Total monthly cost of ownership
Cost to Own a Home in Grangeville, Idaho
A $262,000 home here costs
$1,883per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,347. The real number is $536 higher every month — 40% 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.
Grangeville against Idaho County and Idaho
| Measure | Grangeville | Idaho County |
|---|---|---|
| Median home value | $262,000 | $284,600 |
| Median property tax | $1,052 | $974 |
| Effective tax rate | 0.402% | 0.342% |
| Median gross rent | $783 | $797 |
| Population | 3,443 | 17,120 |
The weather behind that power bill
Grangeville sits in Idaho County, which averages a high of 82.9°F in its hottest month and a low of 14.0°F in its coldest, with 30.64" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 69 cooling and 8,358 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Idaho County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Idaho County
Common questions
How much does it cost to own a home in Grangeville?
A $262,000 home in Grangeville, Idaho costs approximately $1,883 per month with 20% down at 6.66%. That is $1,347 principal and interest, $88 property tax, $51 homeowners insurance, $179 utilities and $218 set aside for maintenance.
What is the property tax rate in Grangeville?
Grangeville has an effective property tax rate of 0.402%, based on a median home value of $262,000 and median real estate taxes of $1,052. That is higher than the Idaho County average of 0.342%.
What is the average home price in Grangeville?
The median owner-occupied home value in Grangeville, Idaho is $262,000, against $284,600 across Idaho County.
Is it cheaper to rent or buy in Grangeville?
Median gross rent in Grangeville is $783 a month, against $1,883 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 Grangeville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.