Cost to Own
United StatesOhioPortage CountyKent Population 27,190 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Kent, Ohio

A $211,000 home here costs

$1,869

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

A standard mortgage calculator would have told you $1,085. The real number is $785 higher every month — 72% more than the payment most buyers budget for.

Kent median: $210,700
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, $168,800 borrowed $1,085
Property tax1.631% effective rate for Kent itself $287
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $78
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $176
Total monthly $1,869

Kent against Portage County and Ohio

MeasureKentPortage County
Median home value$210,700$210,500
Median property tax$3,436$2,728
Effective tax rate1.631%1.296%
Median gross rent$983$1,036
Population27,190161,421

The weather behind that power bill

Kent sits in Portage County, which averages a high of 84.5°F in its hottest month and a low of 17.0°F in its coldest, with 43.07" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 645 cooling and 6,398 heating degree days, which is what sets the $175 electricity line above.

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

Other cities in Portage County

Full Portage County cost breakdown · Every county in Ohio

Common questions

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

A $211,000 home in Kent, Ohio costs approximately $1,869 per month with 20% down at 6.66%. That is $1,085 principal and interest, $287 property tax, $78 homeowners insurance, $243 utilities and $176 set aside for maintenance.

What is the property tax rate in Kent?

Kent has an effective property tax rate of 1.631%, based on a median home value of $210,700 and median real estate taxes of $3,436. That is higher than the Portage County average of 1.296%.

What is the average home price in Kent?

The median owner-occupied home value in Kent, Ohio is $210,700, against $210,500 across Portage County.

Is it cheaper to rent or buy in Kent?

Median gross rent in Kent is $983 a month, against $1,869 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 Kent — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Ohio.
  • 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