Cost to Own
United StatesAlabamaCleburne CountyHeflin Population 3,462 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Heflin, Alabama

A $156,000 home here costs

$1,298

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

A standard mortgage calculator would have told you $802. The real number is $496 higher every month — 62% more than the payment most buyers budget for.

Heflin median: $155,800
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, $124,800 borrowed $802
Property tax0.315% effective rate for Heflin itself $41
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $106
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $130
Total monthly $1,298

Heflin against Cleburne County and Alabama

MeasureHeflinCleburne County
Median home value$155,800$144,200
Median property tax$491$417
Effective tax rate0.315%0.289%
Median gross rent$739$792
Population3,46215,254

The weather behind that power bill

Heflin sits in Cleburne County, which averages a high of 88.5°F in its hottest month and a low of 29.7°F in its coldest, with 57.41" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,474 cooling and 3,193 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Cleburne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Cleburne County

No other places of this size are published in Cleburne County.

Full Cleburne County cost breakdown · Every county in Alabama

Common questions

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

A $156,000 home in Heflin, Alabama costs approximately $1,298 per month with 20% down at 6.66%. That is $802 principal and interest, $41 property tax, $106 homeowners insurance, $219 utilities and $130 set aside for maintenance.

What is the property tax rate in Heflin?

Heflin has an effective property tax rate of 0.315%, based on a median home value of $155,800 and median real estate taxes of $491. That is higher than the Cleburne County average of 0.289%.

What is the average home price in Heflin?

The median owner-occupied home value in Heflin, Alabama is $155,800, against $144,200 across Cleburne County.

Is it cheaper to rent or buy in Heflin?

Median gross rent in Heflin is $739 a month, against $1,298 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 Heflin — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Alabama.
  • 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