Total monthly cost of ownership
Cost to Own a Home in Jensen Beach, Florida
A $363,000 home here costs
$2,836per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,866. The real number is $970 higher every month — 52% 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.
Jensen Beach against Martin County and Florida
| Measure | Jensen Beach | Martin County |
|---|---|---|
| Median home value | $363,100 | $386,500 |
| Median property tax | $2,924 | $3,120 |
| Effective tax rate | 0.805% | 0.807% |
| Median gross rent | $1,227 | $1,499 |
| Population | 12,456 | 160,464 |
The weather behind that power bill
Jensen Beach sits in Martin County, which averages a high of 90.8°F in its hottest month and a low of 53.6°F in its coldest, with 64.16" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 3,528 cooling and 337 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Martin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Martin County
Common questions
How much does it cost to own a home in Jensen Beach?
A $363,000 home in Jensen Beach, Florida costs approximately $2,836 per month with 20% down at 6.66%. That is $1,866 principal and interest, $244 property tax, $219 homeowners insurance, $204 utilities and $303 set aside for maintenance.
What is the property tax rate in Jensen Beach?
Jensen Beach has an effective property tax rate of 0.805%, based on a median home value of $363,100 and median real estate taxes of $2,924. That is in line with the Martin County average of 0.807%.
What is the average home price in Jensen Beach?
The median owner-occupied home value in Jensen Beach, Florida is $363,100, against $386,500 across Martin County.
Is it cheaper to rent or buy in Jensen Beach?
Median gross rent in Jensen Beach is $1,227 a month, against $2,836 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 Jensen Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.