Total monthly cost of ownership
Cost to Own a Home in Kentland, Indiana
A $103,000 home here costs
$990per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $460 higher every month — 87% 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.
Kentland against Newton County and Indiana
| Measure | Kentland | Newton County |
|---|---|---|
| Median home value | $103,200 | $159,300 |
| Median property tax | $1,196 | $1,316 |
| Effective tax rate | 1.159% | 0.826% |
| Median gross rent | $832 | $927 |
| Population | 1,759 | 13,859 |
The weather behind that power bill
Kentland sits in Newton County, which averages a high of 83.9°F in its hottest month and a low of 16.1°F in its coldest, with 40.09" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 891 cooling and 6,148 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Newton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Newton County
Common questions
How much does it cost to own a home in Kentland?
A $103,000 home in Kentland, Indiana costs approximately $990 per month with 20% down at 6.66%. That is $530 principal and interest, $99 property tax, $44 homeowners insurance, $231 utilities and $86 set aside for maintenance.
What is the property tax rate in Kentland?
Kentland has an effective property tax rate of 1.159%, based on a median home value of $103,200 and median real estate taxes of $1,196. That is higher than the Newton County average of 0.826%.
What is the average home price in Kentland?
The median owner-occupied home value in Kentland, Indiana is $103,200, against $159,300 across Newton County.
Is it cheaper to rent or buy in Kentland?
Median gross rent in Kentland is $832 a month, against $990 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 Kentland — 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.