Cost to Own
United StatesVirginiaFairfax CountyFort Belvoir Population 8,107 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Fort Belvoir, Virginia

A $244,000 home here costs

$1,950

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

A standard mortgage calculator would have told you $1,254. The real number is $695 higher every month — 55% more than the payment most buyers budget for.

Fort Belvoir median: $244,400
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, $195,200 borrowed $1,254
Property tax1.011% — Fairfax County rate; no place-level figure published $206
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $60
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $203
Total monthly $1,950

Fort Belvoir against Fairfax County and Virginia

MeasureFort BelvoirFairfax County
Median home value$244,400$699,700
Median property tax$7,072
Effective tax rate1.011%1.011%
Median gross rent$3,212$2,230
Population8,1071,144,474

The weather behind that power bill

Fort Belvoir sits in Fairfax County, which averages a high of 83.8°F in its hottest month and a low of 23.4°F in its coldest, with 43.57" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 964 cooling and 4,931 heating degree days, which is what sets the $158 electricity line above.

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

Other cities in Fairfax County

Full Fairfax County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Fort Belvoir?

A $244,000 home in Fort Belvoir, Virginia costs approximately $1,950 per month with 20% down at 6.66%. That is $1,254 principal and interest, $206 property tax, $60 homeowners insurance, $226 utilities and $203 set aside for maintenance.

What is the property tax rate in Fort Belvoir?

Place-level tax data is not published for Fort Belvoir, so the Fairfax County rate of 1.011% applies here.

What is the average home price in Fort Belvoir?

The median owner-occupied home value in Fort Belvoir, Virginia is $244,400, against $699,700 across Fairfax County.

Is it cheaper to rent or buy in Fort Belvoir?

Median gross rent in Fort Belvoir is $3,212 a month, against $1,950 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Fort Belvoir — 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.

Full methodology