Total monthly cost of ownership
Cost to Own a Home in Eaton, Ohio
A $135,000 home here costs
$1,252per 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 $558 higher every month — 80% 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.
Eaton against Preble County and Ohio
| Measure | Eaton | Preble County |
|---|---|---|
| Median home value | $134,700 | $171,100 |
| Median property tax | $1,823 | $1,841 |
| Effective tax rate | 1.353% | 1.076% |
| Median gross rent | $769 | $803 |
| Population | 8,353 | 40,802 |
The weather behind that power bill
Eaton sits in Preble County, which averages a high of 84.9°F in its hottest month and a low of 17.4°F in its coldest, with 43.11" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 834 cooling and 5,825 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Preble County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Preble County
Common questions
How much does it cost to own a home in Eaton?
A $135,000 home in Eaton, Ohio costs approximately $1,252 per month with 20% down at 6.66%. That is $694 principal and interest, $152 property tax, $50 homeowners insurance, $243 utilities and $113 set aside for maintenance.
What is the property tax rate in Eaton?
Eaton has an effective property tax rate of 1.353%, based on a median home value of $134,700 and median real estate taxes of $1,823. That is higher than the Preble County average of 1.076%.
What is the average home price in Eaton?
The median owner-occupied home value in Eaton, Ohio is $134,700, against $171,100 across Preble County.
Is it cheaper to rent or buy in Eaton?
Median gross rent in Eaton is $769 a month, against $1,252 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 Eaton — 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.