Total monthly cost of ownership
Cost to Own a Home in Freeport, Pennsylvania
A $100,000 home here costs
$1,073per 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 $46,000 a year.
A standard mortgage calculator would have told you $545. The real number is $528 higher every month, 97% more than the payment most buyers budget for.
Compare Armstrong County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Freeport from a five-year rolling sample, and with about 1,736 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 Armstrong 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.
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 $178 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
Talk to someone who works this market
These are Freeport 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 Freeport every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Freeport I already own here and may sell
Common questions
How much does it cost to own a home in Freeport?
A $100,000 home in Freeport, Pennsylvania costs approximately $1,073 per month with 20% down at 7.24%. That is $545 principal and interest, $165 property tax, $33 homeowners insurance, $246 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 $1,073 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 Freeport?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Freeport, Pennsylvania at today's rate takes a household income of roughly $46,000 a year. That covers the full $1,073 monthly cost, not just the mortgage payment.
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.