Cost to Own
United StatesOhioDefiance CountyDefiance Population 16,830 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Defiance, Ohio

A $135,000 home here costs

$1,224

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $694. The real number is $530 higher every month — 76% more than the payment most buyers budget for.

Defiance median: $134,600
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $108,000 borrowed $694
Property tax1.097% effective rate for Defiance itself $123
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $50
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $113
Total monthly $1,224

Defiance against Defiance County and Ohio

MeasureDefianceDefiance County
Median home value$134,600$150,900
Median property tax$1,476$1,686
Effective tax rate1.097%1.117%
Median gross rent$841$826
Population16,83038,258

The weather behind that power bill

Defiance sits in Defiance County, which averages a high of 83.7°F in its hottest month and a low of 18.1°F in its coldest, with 32.95" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 747 cooling and 6,179 heating degree days, which is what sets the $175 electricity line above.

See the full climate breakdown for Defiance County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Defiance County

Full Defiance County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in Defiance?

A $135,000 home in Defiance, Ohio costs approximately $1,224 per month with 20% down at 6.66%. That is $694 principal and interest, $123 property tax, $50 homeowners insurance, $243 utilities and $113 set aside for maintenance.

What is the property tax rate in Defiance?

Defiance has an effective property tax rate of 1.097%, based on a median home value of $134,600 and median real estate taxes of $1,476. That is lower than the Defiance County average of 1.117%.

What is the average home price in Defiance?

The median owner-occupied home value in Defiance, Ohio is $134,600, against $150,900 across Defiance County.

Is it cheaper to rent or buy in Defiance?

Median gross rent in Defiance is $841 a month, against $1,224 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 Defiance — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Ohio.
  • 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.

Full methodology