Cost to Own
United StatesOhioSandusky CountyElmore Population 1,524 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Elmore, Ohio

A $156,000 home here costs

$1,433

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

A standard mortgage calculator would have told you $802. The real number is $631 higher every month — 79% more than the payment most buyers budget for.

Elmore median: $155,700
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, $124,800 borrowed $802
Property tax1.534% effective rate for Elmore itself $199
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $58
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $130
Total monthly $1,433

Elmore against Sandusky County and Ohio

MeasureElmoreSandusky County
Median home value$155,700$152,500
Median property tax$2,388$1,621
Effective tax rate1.534%1.063%
Median gross rent$667$786
Population1,52458,770

Elmore extends across 2 counties. Figures here use Sandusky County, where most of its housing sits.

The weather behind that power bill

Elmore sits in Sandusky County, which averages a high of 85.0°F in its hottest month and a low of 18.5°F in its coldest, with 38.2" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 874 cooling and 6,028 heating degree days, which is what sets the $175 electricity line above.

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

Other cities in Sandusky County

Full Sandusky County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in Elmore?

A $156,000 home in Elmore, Ohio costs approximately $1,433 per month with 20% down at 6.66%. That is $802 principal and interest, $199 property tax, $58 homeowners insurance, $243 utilities and $130 set aside for maintenance.

What is the property tax rate in Elmore?

Elmore has an effective property tax rate of 1.534%, based on a median home value of $155,700 and median real estate taxes of $2,388. That is higher than the Sandusky County average of 1.063%.

What is the average home price in Elmore?

The median owner-occupied home value in Elmore, Ohio is $155,700, against $152,500 across Sandusky County.

Is it cheaper to rent or buy in Elmore?

Median gross rent in Elmore is $667 a month, against $1,433 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 Elmore — 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.

Full methodology