Total monthly cost of ownership
Cost to Own a Home in College Station, Texas
A $327,000 home here costs
$3,022per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $129,500 a year.
A standard mortgage calculator would have told you $1,811. The real number is $1,210 higher every month, 67% more than the payment most buyers budget for.
Compare Brazos County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
College Station against Brazos County and Texas
| Measure | College Station | Brazos County |
|---|---|---|
| Median home value | $326,500 | $279,700 |
| Median property tax | $5,742 | $4,580 |
| Effective tax rate | 1.759% | 1.637% |
| Median gross rent | $1,168 | $1,160 |
| Population | 122,280 | 237,980 |
The weather behind that power bill
College Station sits in Brazos County, which averages a high of 96.6°F in its hottest month and a low of 41.3°F in its coldest, with 41.75" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 3,169 cooling and 1,545 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Brazos County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Brazos County
Talk to someone who works this market
These are College Station 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 College Station every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in College Station I already own here and may sell
Common questions
How much does it cost to own a home in College Station?
A $327,000 home in College Station, Texas costs approximately $3,022 per month with 20% down at 7.4%. That is $1,811 principal and interest, $479 property tax, $216 homeowners insurance, $242 utilities and $273 set aside for maintenance.
What is the property tax rate in College Station?
College Station has an effective property tax rate of 1.759%, based on a median home value of $326,500 and median real estate taxes of $5,742. That is higher than the Brazos County average of 1.637%.
What is the average home price in College Station?
The median owner-occupied home value in College Station, Texas is $326,500, against $279,700 across Brazos County.
Is it cheaper to rent or buy in College Station?
Median gross rent in College Station is $1,168 a month, against $3,022 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 College Station?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in College Station, Texas at today's rate takes a household income of roughly $129,500 a year. That covers the full $3,022 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for College Station, 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.