Total monthly cost of ownership
Cost to Own a Home in Edinburg, Virginia
A $218,000 home here costs
$1,778per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $76,000 a year.
A standard mortgage calculator would have told you $1,189. The real number is $590 higher every month, 50% more than the payment most buyers budget for.
Compare Shenandoah County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Edinburg from a five-year rolling sample, and with about 1,544 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Shenandoah County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Edinburg against Shenandoah County and Virginia
| Measure | Edinburg | Shenandoah County |
|---|---|---|
| Median home value | $217,900 | $265,800 |
| Median property tax | $1,254 | $1,451 |
| Effective tax rate | 0.575% | 0.546% |
| Median gross rent | $977 | $968 |
| Population | 1,544 | 44,630 |
The weather behind that power bill
Edinburg sits in Shenandoah County, which averages a high of 85.4°F in its hottest month and a low of 21.3°F in its coldest, with 37.16" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 807 cooling and 5,219 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Shenandoah County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Shenandoah County
Full Shenandoah County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Edinburg 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 Edinburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Edinburg I already own here and may sell
Common questions
How much does it cost to own a home in Edinburg?
A $218,000 home in Edinburg, Virginia costs approximately $1,778 per month with 20% down at 7.24%. That is $1,189 principal and interest, $104 property tax, $54 homeowners insurance, $250 utilities and $182 set aside for maintenance.
What is the property tax rate in Edinburg?
Edinburg has an effective property tax rate of 0.575%, based on a median home value of $217,900 and median real estate taxes of $1,254. That is higher than the Shenandoah County average of 0.546%.
What is the average home price in Edinburg?
The median owner-occupied home value in Edinburg, Virginia is $217,900, against $265,800 across Shenandoah County.
Is it cheaper to rent or buy in Edinburg?
Median gross rent in Edinburg is $977 a month, against $1,778 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 Edinburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Edinburg, Virginia at today's rate takes a household income of roughly $76,000 a year. That covers the full $1,778 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Edinburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Virginia.
- 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.