Total monthly cost of ownership
Cost to Own a Home in Heyburn, Idaho
A $205,000 home here costs
$1,546per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,054. The real number is $492 higher every month — 47% 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.
Heyburn against Minidoka County and Idaho
| Measure | Heyburn | Minidoka County |
|---|---|---|
| Median home value | $205,300 | $235,300 |
| Median property tax | $1,228 | $1,218 |
| Effective tax rate | 0.598% | 0.518% |
| Median gross rent | $1,017 | $909 |
| Population | 3,678 | 21,922 |
The weather behind that power bill
Heyburn sits in Minidoka County, which averages a high of 87.9°F in its hottest month and a low of 21.0°F in its coldest, with 10.3" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 492 cooling and 6,285 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Minidoka County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Minidoka County
Common questions
How much does it cost to own a home in Heyburn?
A $205,000 home in Heyburn, Idaho costs approximately $1,546 per month with 20% down at 6.66%. That is $1,054 principal and interest, $102 property tax, $40 homeowners insurance, $179 utilities and $171 set aside for maintenance.
What is the property tax rate in Heyburn?
Heyburn has an effective property tax rate of 0.598%, based on a median home value of $205,300 and median real estate taxes of $1,228. That is higher than the Minidoka County average of 0.518%.
What is the average home price in Heyburn?
The median owner-occupied home value in Heyburn, Idaho is $205,300, against $235,300 across Minidoka County.
Is it cheaper to rent or buy in Heyburn?
Median gross rent in Heyburn is $1,017 a month, against $1,546 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 Heyburn — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.