Total monthly cost of ownership
Cost to Own a Home in East Lake-Orient Park, Florida
A $222,000 home here costs
$1,774per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,141. The real number is $633 higher every month — 55% 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.
East Lake-Orient Park against Hillsborough County and Florida
| Measure | East Lake-Orient Park | Hillsborough County |
|---|---|---|
| Median home value | $221,500 | $333,300 |
| Median property tax | $1,308 | $2,787 |
| Effective tax rate | 0.591% | 0.836% |
| Median gross rent | $1,417 | $1,543 |
| Population | 29,064 | 1,489,634 |
The weather behind that power bill
East Lake-Orient Park sits in Hillsborough County, which averages a high of 91.2°F in its hottest month and a low of 52.8°F in its coldest, with 49.48" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 3,928 cooling and 433 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Hillsborough County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hillsborough County
Full Hillsborough County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in East Lake-Orient Park?
A $222,000 home in East Lake-Orient Park, Florida costs approximately $1,774 per month with 20% down at 6.66%. That is $1,141 principal and interest, $109 property tax, $134 homeowners insurance, $204 utilities and $185 set aside for maintenance.
What is the property tax rate in East Lake-Orient Park?
East Lake-Orient Park has an effective property tax rate of 0.591%, based on a median home value of $221,500 and median real estate taxes of $1,308. That is lower than the Hillsborough County average of 0.836%.
What is the average home price in East Lake-Orient Park?
The median owner-occupied home value in East Lake-Orient Park, Florida is $221,500, against $333,300 across Hillsborough County.
Is it cheaper to rent or buy in East Lake-Orient Park?
Median gross rent in East Lake-Orient Park is $1,417 a month, against $1,774 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 East Lake-Orient Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.