Cost to Own
United StatesOklahomaLe Flore CountyHeavener Population 2,998 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Heavener, Oklahoma

A $57,000 home here costs

$617

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $293. The real number is $324 higher every month — 111% more than the payment most buyers budget for.

Heavener median: $57,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $45,600 borrowed $293
Property tax0.701% effective rate for Heavener itself $33
Homeowners insuranceOklahoma averages $2,155/yr (NAIC), or 1.163% of home value $55
Electricity13.38¢/kWh — Oklahoma residential average, EIA $120
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $48
Total monthly $617

Heavener against Le Flore County and Oklahoma

MeasureHeavenerLe Flore County
Median home value$57,100$121,600
Median property tax$400$794
Effective tax rate0.701%0.653%
Median gross rent$756$773
Population2,99848,728

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 $120 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

Common questions

How much does it cost to own a home in Heavener?

A $57,000 home in Heavener, Oklahoma costs approximately $617 per month with 20% down at 6.66%. That is $293 principal and interest, $33 property tax, $55 homeowners insurance, $188 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 $617 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

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.

Full methodology