Total monthly cost of ownership
Cost to Own a Home in Heavener, Oklahoma
A $57,000 home here costs
$675per 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 $29,000 a year.
A standard mortgage calculator would have told you $311. The real number is $364 higher every month, 117% more than the payment most buyers budget for.
Compare Le Flore County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Heavener from a five-year rolling sample, and with about 2,998 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 Le Flore 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.
Heavener against Le Flore County and Oklahoma
| Measure | Heavener | Le Flore County |
|---|---|---|
| Median home value | $57,100 | $121,600 |
| Median property tax | $400 | $794 |
| Effective tax rate | 0.701% | 0.653% |
| Median gross rent | $756 | $773 |
| Population | 2,998 | 48,728 |
The weather behind that power bill
Heavener sits in Le Flore County, which averages a high of 94.1°F in its hottest month and a low of 29.6°F in its coldest, with 47.34" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,177 cooling and 3,098 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Le Flore County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Le Flore County
Full Le Flore County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Heavener 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 Heavener every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Heavener I already own here and may sell
Common questions
How much does it cost to own a home in Heavener?
A $57,000 home in Heavener, Oklahoma costs approximately $675 per month with 20% down at 7.24%. That is $311 principal and interest, $33 property tax, $55 homeowners insurance, $228 utilities and $48 set aside for maintenance.
What is the property tax rate in Heavener?
Heavener has an effective property tax rate of 0.701%, based on a median home value of $57,100 and median real estate taxes of $400. That is higher than the Le Flore County average of 0.653%.
What is the average home price in Heavener?
The median owner-occupied home value in Heavener, Oklahoma is $57,100, against $121,600 across Le Flore County.
Is it cheaper to rent or buy in Heavener?
Median gross rent in Heavener is $756 a month, against $675 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Heavener?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Heavener, Oklahoma at today's rate takes a household income of roughly $29,000 a year. That covers the full $675 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Heavener, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Oklahoma.
- 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.