Total monthly cost of ownership
Cost to Own a Home in Havana, Florida
A $186,000 home here costs
$1,568per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $956. The real number is $612 higher every month — 64% 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.
Havana against Gadsden County and Florida
| Measure | Havana | Gadsden County |
|---|---|---|
| Median home value | $185,800 | $154,700 |
| Median property tax | $1,676 | $854 |
| Effective tax rate | 0.902% | 0.552% |
| Median gross rent | $818 | $792 |
| Population | 2,340 | 43,642 |
The weather behind that power bill
Havana 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 Havana?
A $186,000 home in Havana, Florida costs approximately $1,568 per month with 20% down at 6.66%. That is $956 principal and interest, $140 property tax, $112 homeowners insurance, $204 utilities and $155 set aside for maintenance.
What is the property tax rate in Havana?
Havana has an effective property tax rate of 0.902%, based on a median home value of $185,800 and median real estate taxes of $1,676. That is higher than the Gadsden County average of 0.552%.
What is the average home price in Havana?
The median owner-occupied home value in Havana, Florida is $185,800, against $154,700 across Gadsden County.
Is it cheaper to rent or buy in Havana?
Median gross rent in Havana is $818 a month, against $1,568 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 Havana — 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.