Total monthly cost of ownership
Cost to Own a Home in Crozet, Virginia
A $526,000 home here costs
$3,801per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,704. The real number is $1,096 higher every month — 41% 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.
Crozet against Albemarle County and Virginia
| Measure | Crozet | Albemarle County |
|---|---|---|
| Median home value | $526,100 | $471,000 |
| Median property tax | $3,632 | $3,482 |
| Effective tax rate | 0.690% | 0.739% |
| Median gross rent | $1,897 | $1,623 |
| Population | 9,211 | 113,683 |
The weather behind that power bill
Crozet sits in Albemarle County, which averages a high of 87.4°F in its hottest month and a low of 27.7°F in its coldest, with 48.53" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,341 cooling and 4,109 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Albemarle County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Albemarle County
Full Albemarle County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Crozet?
A $526,000 home in Crozet, Virginia costs approximately $3,801 per month with 20% down at 6.66%. That is $2,704 principal and interest, $302 property tax, $129 homeowners insurance, $226 utilities and $438 set aside for maintenance.
What is the property tax rate in Crozet?
Crozet has an effective property tax rate of 0.690%, based on a median home value of $526,100 and median real estate taxes of $3,632. That is lower than the Albemarle County average of 0.739%.
What is the average home price in Crozet?
The median owner-occupied home value in Crozet, Virginia is $526,100, against $471,000 across Albemarle County.
Is it cheaper to rent or buy in Crozet?
Median gross rent in Crozet is $1,897 a month, against $3,801 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 Crozet — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.