Total monthly cost of ownership
Cost to Own a Home in Gretna, Florida
A $106,000 home here costs
$950per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $545. The real number is $406 higher every month — 74% 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.
Gretna against Gadsden County and Florida
| Measure | Gretna | Gadsden County |
|---|---|---|
| Median home value | $105,600 | $154,700 |
| Median property tax | — | $854 |
| Effective tax rate | 0.552% | 0.552% |
| Median gross rent | $636 | $792 |
| Population | 1,405 | 43,642 |
The weather behind that power bill
Gretna sits in Gadsden County, which averages a high of 91.3°F in its hottest month and a low of 39.8°F in its coldest, with 59.81" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,495 cooling and 1,600 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Gadsden County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gadsden County
Full Gadsden County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Gretna?
A $106,000 home in Gretna, Florida costs approximately $950 per month with 20% down at 6.66%. That is $545 principal and interest, $49 property tax, $64 homeowners insurance, $204 utilities and $88 set aside for maintenance.
What is the property tax rate in Gretna?
Place-level tax data is not published for Gretna, so the Gadsden County rate of 0.552% applies here.
What is the average home price in Gretna?
The median owner-occupied home value in Gretna, Florida is $105,600, against $154,700 across Gadsden County.
Is it cheaper to rent or buy in Gretna?
Median gross rent in Gretna is $636 a month, against $950 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 Gretna — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.