Total monthly cost of ownership
Cost to Own a Home in Cottonwood, Idaho
A $207,000 home here costs
$1,532per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,064. The real number is $468 higher every month — 44% 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.
Cottonwood against Idaho County and Idaho
| Measure | Cottonwood | Idaho County |
|---|---|---|
| Median home value | $206,800 | $284,600 |
| Median property tax | $913 | $974 |
| Effective tax rate | 0.441% | 0.342% |
| Median gross rent | $942 | $797 |
| Population | 1,138 | 17,120 |
The weather behind that power bill
Cottonwood sits in Idaho County, which averages a high of 82.9°F in its hottest month and a low of 14.0°F in its coldest, with 30.64" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 69 cooling and 8,358 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Idaho County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Idaho County
Common questions
How much does it cost to own a home in Cottonwood?
A $207,000 home in Cottonwood, Idaho costs approximately $1,532 per month with 20% down at 6.66%. That is $1,064 principal and interest, $76 property tax, $40 homeowners insurance, $179 utilities and $173 set aside for maintenance.
What is the property tax rate in Cottonwood?
Cottonwood has an effective property tax rate of 0.441%, based on a median home value of $206,800 and median real estate taxes of $913. That is higher than the Idaho County average of 0.342%.
What is the average home price in Cottonwood?
The median owner-occupied home value in Cottonwood, Idaho is $206,800, against $284,600 across Idaho County.
Is it cheaper to rent or buy in Cottonwood?
Median gross rent in Cottonwood is $942 a month, against $1,532 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 Cottonwood — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.