Total monthly cost of ownership
Cost to Own a Home in Huntington, Indiana
A $104,000 home here costs
$967per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $535. The real number is $432 higher every month — 81% 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.
Huntington against Huntington County and Indiana
| Measure | Huntington | Huntington County |
|---|---|---|
| Median home value | $104,300 | $146,400 |
| Median property tax | $843 | $1,070 |
| Effective tax rate | 0.808% | 0.731% |
| Median gross rent | $852 | $866 |
| Population | 17,026 | 36,757 |
The weather behind that power bill
Huntington sits in Huntington County, which averages a high of 84.4°F in its hottest month and a low of 17.0°F in its coldest, with 40.62" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 780 cooling and 6,170 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Huntington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Huntington County
Full Huntington County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Huntington?
A $104,000 home in Huntington, Indiana costs approximately $967 per month with 20% down at 6.66%. That is $535 principal and interest, $70 property tax, $44 homeowners insurance, $231 utilities and $87 set aside for maintenance.
What is the property tax rate in Huntington?
Huntington has an effective property tax rate of 0.808%, based on a median home value of $104,300 and median real estate taxes of $843. That is higher than the Huntington County average of 0.731%.
What is the average home price in Huntington?
The median owner-occupied home value in Huntington, Indiana is $104,300, against $146,400 across Huntington County.
Is it cheaper to rent or buy in Huntington?
Median gross rent in Huntington is $852 a month, against $967 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 Huntington — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.