Total monthly cost of ownership
Cost to Own a Home in Keystone, Colorado
A $1,265,000 home here costs
$8,424per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $6,503. The real number is $1,921 higher every month — 30% 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.
Keystone against Summit County and Colorado
| Measure | Keystone | Summit County |
|---|---|---|
| Median home value | $1,264,500 | $850,700 |
| Median property tax | $3,443 | $2,641 |
| Effective tax rate | 0.272% | 0.310% |
| Median gross rent | $861 | $1,851 |
| Population | 1,111 | 30,857 |
The weather behind that power bill
Keystone sits in Summit County, which averages a high of 75.0°F in its hottest month and a low of 1.5°F in its coldest, with 14.89" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 0 cooling and 10,736 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Full Summit County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Keystone?
A $1,265,000 home in Keystone, Colorado costs approximately $8,424 per month with 20% down at 6.66%. That is $6,503 principal and interest, $287 property tax, $367 homeowners insurance, $213 utilities and $1,054 set aside for maintenance.
What is the property tax rate in Keystone?
Keystone has an effective property tax rate of 0.272%, based on a median home value of $1,264,500 and median real estate taxes of $3,443. That is lower than the Summit County average of 0.310%.
What is the average home price in Keystone?
The median owner-occupied home value in Keystone, Colorado is $1,264,500, against $850,700 across Summit County.
Is it cheaper to rent or buy in Keystone?
Median gross rent in Keystone is $861 a month, against $8,424 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 Keystone — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- 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.