Total monthly cost of ownership
Cost to Own a Home in Eagle, Idaho
A $712,000 home here costs
$5,164per 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 $221,500 a year.
A standard mortgage calculator would have told you $3,944. The real number is $1,221 higher every month, 31% more than the payment most buyers budget for.
Compare Ada 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.
Eagle against Ada County and Idaho
| Measure | Eagle | Ada County |
|---|---|---|
| Median home value | $711,500 | $476,000 |
| Median property tax | $3,493 | $2,643 |
| Effective tax rate | 0.491% | 0.555% |
| Median gross rent | $1,753 | $1,465 |
| Population | 31,490 | 508,052 |
The weather behind that power bill
Eagle sits in Ada County, which averages a high of 92.7°F in its hottest month and a low of 25.4°F in its coldest, with 11.51" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,045 cooling and 5,321 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Ada County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ada County
Talk to someone who works this market
These are Eagle 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 Eagle every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Eagle?
A $712,000 home in Eagle, Idaho costs approximately $5,164 per month with 20% down at 7.4%. That is $3,944 principal and interest, $291 property tax, $138 homeowners insurance, $198 utilities and $593 set aside for maintenance.
What is the property tax rate in Eagle?
Eagle has an effective property tax rate of 0.491%, based on a median home value of $711,500 and median real estate taxes of $3,493. That is lower than the Ada County average of 0.555%.
What is the average home price in Eagle?
The median owner-occupied home value in Eagle, Idaho is $711,500, against $476,000 across Ada County.
Is it cheaper to rent or buy in Eagle?
Median gross rent in Eagle is $1,753 a month, against $5,164 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 Eagle?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Eagle, Idaho at today's rate takes a household income of roughly $221,500 a year. That covers the full $5,164 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eagle, 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.