Total monthly cost of ownership
Cost to Own a Home in King City, Oregon
A $391,000 home here costs
$2,896per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,010. The real number is $885 higher every month — 44% 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.
King City against Washington County and Oregon
| Measure | King City | Washington County |
|---|---|---|
| Median home value | $391,100 | $558,500 |
| Median property tax | $3,468 | $4,852 |
| Effective tax rate | 0.887% | 0.869% |
| Median gross rent | $1,689 | $1,773 |
| Population | 5,078 | 600,266 |
The weather behind that power bill
King City sits in Washington County, which averages a high of 82.2°F in its hottest month and a low of 32.6°F in its coldest, with 46.72" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 347 cooling and 5,027 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Oregon
Common questions
How much does it cost to own a home in King City?
A $391,000 home in King City, Oregon costs approximately $2,896 per month with 20% down at 6.66%. That is $2,010 principal and interest, $289 property tax, $56 homeowners insurance, $214 utilities and $326 set aside for maintenance.
What is the property tax rate in King City?
King City has an effective property tax rate of 0.887%, based on a median home value of $391,100 and median real estate taxes of $3,468. That is higher than the Washington County average of 0.869%.
What is the average home price in King City?
The median owner-occupied home value in King City, Oregon is $391,100, against $558,500 across Washington County.
Is it cheaper to rent or buy in King City?
Median gross rent in King City is $1,689 a month, against $2,896 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 King City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oregon.
- 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.