Total monthly cost of ownership
Cost to Own a Home in Freeport, Pennsylvania
A $100,000 home here costs
$1,058per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $514. The real number is $544 higher every month — 106% 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.
Freeport against Armstrong County and Pennsylvania
| Measure | Freeport | Armstrong County |
|---|---|---|
| Median home value | $100,200 | $146,300 |
| Median property tax | $1,985 | $2,175 |
| Effective tax rate | 1.981% | 1.487% |
| Median gross rent | $739 | $802 |
| Population | 1,736 | 65,069 |
The weather behind that power bill
Freeport sits in Armstrong County, which averages a high of 83.8°F in its hottest month and a low of 17.2°F in its coldest, with 44.32" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 617 cooling and 6,194 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Armstrong County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Armstrong County
Full Armstrong County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Freeport?
A $100,000 home in Freeport, Pennsylvania costs approximately $1,058 per month with 20% down at 6.66%. That is $514 principal and interest, $165 property tax, $33 homeowners insurance, $262 utilities and $83 set aside for maintenance.
What is the property tax rate in Freeport?
Freeport has an effective property tax rate of 1.981%, based on a median home value of $100,200 and median real estate taxes of $1,985. That is higher than the Armstrong County average of 1.487%.
What is the average home price in Freeport?
The median owner-occupied home value in Freeport, Pennsylvania is $100,200, against $146,300 across Armstrong County.
Is it cheaper to rent or buy in Freeport?
Median gross rent in Freeport is $739 a month, against $1,058 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 Freeport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- 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.