year and 52% of it in a single three-month stretch. That climate drives 219 cooling and 7,206 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Chelan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chelan County
Full Chelan County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Chelan?
A $428,000 home in Chelan, Washington costs approximately $3,060 per month with 20% down at 6.66%. That is $2,200 principal and interest, $237 property tax, $63 homeowners insurance, $202 utilities and $357 set aside for maintenance.
What is the property tax rate in Chelan?
Chelan has an effective property tax rate of 0.665%, based on a median home value of $428,200 and median real estate taxes of $2,848. That is lower than the Chelan County average of 0.711%.
What is the average home price in Chelan?
The median owner-occupied home value in Chelan, Washington is $428,200, against $454,900 across Chelan County.
Is it cheaper to rent or buy in Chelan?
Median gross rent in Chelan is $1,447 a month, against $3,060 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 Chelan — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- 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.