Cost to Own
United StatesCaliforniaRiverside CountyDesert Edge Population 3,642 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Desert Edge, California

A $57,000 home here costs

$757

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

A standard mortgage calculator would have told you $293. The real number is $464 higher every month — 158% more than the payment most buyers budget for.

Desert Edge median: $56,900
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, $45,600 borrowed $293
Property tax0.863% effective rate for Desert Edge itself $41
Homeowners insuranceCalifornia averages $1,403/yr (NAIC), or 0.186% of home value $9
Electricity33.25¢/kWh — California residential average, EIA $299
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $48
Total monthly $757

Desert Edge against Riverside County and California

MeasureDesert EdgeRiverside County
Median home value$56,900$510,300
Median property tax$491$4,189
Effective tax rate0.863%0.821%
Median gross rent$821$1,814
Population3,6422,449,909

The weather behind that power bill

Desert Edge sits in Riverside County, which averages a high of 106.9°F in its hottest month and a low of 37.7°F in its coldest, with 2.96" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 3,880 cooling and 1,108 heating degree days, which is what sets the $299 electricity line above.

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

Other cities in Riverside County

Full Riverside County cost breakdown · Every county in California

Common questions

How much does it cost to own a home in Desert Edge?

A $57,000 home in Desert Edge, California costs approximately $757 per month with 20% down at 6.66%. That is $293 principal and interest, $41 property tax, $9 homeowners insurance, $367 utilities and $48 set aside for maintenance.

What is the property tax rate in Desert Edge?

Desert Edge has an effective property tax rate of 0.863%, based on a median home value of $56,900 and median real estate taxes of $491. That is higher than the Riverside County average of 0.821%.

What is the average home price in Desert Edge?

The median owner-occupied home value in Desert Edge, California is $56,900, against $510,300 across Riverside County.

Is it cheaper to rent or buy in Desert Edge?

Median gross rent in Desert Edge is $821 a month, against $757 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Desert Edge — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for California.
  • 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