Total monthly cost of ownership
Cost to Own a Home in Enid, Oklahoma
A $144,000 home here costs
$1,303per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $563 higher every month — 76% 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.
Enid against Garfield County and Oklahoma
| Measure | Enid | Garfield County |
|---|---|---|
| Median home value | $143,500 | $149,800 |
| Median property tax | $1,373 | $1,331 |
| Effective tax rate | 0.957% | 0.889% |
| Median gross rent | $906 | $915 |
| Population | 50,821 | 62,322 |
The weather behind that power bill
Enid sits in Garfield County, which averages a high of 94.8°F in its hottest month and a low of 24.7°F in its coldest, with 33.29" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,022 cooling and 3,976 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Garfield County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Garfield County
Full Garfield County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Enid?
A $144,000 home in Enid, Oklahoma costs approximately $1,303 per month with 20% down at 6.66%. That is $740 principal and interest, $115 property tax, $140 homeowners insurance, $188 utilities and $120 set aside for maintenance.
What is the property tax rate in Enid?
Enid has an effective property tax rate of 0.957%, based on a median home value of $143,500 and median real estate taxes of $1,373. That is higher than the Garfield County average of 0.889%.
What is the average home price in Enid?
The median owner-occupied home value in Enid, Oklahoma is $143,500, against $149,800 across Garfield County.
Is it cheaper to rent or buy in Enid?
Median gross rent in Enid is $906 a month, against $1,303 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 Enid — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.